I've been getting a lot of interest in Tempe condos in the last few weeks, so I thought I'd give a separate update on Tempe condos and townhomes. There are 9 sold so far in November as of 11/21/2007. Hopefully, there are lots of closings scheduled for the end of the month to keep up with October's 26. Inventory is running 13 months based on October sales, a bit longer than the general Tempe market of 12 months.
| Active - 336 Properties Found as of 11/21/2007 | |||||||
| Sq Feet | Beds | Baths | List Price | Sale Price | Agent DOM | Total DOM | |
| Min | 605 | 1 | 1 | $ 123,500 | $0 | 0 | 0 |
| Avg | 1212 | 2 | 1.93 | $ 301,490 | $0 | 100 | 110 |
| Max | 3607 | 4 | 3.5 | $ 3,260,063 | $0 | 464 | 828 |
| Sold - 26 Properties Found 10/1/2007 - 10/31/2007 | |||||||
| Sq Feet | Beds | Baths | List Price | Sale Price | Agent DOM | Total DOM | |
| Min | 623 | 1 | 1 | $ 119,900 | $ 119,900 | 0 | 0 |
| Avg | 1226 | 2 | 2.08 | $ 239,554 | $236,608 | 86 | 99 |
| Max | 2145 | 3 | 3 | $ 512,900 | $ 585,620 | 403 | 399 |
DOM = Days on Market
Data Source: Arizona Regional Multiple Listing Service
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