📈 2021 May Tempe AZ Housing Market Trends Report, Statistics and House Value
Here are May 2021 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 6/2/2021, provided by the FlexMLS system.
- Number of new listings for homes for sale have decreased about 2.9% from a year ago
- May 2021 average sold price for single family home in Tempe is $503,502 and had increased about 28.6% from May 2020
- Median sold price in May 2021 was $465,000, which had increased about 27.4% from a year ago
- Almost all of single family home sold in Tempe in May 2021 are regular sales
- May 2021 most expansive home sold in Tempe was sold for $1,100,000
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Based on May 2021 statistics, we saw about 36.6% increased in the number of single family homes sold in May 2021 compared to a year ago. The statistics show that we had 127 single family homes sold in May 2021 in Tempe AZ compared to 93 in May 2020.
In May 2021, we saw 22 days on Market (DOM), compare to 40 in May 2020. It took average 22 days to get your Tempe home sold in May 2021.
May 2021 Tempe Median Sold Price
May 2021 median sold price for single family home in Tempe is $465,000. Compare to a year ago, May 2020 median sold price was $364,900. The median sold price for single family home in Tempe had appreciated about 27.4% from a year ago.
Click here to view Homes for Sale in Tempe AZ Under $450,000
Tempe AZ May 2021 Average Sold Price
May 2021 average sold price for single family homes in Tempe AZ is $503,502. Compare to last year May at $391,637, the average sold price has increased about 28.6% from a year ago.
There are 2 million dollars homes sold in Tempe in May 2021.
Click here to view Homes for Sale in Tempe AZ Under $500,000
May 2021 Average Sold Price Per Square Feet
The average sold price per square feet for May 2021 in Tempe is $265 per square feet, compare to $206 a year ago.
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.
May 2021 Housing Market Update by Tempe zip code
| Tempe AZ zip code | Median Sold Price | Average Sold Price |
| Tempe AZ 85281 | $475,900 | $487,570 |
| Tempe AZ 85282 | $465,000 | $470,478 |
| Tempe AZ 85283 | $436,500 | $486,017 |
| Tempe AZ 85284 | $612,500 | $598,323 |
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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.
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.
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