January 2018 In Tempe

logo for Tempe Housing Market Conditions

Source for monthly Tempe Housing Market Conditions by Tempe Realtors. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (MLS). Ask us how to get the best deal on a Tempe home in this market, including Tempe Luxury Homes!


Tempe Housing Market Conditions

To reduce data errors results are based on:

  • Tempe SOLD single family residences, patio homes, and townhomes (ask us about condos)
  • sales price under $1,000,000
  • size over 1,000 sq ft.
  • Calendar month
AT A GLANCE

Based on preceding 3-month average:

Tempe’s in a:

5 YEARS of sales data below will increase your understanding the local housing market (we have another 4 years archived).
About Tempe


Last Update for Tempe Housing Market Conditions: January 6th, 2018

Month Total Active Total Sold % Sold MO. INV. Sq ft Price DOM $$ sq ft Active # Foreclo. % Active Foreclo. Sold Foreclo. % Sold Foreclo.
Jan-18 208 1 0.5%
Dec-17 254 161 63.4% 1.6 1,814 $298,038 64 $164 0 0.0% 0 0.0%
Nov-17 329 143 43.5% 2.3 1,734 $277,192 56 $160 2 0.6% 2 1.4%
Oct-17 281 160 56.9% 1.8 1,810 $291,995 49 $161 0 0.0% 0 0.0%
Sep-17 307 147 47.9% 2.1 1,768 $283,528 63 $160 1 0.3% 1 0.7%
Aug-17 290 203 70.0% 1.4 1,813 $291,386 51 $161 3 1.0% 3 1.5%
Jul-17 295 192 65.1% 1.5 1,717 $283,364 45 $165 3 1.0% 2 1.0%
Jun-17 288 203 70.5% 1.4 1,851 $301,659 57 $163 2 0.7% 3 1.5%
May-17 290 197 67.9% 1.5 1,792 $288,951 47 $161 5 1.7% 3 1.5%
Apr-17 223 186 83.4% 1.2 1,803 $286,459 57 $159 5 2.2% 2 1.1%
Mar-17 236 194 82.2% 1.2 1,798 $294,711 65 $164 4 1.7% 3 1.5%
Feb-17 271 122 45.0% 2.2 1,779 $273,694 75 $154 6 2.2% 2 1.6%
Jan-17 298 139 46.6% 2.1 1,830 $285,608 77 $156 5 1.7% 2 1.4%
Tempe Housing Market Conditions 2016
Dec-16 342 138 40.4% 2.5 1,744 $272,571 62 $156 8 2.3% 6 4.3%
Nov-16 332 155 46.7% 2.1 1,695 $262,312 55 $155 10 3.0% 3 1.9%
Oct-16 340 151 44.4% 2.3 1,794 $275,931 62 $154 7 2.1% 3 2.0%
Sep-16 354 176 49.7% 2.0 1,789 $275,629 62 $154 5 1.4% 4 2.3%
Aug-16 357 178 49.9% 2.0 1,673 $257,129 51 $154 5 1.4% 9 5.1%
Jul-16 337 168 49.9% 2.0 1,788 $269,803 46 $151 7 2.1% 7 4.2%
Jun-16 296 200 67.6% 1.5 1,777 $274,968 63 $155 9 3.0% 3 1.5%
May-16 303 185 61.1% 1.6 1,800 $280,984 64 $156 8 2.6% 3 1.6%
Apr-16 299 165 55.2% 1.8 1,876 $282,281 65 $150 6 2.0% 7 4.2%
Mar-16 315 154 48.9% 2.0 1,825 $272,528 62 $149 6 1.9% 3 1.9%
Feb-16 266 124 46.6% 2.1 1,686 $251,792 70 $149 5 1.9% 7 5.6%
Jan-16 192 121 63.0% 1.6 1,809 $277,417 71 $153 7 3.6% 4 3.3%
Tempe Housing Market Conditions 2015
Dec-15 286 95 33.2% 3.0 1,933 $284,536 55 $147 12 4.2% 4 4.2%
Nov-15 308 102 33.1% 3.0 1,840 $279,845 51 $152 10 3.2% 3 2.9%
Oct-15 275 127 46.2% 2.2 1,699 $245,604 54 $145 3 1.1% 8 6.3%
Sep-15 264 133 50.4% 2.0 1,719 $250,367 52 $146 4 1.5% 5 3.8%
Aug-15 240 163 67.9% 1.5 1,790 $256,707 49 $143 7 2.9% 3 1.8%
Jul-15 266 187 70.3% 1.4 1,794 $258,472 52 $144 8 3.0% 9 4.8%
Jun-15 253 183 72.3% 1.4 1,753 $253,559 61 $145 7 2.8% 5 2.7%
May-15 257 185 72.0% 1.4 1,760 $257,538 53 $146 14 5.4% 7 3.8%
Apr-15 275 168 61.1% 1.6 1,834 $258,680 64 $141 11 4.0% 6 3.6%
Mar-15 274 128 46.7% 2.1 1,839 $261,030 82 $142 9 3.3% 7 5.5%
Feb-15 289 116 40.1% 2.5 1,789 $243,307 90 $136 10 3.5% 11 9.5%
Jan-15 292 119 40.8% 2.5 1,767 $240,542 87 $136 12 4.1% 6 5.0%
Tempe Housing Market Conditions 2014
Dec-14 383 124 32.4% 3.1 1,803 $247,226 70 $137 18 4.7% 12 9.7%
Nov-14 366 95 26.0% 3.9 1,682 $222,739 62 $132 13 3.6% 3 3.2%
Oct-14 334 118 35.3% 2.8 1,858 $245,998 69 $132 11 3.3% 11 9.3%
Sep-14 356 144 40.4% 2.5 1,776 $241,800 59 $136 13 3.7% 9 6.3%
Aug-14 367 169 46.0% 2.2 1,851 $253,920 68 $137 21 5.7% 9 5.3%
Jul-14 388 166 42.8% 2.3 1,783 $239,935 69 $135 21 5.4% 10 6.0%
Jun-14 382 166 43.5% 2.3 1,759 $236,799 70 $135 21 5.5% 12 7.2%
May-14 391 169 43.2% 2.3 1,750 $234,051 69 $134 23 5.9% 9 5.3%
Apr-14 421 143 34.0% 2.9 1,755 $235,159 69 $134 32 7.6% 21 14.7%
Mar-14 404 125 30.9% 3.2 1,835 $246,310 83 $134 37 9.2% 12 9.6%
Feb-14 352 94 26.7% 3.7 1,755 $233,736 87 $133 35 9.9% 11 11.7%
Jan-14 257 112 43.6% 2.3 1,831 $251,856 81 $138 24 9.3% 4 3.6%
Tempe Housing Market Conditions 2013
Dec-13 341 121 35.5% 2.8 1,759 $234,774 52 $133 22 6.5% 12 9.9%
Nov-13 391 111 28.4% 3.5 1,725 $224,501 57 $130 24 6.1% 10 9.0%
Oct-13 351 109 31.1% 3.2 1,833 $241,406 47 $132 27 7.7% 9 8.3%
Sep-13 301 129 42.9% 2.3 1,732 $229,720 43 $133 22 7.3% 17 13.2%
Aug-13 240 163 67.9% 1.5 1,752 $230,268 36 $131 21 8.8% 19 11.7%
Jul-13 212 157 74.1% 1.4 1,823 $239,208 42 $131 11 5.2% 17 10.8%
Jun-13 177 169 95.5% 1.0 1,902 $238,377 47 $125 11 6.2% 21 12.4%
May-13 160 207 129.4% 0.8 1,818 $230,448 48 $127 19 11.9% 43 20.8%
Apr-13 161 160 99.4% 1.0 1,759 $209,399 57 $119 23 14.3% 46 28.8%
Mar-13 180 139 77.2% 1.3 1,784 $211,923 57 $119 36 20.0% 36 25.9%
Feb-13 202 136 67.3% 1.5 1,695 $190,431 64 $112 50 24.8% 32 23.5%
Jan-13 221 109 49.3% 2.0 1,809 $214,867 67 $119 51 23.1% 23 21.1%
Tempe Housing Market Conditions 2012
Dec-12 215 145 67.4% 1.5 1,750 $195,283 50 $112 40 18.6% 55 37.9%
Nov-12 214 143 66.8% 1.5 1,746 $199,121 52 $114 39 18.2% 51 35.7%
Oct-12 193 116 60.1% 1.7 1,783 $200,117 61 $112 46 23.8% 40 34.5%
Sep-12 173 134 77.5% 1.3 1,836 $205,074 54 $112 45 26.0% 51 38.1%
Aug-12 166 155 93.4% 1.1 1,749 $195,394 58 $112 34 20.5% 62 40.0%
Jul-12 157 163 103.8% 1.0 1,860 $199,275 74 $107 34 21.7% 59 36.2%
Jun-12 143 192 134.3% 0.7 1,858 $200,064 51 $108 31 21.7% 66 34.4%
May-12 125 175 140.0% 0.7 1,849 $191,509 76 $104 32 25.6% 76 43.4%
Apr-12 138 165 119.6% 0.8 1,761 $175,994 63 $100 46 33.3% 61 37.0%
Mar-12 165 160 97.0% 1.0 1,773 $170,344 75 $96 46 27.9% 59 36.9%
Feb-12 194 145 74.7% 1.3 1,821 $174,978 97 $96 51 26.3% 63 43.4%
Jan-12 239 123 51.5% 1.9 1,666 $149,432 77 $90 80 33.5% 66 53.7%

 

ASK US HOW TO GET THE BEST DEAL ON A HOME with current Tempe Housing Market Conditions!

About Tempe

State: Arizona
County: Maricopa
Location: Tempe
ZIP or Postal Code(s): 85281, 85282, 85283, 85284

Tempe Fast Facts

Tempe Fast Facts:

  • 182,498 population in 2017 making it the 7th largest city in Metro Phoenix and 8th in state.
  • About 40 square miles in size.
  • Tempe Town Lake is 2 miles long, 800-1200 feet wide, has an average depth of 12.5 feet, holds 977 million gallons of water, and was built for the initial cost of $45,000,000 ($26,000,000 absorbed by private developers).
  • Arizona State University (ASU) had a 2017 enrollment of 103,410 students as follows: ~72,000 spread over 5 campuses and the remaining ~31,000 participate in online classes.
  • ASU’s main campus occupies 700 acres in the heart of Tempe
  • Tempe Elementary schools have been recognized as Arizona A+ and national Blue Ribbon award-winners for their academic excellence.
  • Two major malls are in Tempe: Arizona Mill Mall and Tempe Marketplace
  • Grady Gammage Theater at ASU and Tempe Center for the Arts are two highly respected culteral centers.
  • Tempe is landlocked being surrounded by Phoenix, Scottsdale, Mesa, and Chandler.
  • 51 public parks including the 125 acre Kiwanis Park featuring a lake and 54,000 square foot recreation center.

Return here frequently for updated Tempe Housing Market Conditions and Homes for Sale in Tempe AZ by Tempe Realtors looking out for your best interests.