The latest market statistics for Tempe real estate are represented in the graphs below:
Absorption Rate
- 0.76,0.86,1.08,1.09,1.12,1.11,0.99,0.81,0.63,0.61,0.61,0.74
Information is deemed to be reliable, but is not guaranteed. © 2022
The Absorption Rate is the rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the total number of available homes by the average number of sales per month. The figure shows how many months it will take to exhaust the supply of homes on the market. A high absorption rate may indicate that the supply of available homes will shrink rapidly, increasing the odds that a homeowner will sell a piece of property in a shorter period of time.
Inventory
- 160,184,232,230,237,236,209,172,133,128,128,151
- 243,265,253,265,241,210,179,148,160,167,201,227
- 232,198,221,227,222,203,183,167,161,180,171,162
- 206,240,215,220,215,216,201,198,172,160,185,175
Information is deemed to be reliable, but is not guaranteed. © 2022
Median Prices
- 472450.00,459950.00,466500.00,459450.00,470000.00,475000.00,499000.00,491450.00,509900.00,514500.00,511000.00,498000.00
- 420000.00,425000.00,404500.00,435000.00,457000.00,440000.00,475000.00,449999.50,466500.00,499900.00,479000.00,515000.00
- 399900.00,419500.00,419950.00,419900.00,437000.00,419000.00,459900.00,449500.00,489900.00,475000.00,510000.00,488500.00
- 415000.00,399900.00,420000.00,414280.50,419900.00,449350.00,419000.00,450000.00,449749.50,479900.00,490000.00,515000.00
- 425000.00,415000.00,421580.00,426644.50,421000.00,444800.00,420000.00,450500.00,454500.00,475000.00,495000.00,521800.00
Information is deemed to be reliable, but is not guaranteed. © 2022
Sale to Original List Price Ratio
- 102.6,103.2,102.1,101.4,99.7,99.7,99.2,98.5,99.4,101.3,102.7,103.2
- 102.5,103.4,101.9,101.5,100.9,100.7,100.3,99.8,100.5,101.5,102.4,102.7
Information is deemed to be reliable, but is not guaranteed. © 2022
Sold - Days on Market (DOM)
- 21.8,20.8,23.3,24.5,27.1,34.0,37.8,41.7,37.8,31.0,35.0,21.9
Information is deemed to be reliable, but is not guaranteed. © 2022