Market report, updated

Market Report

Search in the city of Tempe

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Report prepared by Levendirealty.com Pro Star Realty
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Market at a glance

Over the last 6 months, homes sold for 97.1% of list price in 70 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $545K Sold · $532K
$650K$590K$530K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 148 sales in Apr. Last month: 78.

Where the market stands

All homes in this report, by status.

1,344homes
Active562 · 42%
Under contract99 · 7%
Sold (6 mo)683 · 51%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$514K
Under contract$639K
Sold$522K

Average days on market

Active95 days
Under contract58 days
Sold70 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 562
Average list price $513,694
Avg. days on market 95 days
Avg. price per ft² $308
Avg. living area 1,595 ft²
Avg. beds / baths 3.0 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 239 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

19 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

140 E Rio Salado Parkway Unit 1201$1,044
140 E Rio Salado Parkway Unit 1103$984
140 E Rio Salado Parkway Unit 1101$900
815 S Roosevelt Street$686
410 E Southern Avenue$590
12245 S 70th Street$511
1948 E Pegasus Drive$506

All active listings (562)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1632 E Manhatton Drive Unit 588Tempe, AZ 85282 422,404$650,000$2700 days
1144 W Courtney LaneTempe, AZ 85284 321,808$629,999$3480 days
2401 E Rio Salado Parkway Unit 1131Tempe, AZ 85288 231,105$365,000$3300 days
1040 W Chilton DriveTempe, AZ 85283 221,245$445,000$3570 days
1529 E Edgewater DriveTempe, AZ 85283 432,144$575,000$2680 days
233 E Cairo DriveTempe, AZ 85282 422,146$495,000$2300 days
616 S Hardy Drive Unit 101Tempe, AZ 85281 22779$260,000$3330 days
2105 N Squire AvenueTempe, AZ 85288 321,472$465,000$3150 days
1136 W Auburn DriveTempe, AZ 85283 532,606$575,000$2201 day
563 E Krista WayTempe, AZ 85284 532,763$770,000$2781 day
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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.