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

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tempehousingstats: Tempe AZ Real Estate Housing Market Report - June 2023 - 07/27/23 09:14 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for June 2023: After significantly increasing last month, the average sales price of Tempe homes saw a decrease this month, going from $584,163 in May to $556,250 in June. This is the 3rd decrease in the last 6 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 increasing last month, the average sold price per square foot of Tempe homes has slightly decreased this month, going from $300/sf in May to $297/sf in June.

After Tempe days on market decreased 3 … (2 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - April 2023 - 05/24/23 01:53 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for April 2023: After increasing the last 2 months, the average sales price of Tempe homes has decreased this month, going from $532,043 in March to $520,809 in April. This is only the 2nd time that the average home prices have decreased in April in the last 5 years. Click on the image below to read the full article and see what is going on in the Tempe Arizona real estate market. After increasing the last two months the average sold price per square foot of Tempe homes has decreased for the second … (6 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - March 2023 - 04/21/23 12:51 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for March 2023: After slightly increasing last month the average sales price of Tempe homes decreased to begin 2023, going from $539,099 in December to $521,542 this month. This is the first January that Tempe average home prices have decreased since before at least 2019. Click on the image below to read the full article and see what is going on in the Tempe Arizona real estate market.
After increasing the last two months the average sold price per square foot of Tempe homes has decreased in March, going from $292/sf in February to $287/sf … (6 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - February 2023 - 03/28/23 10:24 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for February 2023: After slightly decreasing last month the average sales price of Tempe homes increased in February, going from $521,542 in January to $527,767 this month. This is the third February out of the last four that Tempe average home prices have increased.
The average sold price per square foot of Tempe homes has increased for the second straight month, after decreasing the last two months, going from $270/sf in December to $292/sf in February.

After Tempe days on market reached an all-time low of 20 in May and June, it has increased 8 months in a … (2 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - January 2023 - 02/21/23 10:30 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for January 2023: After slightly increasing last month the average sales price of Tempe homes decreased to begin 2023, going from $539,099 in December to $521,542 this month. This is the first January that Tempe average home prices have decreased since before at least 2019.
The average sold price per square foot of Tempe homes saw a nice increase in January, after decreasing the last two months, going from $270/sf in December to $278/sf in January.

After Tempe days on market reached an all-time low of 20 in May and June, it has increased 7 months in a … (4 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - December 2022 - 01/13/23 12:52 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for December 2022: After decreasing for four straight months the average sales price of Tempe homes barely increased to end 2022, going from $538,715 in November to $539,099 this month. This is the third December that Tempe average home prices have increased.
The average sold price per square foot of Tempe homes saw a nice little increase in December, going from $271/sf in November to $275/sf in December. This is the third out of the last four months that there has been an increase, but the overall trend over the last six months is … (6 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - November 2022 - 12/14/22 01:45 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for November 2022: The average sales price of Tempe homes has decreased for the fourth straight month after increasing for eight months in a row and reaching an all-time high of $627,613 in July. Tempe average home prices have dropped since then to $538,715 in November.
The average sold price per square foot of Tempe homes decreased in November after increasing the previous two months, going from $304/sf in October to $271/sf in November.

After Tempe days on market reached an all-time low of 20 in May and June, it has increased five months in … (2 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - October 2022 - 11/20/22 11:00 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for October 2022: The average sales price of Tempe homes has decreased for the third straight month after increasing for eight months in a row and reaching an all-time high of $627,613 in July. Tempe average home prices dropped to $551,037 in October.
The average sold price per square foot of Tempe homes increased for the second straight month after decreasing for three straight months, increasing from $301/sf in September to $304/sf in October.

After Tempe days on market reached an all-time low of 20 in May and June, it has now increased four months … (2 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - September 2022 - 10/27/22 10:02 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for September 2022: The average sales price of Tempe homes has decreased for the second straight month after increasing for eight months in a row and reaching an all-time high of $627,613 in July. Tempe average home prices dropped to $576,891 in September.
The average sold price per square foot of Tempe homes increased this month after decreasing for the three straight months, increasing from $300/sf in August to $301/sf in September.

After Tempe days on market reached an all-time low of 20 in May and June, it has now increased three months in a … (0 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - August 2022 - 09/20/22 09:36 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for August 2022: The average sales price of Tempe homes finally decreased after increasing for eight straight months and reaching an all-time high of $627,613 in July. Tempe average home prices dropped to $590,965 in August.
The average sold price per square foot of Tempe homes decreased for the third straight month, dropping from an all-time high of $330/sf in May to $300/sf in August.

After Tempe days on market reached an all-time low of 20 in May and June, it has now increased two months in a row. Tempe DOM increased to 37 in … (2 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - July 2022 - 08/19/22 10:51 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for July 2022: The average sales price of Tempe homes increased for the eighth straight month, moving from $501,611 in November of 2021 to a new all-time high of $627,613 in July.
The average sold price per square foot of Tempe homes decreased for the second straight month, dropping from an all-time high of $330/sf in May to $311/sf in July.

After Tempe days on market decreased two months in a row, the DOM increased to 25 in July. Even with this increase to 25 DOM, homes in Tempe are selling faster than … (2 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - June 2022 - 08/12/22 11:24 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for June 2022: The average sales price of Tempe homes increased for the seventh straight month, moving from $501,611 in November of 2021 to a new all-time high of $615,471 in June.
The average sold price per square foot of Tempe homes decreased for the first time since December of 2021, dropping from an all-time high of $330/sf in May to $322/sf in June.

After increasing to 40 days on market in March, Tempe days on market decreased two months in a row. The DOM remained at the all-time low of 20 DOM for … (4 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - May 2022 - 06/17/22 01:54 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for May 2022: The average sales price of Tempe homes increased for the sixth straight month, moving from $604,168 in April to a new all-time high of $612,663 in May.
After remaining the same in February and March, at $303/sf, the average sold price per square foot of Tempe homes increased for the second straight month reaching a new all-time high of $330/sf in May. This is the fifth straight month the average sold price per square foot in Tempe, Arizona has increased.

After increasing to 40 days on market in March, Tempe days … (3 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - April 2022 - 05/19/22 02:25 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for April 2022: The average sales price of Tempe homes increased for the fifth straight month, moving from $577,248 in March to $604,168 in April. This is almost a $30,000 increase in one month, giving the average sales price of Tempe homes a new all-time high.
After remaining the same in February and March, at $303/sf, the average sold price per square foot of Tempe homes increased in April to $325/sf. This is a new all-time high for the average sold price per square foot in Tempe, Arizona.

After increasing to 40 days on … (3 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - March 2022 - 04/16/22 05:31 PM

Here is the most recent Tempe AZ Real Estate Housing Market Report for March 2022: The average sales price of Tempe homes increased for the fourth straight month, moving from $565,980 in February to $577,839 in March. This is not as large of an increase as the last three months, but the average sales price of Tempe homes has reached a new all-time high.
After increasing for two straight months, the average sold price per square foot of Tempe homes remained the same as last month. The average sold price in Tempe remains at the all-time high of $303/sf for March.

After increasing to 50 … (6 comments)

tempehousingstats: Tempe AZ Real Estate Housing Market Report - February 2022 - 03/17/22 10:12 AM

Here is the most recent Tempe AZ Real Estate Housing Market Report for February 2022: The average sales price of Tempe homes increased for the third straight month, moving from $531,413 in January to $565,980 in February. This is the largest increase in average sales price for February since before 2018. The average sales price of Tempe homes has reached a new all-time high, surpassing the previous high of $535,535 achieved back in June of 2021.
The average sold price per square foot of Tempe homes also increased for the second straight month after experiencing a decrease in December to end 2021. The average sold price … (2 comments)

tempehousingstats: Tempe Real Estate Housing Market Report - January 2021 - 02/03/21 02:03 PM

Here is the most recent Tempe Real Estate Housing Market Report for January 2021: The average sales price of homes in Tempe increased over $11k to start the new year at $451,456. This is a new all-time high for the average sales price in Tempe, AZ. The average sold price per square foot remained the same as last month at $229/sf. Days on market has decreased, after increasing for fourth straight month, and is now at 42 DOM for January. Tempe home sales started off the new year at exactly the same total as January of last year, at 96. It is typical … (2 comments)

tempehousingstats: Tempe Real Estate Housing Market Report - December 2020 - 01/13/21 12:29 AM

Here is the most recent Tempe Real Estate Housing Market Report for December 2020: The average sales price of homes in Tempe increased a couple thousand to end the year at $439,876, after dropping in November from a 2020 high of $449,203 in October. The average sold price per square foot also inched up to to $229/sf. Days on market has increased for the fourth straight month, from an all-time low of 31 in August, up to 45 DOM for December. Tempe home sales are significantly higher than in December of last year, up 40.0%, which I believe may have something to … (4 comments)

tempehousingstats: Tempe Real Estate Housing Market Report - November 2020 - 01/12/21 03:30 PM

Here is the most recent Tempe Real Estate Housing Market Report for November 2020: The average sales price of homes in Tempe dropped in November after almost reaching $450,000 in October, while the average sold price per square foot increased to $228/sf. Days on market has increased for the third straight month, up to 39 DOM. Tempe home sales are much higher than in November of last year, up 28.1%, which I believe may have something to do with the COVID-19 pandemic extending the summer home sales season, and the continued high demand for homes in the Phoenix Metropolitan area. The number of … (1 comments)

tempehousingstats: Tempe Real Estate Monthly Housing Report - October 2020 - 12/13/20 06:44 PM

Here is the most recent Tempe Real Estate Housing Market Report for October 2020: The average sales price of homes in Tempe increased again (almost up to $450,000), and so did the average sold price per square foot. Days on market has increased for the second straight month, up to 35 DOM. Tempe home sales are much higher than in October of last year (17.8%), which I believe may have something to do with the COVID-19 pandemic extending the summer home sales season, and the continued high demand for homes in the Phoenix Metropolitan area. The number of new listings is … (0 comments)

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