Tempe, AZ Real Estate News

By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 in the last five months. With this increase, Tempe home sales are 1.4% higher than June of 2020. This is mainly due to the COVID-19 pandemic shutting down the economy last March, but by June of 2020, the housing market had already made a nice recovery. The ...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 May from 131 to 125, the first decrease in the last five months. Even though they decreased, Tempe home sales are still 34.4% higher than last May. This is mainly due to the COVID-19 pandemic shutting down the economy last March. Up until May, it l...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 48.9% higher than last April. This is mainly due to the COVID-19 pandemic shutting down the economy last March. It is typical for home sales to start off slow in the beginning of a new year, but if this trend...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 March. It is typical for home sales to start off slow in the beginning of a new year, but if this trend continues, it may be a good year for home sales in Tempe. The number of new listings increased to 149, but is ...
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By Chris Dunham, The Real Estate Guy™
(NexGen Brokered by eXp Realty)
Tempe Loft for Sale - 5th Street West with 3 BedroomsIf you've been searching for a Loft, in the city of Tempe, where the nights seldom end and Mill Ave is a hot spot for drinking, dancing and dining, you have stumbled on the right blog.This 3 Bedroom Loft for Sale in Tempe, features over 1,800 square feet and was built in 2009. Located just off 5th Street and Priest. Located just over a mile from Tempe Beach Park, just under a mile and a half to Sky Harbor Airport and 2 miles to the Phoenix Zoo.ASU is east of this community, so its just under 2 miles away. With the Light Rail System and the new "Tempe Trolly" system being installed, Tempe will be easier than ever to get around.Priced to sell at $499,000. Call today. 602-321-6188
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By Chris Dunham, The Real Estate Guy™
(NexGen Brokered by eXp Realty)
4 Bedroom home for Sale in Tempe - Large Lot home in TempeLocated just off Broadway and Mill Ave in "Tempe Estates" this 4 bedroom, 3 bath home for Sale features over 2,200 squae feet, a large, 10,000 plus square foot lot. Single level home with solid block construction. This Tempe home was built in the 1950's and has that old world Bungalow feel to it, but it has been completely remodled from floor to ceiling. A large, open floor-plan, that hinges on the great-room concept. A large kitchen with room for an Island. Large walk in pantry as well. Black appliances accent the gray tones of the cabinetry while the nuetral colored plank flooring add to the dymanic of interior colors. The Custom granite counter tops blend nicely as well. Not too busy, but classy enough to have that "feel and l...
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By Steffy Hristova, Tempe AZ Realtor - Your Home Close to Your Work!
(HomeSmart Elite Group Tempe AZ Tel: 480-966-9353)
This mid-century modern  4-bed/ 3-bath home in Tempe's Daley Park neighborhood is now on the market for sale.The home has been remodeled and updated beautifully. The white kitchen opens to the dining room, which has a view to the back yard and the front lawn. The living room feels spacious and bright, with an oversized window.   The street is one of the quietest streets in the community, yet close to the park, to grocery shopping and restaurants. If I lived here, I would walk to the performances at ASU Gammage Hall to enjoy a Broadway show, or a concert. 329 E Solana Drive,Tempe AZ 852814-bed/3-bath and a garage$649,000If you would like more information, please visit the details page on this link : https://www.talktosteffy.com/property/6207239/I would be happy to provide you with a tour...
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By Steffy Hristova, Tempe AZ Realtor - Your Home Close to Your Work!
(HomeSmart Elite Group Tempe AZ Tel: 480-966-9353)
This beautiful townhome in Tempe's 525 Townlake community is right in the heart of everything downtown. A resident here can walk to the vibrant downtown Mill Avenue . And reach easily Arizona State University.The townhome was built in 2006 and extensively remodeled in 2019. The location of the townhome within the community is very central and convenient - walk from your front door, and you are at the pool. Click the gate code from your car, enter and turn West and you are in front of your garage. Take your dog for a walk, cross Rio Salado Parkway and jog along Tempe Beach Park pathways, check out what's happening at Tempe Center for the Arts, cross one of the pedestrian bridges and jog all the way to the Tempe Marina. Please view more photos and details on the link below:525 W Lakeside ...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 trend continues, it may be a good year for home sales in Tempe. The number of new listings is down -7.7% from February of last year, and the number of active listings is also down -24.6% from February of last year. The l...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 for home sales to start off slow in the beginning of a new year, but this total is more sales than in 2019 and 2018. The number of new listings is down -6.6% from January of last year, and the number of active listings is also down -20.0% f...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 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 down -9.4% from December of last year, and the number o...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 new listings is down -11.1% from November of last year, and the number of active listings is also down -10.1% from November of last year. The lack of listings continues to drive demand and home pr...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
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 also higher than October of last year, also higher by 17.8%. The number of active listings actually reported a number higher than October of last year. The lack of listings continues to drive demand and home prices higher,...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Tempe Housing Market Report for September 2020! The average sales price for Tempe homes decreased just a bit this month, while the price per square foot increased in September. Days on market increased from an all-time low of 31 in August, but still remains extremely low at 34 this month. Tempe home sales are significantly higher than in September of last year, increasing 17.7% year-over-year. The number of new listings is also higher than in September of last year by 5.3%. However, the number of active listings still remains lower than September of last year by 5.6%, but is getting closer to last years numbers. The lack of new Tempe listings continues to drive demand and home prices higher. Home values have increased an average of 13% in the Phoenix Metro area s...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Tempe Housing Market Report for August 2020! The average sales price dropped a little in August, but the per square foot increased slightly to $216. Days on market has lowered to 31 from 41 last month, which is extremely low. Tempe home sales are higher than in August of last year by 10.5%, but dropped from a high for this year of 149 last month. The number of new listings is higher than August of last year by 16.8%. The number of homes for sale is slightly higher than August of last year by 1.9%, which is a good thing because there has been a serious lack of homes for sale throughout this year. The low number of listings continues to drive demand and home prices higher. Home values have increased an average of 9% since August of 2019. With interest rates remaini...
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
The 18th Annual Tempe Healing Field Tribute Returns As A Virtual EventThe annual Tempe Healing Field tribute carried on its commitment to #NeverForget the lives lost on September 11th, 2001 this year as a virtual event broadcasted from the Healing Field Memorial Facebook page. Hosted by the Tempe Exchange Club, the nation’s second longest running Sept. 11, 2001 tribute event officially started at 5:46 a.m. when the first names were read. The tribute is traditionally held at Tempe Town Lake but even in virtual format, its message remains as powerful as ever to feel and hear as the community came together once more to honor the lives lost on that tragic event 19 years ago. To help commemorate this year's event, community members are requested to use the #HealingFieldAZ hash tag when shari...
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By Steffy Hristova, Tempe AZ Realtor - Your Home Close to Your Work!
(HomeSmart Elite Group Tempe AZ Tel: 480-966-9353)
Tonight's views of the Phoenix Downtown and Tempe must have been pretty exciting for many hikers. I started counting how many were visible on my photo. Let me know what number you will come up with. Here is a close-up picture.   It was about 108°F, but somehow we get used to it and don't notice it after a while. The climb up those rocks is pretty easy, and the path is winding and gradual. So it is attractive for many hikers to try it. 
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
COMING SOON: Fire Hens' Nashville-style Hot Chicken! Nashville-style hot chicken is coming to Tempe, AZ soon! In the meantime, have your orders delivered today anywhere in the Valley- check out and follow @firehens on Instagram for instructions on how to order!Get Your Home Sold With The Shanna Day Team Beautify/Ready To Sell Program!  CallOFFICIAL LISTING AGENT, SHANNA DAYfor any questions or more information:480-415-7616   Did you know that Shanna Day is in the Top 0.33 percent of 39,000 realtors of her local MLS and Top 0.38% in Gross Commission Income (GCI) of the 159,000 active Keller Williams agents?  Click here to view all of the Shanna Day Team Featured Listings FUTURE QUESTIONS If you have any topics or questions you would like answered, contact The Shanna Day Dream Home Team -...
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By Chris Dunham, The Real Estate Guy™
(NexGen Brokered by eXp Realty)
Condo for Sale on Tempe Town Lake - Tempe High Rise Condo for Sale Looking for a Fully Furnished, move in ready Condo in Downtown Tempe? Are you a Runner, Jogger, Bicyclist or Swimmer, this has got to be on your top 3 list of properties to view. Quick access to Tempe Town Lake and all its paths. Ideal for training and participating in the year round activities from 5k Races, to the Annual Ironman and Tempe Tri-Athalon. This Condo has a large spacious great room, that blends the kitchen, breakfast bar dining and family room all together. Two large bedrooms, nice sized master bathroom. Large balcony accessible from both Master and Great room. This Condo for Sale in Tempe, features fitness center, swimming pool, guarded entry, underground parking in a secured structure. Washer-Dryer convey...
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By Steffy Hristova, Tempe AZ Realtor - Your Home Close to Your Work!
(HomeSmart Elite Group Tempe AZ Tel: 480-966-9353)
I was walking along one of the Tempe streets for my morning stroll and saw this beautiful front yard and the sign in front of it - Winner of the Beautification Award. The clean lines, honest materials like exposed block, rusted metal, stones are among the favorites. It looks well-deserved - it certainly caught my eye right away. I am aware of this City of Tempe activity and have been attending this event for years in person. It is usually held in April. From the city of Tempe website I learned that actually it is coming soon - the annual City of Tempe State of the Neighborhoods Event. This year it will be held virtually.It recognizes residents, properties and businesses in our neighborhoods that make it special for all of us, living there. There are about six-seven different categories ...
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