Home Values are UP in Tempe AZ by 17.3% January 2014

Home Values are UP in Tempe AZ by 17.3% January 2014

Many are asking as the New Year starts, how did the real estate market in Tempe, Arizona fair in 2013?  Do I have equity?  Should I sell my Tempe home now?  Maybe I should buy a Tempe home?  Tempe, Arizona home values are up 17.3% from December 2012 to December 2013.  This impressive gain in market value has been a relief for home owners that were hit hard by the real estate crash in the previous decade.  Many that chose to stay in their homes are now wondering if they have equity and they are surprised to find out they may. 

For the month of December 2013, there were 260 active listings for sale in Tempe, AZ.  112 listings were pending sales and 94 listings closed for the month.  Tempe homes average price in December 2013 was $254,728 and the average price per square foot is $133.07. 

To get a FREE market analysis of you Tempe home, please click here.  There is never any obligation.

If you would like to buy a Tempe home you can get started here.  Tempe still is a good value in the east valley ranking #9 in price per square foot in the greater Phoenix area. 

Or call text Jennifer at 480-442-9286 I am happy to help.