Tempe AZ Real Estate Housing Market Trends Report November 2018, Statistics and House Value
Here are Tempe AZ housing market trends report and statistics for single family detached home for November 2018. 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 provided by the FlexMLS system.
- November 2018 new listing for homes for sale had decreased about 34.4% from a year ago
- November 2018 Average Sold Price for Single Family Home in Tempe is $366,987 and had increased about 18.6% from November 2017
- Median Sold Price in November 2018 was $319,000, which had increased about 8.9% from a year ago
- About 99% of single family home sold in Tempe in November 2018 are traditional sales
- November 2018 most expansive home sold in Tempe was sold for $1,074,100
You might be interested:
Phoenix Housing Market Tends Report November 2018
Ahwatukee Housing Market Tends Report November 2018
Chandler Housing Market Tends Report November 2018
Gilbert Housing Market Tends Report November 2018
Mesa Housing Market Tends Report November 2018
Tempe AZ November 2018 Closed Sales Report Analysis
Based on statistics, we saw about 6.1% decreased in the number of single family homes sold in November 2018 compared to a year ago. The statistics show that we had 93 residential single family homes sold in November 2018 in Tempe AZ compared to 99 in November 2017.
In November 2018, we saw 52 days on Market (DOM), compare to 57 in November 2017. It took average 52 days to get your Tempe home sold in November 2018.
November 2018 Tempe Median Sold Price for Single Family Homes
November 2018 median sold price for single family home in Tempe is $319,000. Compare to a year ago, November 2017 median sold price was $292,800. The median sold price for single family home in Tempe had appreciated about 8.9% from a year ago.
Click here to view Homes for Sale in Tempe AZ Under $315,000
Tempe AZ November 2018 Average Sold Price Analysis
November 2018 average sold price for single family homes in Tempe AZ is $366,987. Compare to last year November at $309,528, the average sold price has increased about 18.6% from a year ago.
Click here to view Homes for Sale in Tempe AZ Under $325,000
The price per square feet for November 2018 in Tempe is $183.00 per square feet.
Click here to view Homes for Sale in Tempe AZ Under $150 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.
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.
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.
November 2018 Housing Market Update by Tempe zipcode
| Tempe AZ Zipcode | Median Sold Price | Average Sold Price |
| Tempe AZ 85281 | $272,750 | $276,623 |
| Tempe AZ 85282 | $307,500 | $300,150 |
| Tempe AZ 85283 | $280,750 | $307,548 |
| Tempe AZ 85284 | $516,500 | $556,148 |
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
Open House Tempe AZ
Search and view your dream home your way
Receive email alert as soon as a Tempe property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.
