Market report, updated

Market Report

Search in the city of Tempe

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Report prepared by ListingLaveen.com HomeSmart Premier
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Market at a glance

Over the last 6 months, homes sold for 97.1% of list price in 71 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $545K Sold · $532K
$650K$590K$530K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 148 sales in Apr. Last month: 78.

Where the market stands

All homes in this report, by status.

1,327homes
Active563 · 42%
Under contract101 · 8%
Sold (6 mo)663 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$510K
Under contract$650K
Sold$520K

Average days on market

Active98 days
Under contract66 days
Sold71 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 563
Average list price $509,722
Avg. days on market 98 days
Avg. price per ft² $308
Avg. living area 1,585 ft²
Avg. beds / baths 2.9 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 239 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

19 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

140 E Rio Salado Parkway Unit 1201$1,044
140 E Rio Salado Parkway Unit 1103$984
140 E Rio Salado Parkway Unit 1101$900
815 S Roosevelt Street$686
410 E Southern Avenue$590
12245 S 70th Street$511
1948 E Pegasus Drive$506

All active listings (563)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1656 E Bishop DriveTempe, AZ 85282 321,590$535,000$3361 day
582 W 6th StreetTempe, AZ 85281 231,520$560,000$3681 day
1055 W 5th Street Unit 19Tempe, AZ 85281 22984$275,000$2791 day
6507 S Kenneth Place Unit CTempe, AZ 85283 21858$259,900$3021 day
2401 W Southern Avenue Unit 136Tempe, AZ 85282 11700$39,900$576 days
1905 E University Drive Unit 251Tempe, AZ 85288 221,140$275,000$2413 days
425 W Rio Salado Parkway Unit 101Tempe, AZ 85281 221,048$479,900$4573 days
1451 E Chilton DriveTempe, AZ 85283 321,556$679,900$4364 days
5616 S Roosevelt StreetTempe, AZ 85283 321,426$350,000$2455 days
2106 S Pine StreetTempe, AZ 85282 321,052$399,000$3794 days
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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.