Real estate blog entries tagged with tempe arizona by Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor (HomeSmart)

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tempe arizona: Tempe AZ Real Estate Housing Market Report - July 2023 - 08/24/23 01:43 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for July 2023: After decreasing last month, the average sales price of Tempe homes saw a significant increase this month, going from $556,250 in June to $610,289 in July. This is the 4th increase this year, and the average sales price is approaching the all-time high of $627,613 we saw in July of 2022. Click on the image below to read the full article and see what is going on in the Tempe Arizona real estate market. After slightly decreasing last month, the average sold price per square foot of Tempe homes jumped up this … (4 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - May 2023 - 06/28/23 11:11 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for May 2023: After decreasing last month, the average sales price of Tempe homes saw a large increased this month, going from $519,685 in April to $584,163 in May. This is the 3rd increase in the last 4 months. Click on the image below to read the full article and see what is going on in the Tempe Arizona real estate market. After decreasing the last two months the average sold price per square foot of Tempe homes has increased this month, going from $282/sf in April to $300/sf in May.

After Tempe days on market increased … (6 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - January 2022 - 02/15/22 08:11 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for January 2022: The average sales price of Tempe homes increased for the second straight month, moving from $514,944 in December to $531,413 in January of 2022. This is the fourth straight year that the average sales price of Tempe homes have increased in January to start off a new year. After seeing a few drops in the average sales price in the last part of 2021, the average sales price of Tempe homes is getting close to the all-time high of $535,535 achieved in June of 2021.
The average sold price … (2 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - December 2021 - 01/18/22 10:46 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for December 2021: The average sales price of Tempe homes increased in December after decreasing in November. The average sales price of Tempe homes ended the year on an upswing and is now at $514,944, still lower than the all-time high of $535,535 achieved in June of this year.
At the same time, the average sold price per square foot decreased after increasing the previous two months. The average sold price went from an all-time high of $293/sf in November to $289/sf in December.

After remaining the same as the month before in November, Tempe days … (0 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - November 2021 - 01/05/22 09:30 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for November 2021: The average sales price of Tempe homes for November significantly decreased by $33,854, after increasing by $30,504 the last two months. The average sales price of Tempe homes is now at $501,611.
At the same time, the average sold price per square foot increased for the second straight month, going from $279/sf in October to $293/sf in November.

After increasing for four straight months, days on market remained the same in November as October, at 32 DOM. Even though the trend has seen days on market increasing, 32 DOM is … (4 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - October 2021 - 12/27/21 10:28 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for October 2021: The average sales price of Tempe homes for October increased for the second straight month, this time by $22,542, up to $535,465. After dropping $21,421 in July, and another $11,233 drop in August, this continues to be a good sign for the fall. At the same time, the average sold price per square foot increased in October, from $277/sf to $279/sf, after decreasing in September.

Days on market increased for the fourth straight month, up to 32 DOM in October after recording an all-time low of 22 DOM in May and June. Click on … (4 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - September 2021 - 10/21/21 10:48 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for September 2021: After seeing a decrease in the average sales price of Tempe homes over the last two months, the average sales price for September increased $7,259, up to $512,219. After dropping $21,421 in July, and another $11,233 drop in August, this was a good sign heading into the Fall. At the same time, the average sold price per square foot decreased in September, from $287/sf to $277/sf, after increasing in August.

Days on market increased for the third straight month, up to 28 DOM in September after recording an all-time low of 22 … (4 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - August 2021 - 09/22/21 09:45 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for August 2021: After June saw a $32,647 increase in the average sales price of Tempe homes, there has been a decrease in the average sales price over the last two months. I don't think this has happened in at least a year, but after dropping $21,421 in July, the average sales price of homes in Tempe dropped another $11,233, to $504,960 in August. At the same time, the average sold price per square foot increased in August, from $271/sf to $287/sf, after decreasing for the first time in the last six months … (2 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - July 2021 - 08/13/21 12:44 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for July 2021: After June saw a $32,647 increase in the average sales price of Tempe homes, July saw a decrease in the average sales price of Tempe homes by $21,421. At the same time, the average sold price per square foot decreased for the first time in the last six months from $276/sf to $271/sf. Days on market increased in July to 23 DOM, after recording an all-time low of 22 DOM the last two months. After increasing in four of the last five months, Tempe home sales decreased from … (2 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - June 2021 - 07/09/21 03:47 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for June 2021: After May saw a drop in the average sales price of Tempe homes by over $23,000, June saw an increase of $32,647, back up to $537,614. At the same time, the average sold price per square foot increased for the fifth straight month from $264/sf to $276/sf. Days on market for June remained the same as it was in May, an all-time low of 22 DOM, after increasing to 29 DOM in April. Tempe home sales saw a nice increase up to 145 in June, the fourth increase … (4 comments)

tempe arizona: Tempe AZ Real Estate Housing Market Report - May 2021 - 06/14/21 10:19 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for May 2021: The average sales price of homes in Tempe had increased over $90,000 in March and April, so it was bound to drop a little in May. May saw a drop in the average sales price in Tempe, down over $23,000 to $504,967. At the same time, the average sold price per square foot increased for the fourth straight month from $258/sf to $264/sf. Days on market went down in May to a new all-time low of 22 DOM after increasing in April. Tempe home sales slightly decreased in … (4 comments)

tempe arizona: Tempe Real Estate Housing Market Report - April 2021 - 05/07/21 03:30 PM

Here is the most recent Tempe Real Estate Housing Market Report for April 2021: After increasing over $35k in March, the average sales price of homes in Tempe increased almost $55k in April, to a new all-time high of $528,354, and surpassing $500k for the first time. At the same time, the average sold price per square foot increased for the third straight month from $245/sf to $258/sf. Days on market shot up in April to 29 DOM after decreasing the previous three months. Tempe home sales slightly increased in April from 126 to 131 for the fourth straight monthly increase, and are … (4 comments)

tempe arizona: Tempe Real Estate Housing Market Report - March 2021 - 05/07/21 02:09 PM

Here is the most recent Tempe Real Estate Housing Market Report for March 2021: After decreasing over $13k in February, the average sales price of homes in Tempe increased over $35k in March, to an all-time high of $473,421. At the same time, the average sold price per square foot increased for the second straight month from $239/sf to $245/sf. Days on market has decreased for the third straight month, down to an all-time low of 25 DOM for March. Tempe home sales jumped in March from 113 to 126 for the third straight monthly increase, and are actually 8.6% higher than last … (2 comments)

tempe arizona: Tempe Real Estate Housing Market Report - February 2021 - 03/08/21 12:05 PM

Here is the most recent Tempe Real Estate Housing Market Report for February 2021: After increasing $11,000 in January, the average sales price of homes in Tempe decreased over $13k in February, down to $438,013. However, the average sold price per square foot increased to $239/sf. Days on market has decreased for the second straight month, down to an all-time low of 30 DOM for February. Tempe home sales jumped in February to 113, which is the highest for that month since 2018. It is typical for home sales to start off slow in the beginning of a new year, but if this … (8 comments)

tempe arizona: Tempe listed as up-and-coming tech city where you can afford a home - 04/25/17 06:57 PM

Tempe has been ranked #7 on a list of top up-and-coming tech cities where you can afford a home.
Our very own Tempe, Arizona has been ranked #7 on the list of up-and-coming tech cities where it is still affordable to own a home. In case you didn't know, technology/engineering is the United States' fastest-growing industry. This article on Realtor.com ranked the 500 largest U.S. cities by these tech-savvy factors, and then eliminated those where housing affordability was out of whack, even for a decently paid engineer or developer.

Click here to see all Tempe Arizona Homes For Sale

Percentage of employment in the … (6 comments)

tempe arizona: Tempe Arizona - Great Arizona Beer Festival - 03/02/09 07:43 AM

Okay, if I keep writing about all these festivals and events that involve drinking alcohol, everyone is going to think I have a problem, and need a 12 step recovery plan. Living in Arizona, we have a great opportunity to hold outdoor events almost throughout the entire year, but early Spring is really the optimal time, and a time when many events are kicking off the new year, like this one.
The Great Arizona Beer Festival in Tempe, Arizona is celebrating it's 21st annual event. The Great Arizona Beer Festival is this Saturday and Sunday, March 7 and 8 2009 at … (0 comments)

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