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There’s no doubt a 3 bedroom 2 bathroom home is generally optimal for resale purposes because it affords a much wider segment of potential buyers. The minimum 3 bedroom unit (whether 1, 1.5 or 2 baths) “fits” more folks than the “downsizer” 2 bedroom unit.
In general, there are very few newer 2 bedroom units built as detached homes. 2 bedroom homes in Tempe AZ tend to be older houses. If they are newer they’re attached housing such as town homes or condos. And so it goes for 2 bedroom homes for sale in Tempe AZ. The various housing developments around Rio Salado Parkway are hot beds for 2 bedroom homes for sale in Tempe AZ.
The millennials are an emerging market for 2 bed units. They generally have less money than their predecessors, the baby boomers, and more college debt making it a challenge to qualify for larger homes. Another reason for the demand for smaller housing is because there has been less family creation.
As a matter of information here are statistics from the Metro Phoenix MLS for the average proportion of property listings:
Number of Bedrooms
%
1 bedroom homes
3.2%
2 bedroom homes
17.3%
3 bedroom homes
37.5%
4 bedroom homes
29.5%
5 bedroom homes
10.3%
6+ bedroom homes
2.2%
3 bedroom homes are the most popular and easily found on the Metro Phoenix MLS followed by four-bedroom homes. Those 2 groups account for 67% of all home listings on the MLS. 2 bedroom homes for sale in Tempe AZ come in 3rd with more than the combined total of all 1, 5, and 6+ bedroom homes.
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