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Tempe

Tempe Market Report

$406,455

AVERAGE PRICE OF 381 HOMES

$268,958

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,670,914

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$414,370

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$513,263

AVERAGE PRICE OF 125 HOMES WITH A POOL

$466,815

AVERAGE PRICE OF 153 REDUCED PRICE HOMES

Average Home

Average Price $406,455
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $203,753
2 bedrooms $289,098
3 bedrooms $338,570
4 bedrooms $446,203
5 bedrooms $707,800
Tempe Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings 417 347 335 326 359
Average Price $417,000 $433,995 $419,038 $391,443 $380,891
Avg Price Change -4.08% +3.57% +7.05% +2.77% +2.27%
Median Price $333,900 $344,146 $333,405 $316,670 $306,282
Med Price Change -3.07% +3.22% +5.28% +3.39% +2.07%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.34 baths 2.42 baths 2.42 baths 2.34 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Corona Del Sol High School 59 $732,095 82 days
Marcos De Niza High School 59 $326,641 42 days
McClintock High School 101 $289,448 45 days
Mountain Pointe High School 20 $497,248 58 days
Tempe High School 126 $385,663 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 381 $406,455 58 days
Distressed Homes 5 $268,958 64 days
Multi-Million Dollar Homes 14 $1,670,914 159 days
Newly Built Homes 21 $414,370 110 days
Homes with a Pool 125 $513,263 57 days
Reduced Price Homes 153 $466,815 86 days

School Data

Highly Rated Tempe Schools

8

BROADMOR ELEMENTARY SCHOOL
Elementary School
Public

8

C I WAGGONER SCHOOL
Elementary School
Public

9

FULLER ELEMENTARY SCHOOL
Elementary School
Public

8
9

KYRENE DE LA MARIPOSA SCHOOL
Elementary School
Public

9

KYRENE DE LA MIRADA SCHOOL
Elementary School
Public

9

KYRENE DEL CIELO SCHOOL
Elementary School
Public

9

FRANKLIN ELEMENTARY SCHOOL
Middle School
Public

8

WARD TRADITIONAL ACADEMY
Middle School
Public

Carol Royse Team
Carol Royse
2077 E. Warner Rd. #110 Tempe, AZ 85284
480-776-5231

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© 2018 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. Real estate listings held by brokerage firms other than Carol Royse Team are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. 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. May 23, 2018