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2022 January Tempe AZ Market Update

Tempe AZ Real Estate Housing Market Update

Tempe AZ Real Estate Housing Market Update

📈 January 2022 Tempe AZ Housing Market Trends Report, Statistics and House Value

Here are January 2022 Tempe AZ Housing Market Update and statistics for single family homes. 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 12 months for Tempe AZ as 2/6/2022, provided by the FlexMLS system.

January 2022 Tempe AZ Housing Market Update Highlights:
  • Number of new listings for homes for sale has decreased about 18.1% from a year ago
  • January 2022 average sold price for single family home in Tempe is $531,412 and had increased about 17.7% from January 2021
  • Median sold price in January 2022 was $502,365, which had increased about 24.0% from a year ago
  • Almost all of single family home sold in Tempe in January 2022 are regular sales
  • January 2022 most expansive home sold in Tempe was sold for $1,050,000

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Tempe AZ January 2022 Closed Sales Report Analysis

Based on January 2022 statistics, we saw about 14.6% increased in the number of single family homes sold in January 2022 compared to a year ago. The statistics show that we have 110 single family homes sold in January 2022 in Tempe AZ compared to 96 in January 2021.

In January 2022, we saw 41 days on Market (DOM), which is same as in January 2021. It took average 41 days to get your Tempe home sold in January 2022.

January 2022 Tempe Median Sold Price

January 2022 median sold price for single family home in Tempe is $502,365. Compare to a year ago, January 2021 median sold price was $405,000. The median sold price for single family home in Tempe had appreciated about 24.0% from a year ago.

January 2022 Tempe Median Sold Price was $502,365
Click here to view Homes for Sale in Tempe AZ Under $500,000

Tempe AZ January 2022 Average Sold Price

January 2022 average sold price for single family homes in Tempe AZ is $531,412. Compare to last year January at $451,456, the average sold price has increased about 17.7% from a year ago.

There are 1 million dollars homes sold in Tempe in January 2022.

January 2022 Tempe Average Sold Price was $531,412
Click here to view Homes for Sale in Tempe AZ Under $525,000

January 2022 Average Sold Price Per Square Feet

The average sold price per square feet for January 2022 in Tempe is $295.00 per square feet, compare to $229.00 a year ago.

January 2022 Tempe Average Sold Price per square feet was $295
Click here to view Homes for Sale in Tempe AZ Under $150 per square feet

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.

January 2022 Housing Market Update by Tempe zip code

Tempe AZ zip code Median Sold Price Average Sold Price
Tempe AZ 85281 $489,950 $476,072
Tempe AZ 85282 $502,500 $532,453
Tempe AZ 85283 $459,664 $499,804
Tempe AZ 85284 $633,750 $661,453
💡 Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

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.

What My Tempe House is Worth Today?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

New Listings in Last 24 Hours Tempe AZ

Homes for Sale Tempe
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Summary
Article Name
January 2022 Tempe AZ Housing Market Trends Report
Description
January 2022 Tempe AZ Housing Market Trends Report, Statistics and House Value. January 2022 average sold price for single family home in Tempe is $531,412 and had increased about 17.7% from January 2021.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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