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Tempe Market Report

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Market at a glance

Over the last 6 months, homes sold for 97.1% of list price in 69 days on average.

Average price, last 12 months

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

List · $536K Sold · $520K
$650K$590K$530K$470K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 148 sales in Apr. Last month: 104.

Where the market stands

All homes in this report, by status.

1,358homes
Active571 · 42%
Under contract95 · 7%
Sold (6 mo)692 · 51%

Buyer's or seller's market?

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

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$525K
Under contract$627K
Sold$522K

Average days on market

Active92 days
Under contract57 days
Sold69 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 571
Average list price $525,079
Avg. days on market 92 days
Avg. price per ft² $310
Avg. living area 1,617 ft²
Avg. beds / baths 2.9 / 2.2

Charts and listings below cover the 250 highest-priced of 571 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

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

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

$3M$2M$1M$0

Price vs. living area: 221 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.

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

Highest price per ft²

Top 7 homes in this status.

2214 S Granada Drive Unit B$2,307
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
140 E Rio Salado Parkway Unit 1205$886
421 W 5th Street$790
815 S Roosevelt Street$686

Active listings (250 of 571)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
140 E Rio Salado Parkway Unit 1205Tempe, AZ 85281 345,186$4,595,000$886373 days
140 E Rio Salado Parkway Unit 1201Tempe, AZ 85281 453,783$3,950,000$1,04416 days
12245 S 70th StreetTempe, AZ 85284 566,449$3,299,900$51110 days
3345 S Rural RoadTempe, AZ 85282 ——9,810$3,040,000$309144 days
140 E Rio Salado Parkway Unit 1103Tempe, AZ 85281 332,945$2,900,000$98416 days
1001 E Caroline LaneTempe, AZ 85284 689,031$2,899,000$32124 days
530 W Broadway RoadTempe, AZ 85282 ——8,119$2,450,000$3011 day
2002 E Caroline LaneTempe, AZ 85284 534,400$1,999,000$454188 days
63 W 13th Street Unit 63 & 69Tempe, AZ 85281 ———$1,950,000—19 days
2205 S Mill AvenueTempe, AZ 85282 118—$1,899,000—27 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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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.