2017 Tempe AZ Housing Market Report, Statistics and House Value

Understanding the general direction of the Tempe AZ housing market conditions and home prices is vital importance to both buyers and sellers. These information help you make a more informed decision when buying or selling a home in Tempe AZ.

Here are Tempe AZ housing market trends report and statistics for single family detached home for year 2017. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past two years for Tempe AZ provided by the FlexMLS system.

Tempe AZ 2017 Housing Closed Sales Report Analysis

Based on statistics, we saw about 8.7% increased in the number of single family homes sold in 2017 compared to a year ago. The statistics show that we had 1,579 residential single family homes sold in 2017 in Tempe AZ compared to 1,453 in 2016.

In 2017, we saw 61 days on Market (DOM), compare to 65 in 2016. It took average 61 days to get your Tempe home sold in 2017.

2017 Tempe Median Sold Price for Single Family Homes

2017 median sold price in Tempe is $289,000. Compare to a year ago, 2016 median sold price was $269,000.The median sold price for single family home in Tempe had appreciated about 7.4% from a year ago.

Tempe AZ 2017 Average Sold Price Analysis

2017 average sold price for single family homes in Tempe AZ is $317,248. Compare to last year 2016 at $301,468, the average sold price has increased about 5.2% from a year ago.

The price per square feet for 2017 in Tempe is $167 per square feet.

Based on statistics on both of median sold price and average sold price, buyers are paying more for a single family homes in Tempe AZ compare to a year ago.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Wondering how much house you can afford?

Click here to access housing mortgage payment calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Tempe AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Tempe AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

New Listings Homes for Sale Tempe AZ

Real Estate Listings and Homes for Sale by Tempe AZ zipcode:

• Homes for Sale Tempe AZ 85281
• Homes for Sale Tempe AZ 85282
• Homes for Sale Tempe AZ 85283
• Homes for Sale Tempe AZ 85284

Tempe AZ Real Estate Listings & Homes for Sale by Price Range:

• Homes Under $100,000
• Homes $100,000 – $150,000
• Homes $150,000 – $200,000
• Homes $200,000 – $250,000
• Homes $250,000 – $300,000
• Homes $300,000 – $350,000
• Homes $350,000 – $400,000
• Homes $400,000 – $450,000
• Homes $450,000 – $500,000
• Homes $500,000 – $550,000
• Homes $550,000 – $600,000
• Homes $600,000 – $700,000
• Homes $700,000 – $800,000
• Homes $800,000 – $900,000
• Homes $900,000 – $1,000,000
• Homes Over $1,000,000

Homes For Sale by features Tempe AZ

• Just Listed Homes in Last 2 Days
• Homes with Private Pool
• Single Level Homes
• Homes with 3 Car Garage
• Two Level Homes
• Homes with NO HOA
• Homes with Community Pool
• Homes in Gated Community
• Homes with Fireplace
• Homes with Guest House
• Homes with RV Gate
• Horse Properties for Sale
• Homes with Basement
• Homes in Corner Lot
• Homes in Cul-De-Sac
• Homes with Golf Course Lot
• Homes with Mountain Vie
• Homes with North/South Exposure
• Homes with 9+ft Ceilings
• Homes with Vaulted Ceilings
• Homes with Other Bedrooms Downstairs
• Homes with Loft
• Waterfront Homes for Sale
• Bank Owned Properties Real Estate Listings
• Short Sale Real Estate Listings

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Summary

Article Name

2017 Tempe AZ Housing Market Report

Description

2017 Tempe AZ Housing Market Report, Statistics and House Value. 2017 Average Sold Price for Single Family Home in Tempe is $317,248 and had increased 5.2% from 2016.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

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