Market Summary for Tempe Arizona November 2014
The number of active listings in Tempe for November was up slightly from October. In November, there were 515 active listings for Tempe compared to 505 in October. However, the number of listings that sold reduced from 129 in October to 119 in November. The median list price increased slighting in November at $240K compared to $235.9K in October. However, the median sold price showed a fairly dramatic decrease in November at $191.5K compared to $215K in October.
If you are looking to sell your home and are motivated to sell quickly, pricing right is key. It is important to hire the right real estate agent to partner with to guide you through the process and provide you with a comparative market analysis.
Tempe Arizona Real Estate Report Summary
Sold listings in Tempe in November had the following statistics:
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The average price for the 119 properties is $222,089. |
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The highest price is $1,375,000. |
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The median price is $191,500. |
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The lowest price is $75,000. |
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The average Market Time is 64 Days. |
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The average Continuous Market Time is 71 Days. |
Find Homes for Sale in Tempe AZ
Visit my website to Search For Homes In Tempe or to be notified when Tempe homes come on the market.
To find out what your home is worth in the current market email CherylTisland@RealtyExecutives.com or call 480.388.6522.
*Information taken from Arizona Regional MLS. Information deemed reliable but not guaranteed.
Real estate market data for Tempe, AZ provided by Cheryl Tisland of Realty Executives Phoenix.
More information found on EVAZHomeSales.com
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