Market report, updated

Market Report

Search in the city of Tempe

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Report prepared by Olympiamovesfamilies.com Keller Williams Realty Phoenix

Market at a glance

Over the last 6 months, homes sold for 97.1% of list price in 70 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.

1,335homes
Active565 · 42%
Under contract102 · 8%
Sold (6 mo)668 · 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$513K
Under contract$630K
Sold$521K

Average days on market

Active98 days
Under contract73 days
Sold70 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 565
Average list price $512,937
Avg. days on market 98 days
Avg. price per ft² $307
Avg. living area 1,593 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.

6 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: 240 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
123 E 15th Street$590
410 E Southern Avenue$590
12245 S 70th Street$511

All active listings (565)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2609 W Southern Avenue Unit 143Tempe, AZ 85282 221,200$59,999$490 days
303 E Del Rio DriveTempe, AZ 85282 532,221$745,000$3351 day
927 E La Vieve LaneTempe, AZ 85284 444,651$1,850,000$3971 day
1242 E Alameda DriveTempe, AZ 85282 421,674$440,000$2621 day
1535 N Oak StreetTempe, AZ 85288 321,374$474,900$3455 days
945 E Playa Del Norte Drive Unit 2022Tempe, AZ 85288 221,208$425,000$3512 days
200 E Southern Avenue Unit 241Tempe, AZ 85282 11622$172,000$2762 days
123 E 15th StreetTempe, AZ 85281 311,152$680,000$59022 days
1025 W Cornell DriveTempe, AZ 85283 21910$359,999$3952 days
901 S Smith Road Unit 1051Tempe, AZ 85281 341,805$589,000$3262 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Olympiamovesfamilies.com Keller Williams Realty Phoenix

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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.