2017 February Tempe AZ Real Estate Market Trends Report
2017 February Tempe AZ Real Estate Market Trends Report, House Value and Stats
- Active listing (Inventory) had Decreased 3.8% from January 2017
- February 2017 Average Sold Price for Single Family Home in Tempe was $289,419 and that was about 9.3% Decreased from January
- Median Sold Price in February 2017 was $259,500 and that’s about 6.0 Decreased from a month ago
- 98% Single Family Detached Homes sold in February 2017 are Traditional Sale
- Most expensive home sold in February 2017 in Tempe AZ was sold for $537,000 Click here to view
Here are Tempe AZ Real Estate – Single Family Detached Home statistics for February 2017. 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.
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February 2017 Tempe AZ Closed Sales Report Analysis
We saw about 10.0% decreased in the number of homes sold in February 2017 compared to the prior month. The statistics show that we had 99 residential Single Family Detached Homes sold in February 2017 in Tempe AZ compared to 110 in January. This compares to only 90 closed sales in February of last year.
Based on statistic data, February 2017 Days on Market (DOM) is 75, compare to 81 in previous month. It take about 75 days to get your Tempe AZ home sold in February 2017.
Median Sold Price for Single Family Detached Homes in February 2017 in Tempe AZ was $259,500. This median sold price had decreased about 6.0% from a month ago. Compare to February 2016 Median Sold Price $242,000, that about 7.2% appreciation from a year ago.
Average Sold Price for Single Family Detached Homes in February 2017 was $289,419. This Average Sold Price had decreased about 9.3% from January. Compare to February 2016 Average Sold Price $272,072, that was about 6.4% in appreciation from a year ago.
Based on statistics data, we can see that Buyers today are paying more to buy a house from a year ago.
February 2017 Housing Market Trends Report by Tempe zipcode
| Tempe AZ Zipcode | Median Sold Price | Average Sold Price |
| Tempe AZ 85281 | $259,000 | $245,870 |
| Tempe AZ 85282 | $270,000 | $276,582 |
| Tempe AZ 85283 | $245,000 | $252,568 |
| Tempe AZ 85284 | $427,250 | $396,636 |
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.
Selling Your Home in Tempe AZ
Contact Us or call Swee Ng, Tempe Real Estate Agent at 480.721.6253 today to discuss your potential Tempe AZ House Value 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.
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Tempe AZ New Listing Homes for Sale
Homes for Sale in Tempe AZ by Price Range
- Homes for Sale Under $100,000
- Homes for Sale $100,000 – $150,000
- Homes for Sale $150,000 – $200,000
- Homes for Sale $200,000 – $250,000
- Homes for Sale $250,000 – $300,000
- Homes for Sale $300,000 – $350,000
- Homes for Sale $350,000 – $400,000
- Homes for Sale $400,000 – $450,000
- Homes for Sale $450,000 – $500,000
- Homes for Sale $500,000 – $550,000
- Luxury Homes for Sale $550,000 – $600,000
- Luxury Homes for Sale $600,000 – $700,000
- Luxury Homes for Sale $700,000 – $800,000
- Luxury Homes for Sale $800,000 – $900,000
- Luxury Homes for Sale $900,000 – $1,000,000
- Luxury Homes for Sale Over $1,000,000
Homes For Sale by features Tempe AZ
- Just Listed Homes in Last 2 Days
- Homes with Private Pool
- Single Level Homes
- Homes with 3 Car Garage
- Two Level Homes
- Homes with NO HOA
- Homes with Community Pool
- Homes in Gated Community
- Homes with Fireplace
- Homes with Guest House
- Homes with RV Gate
- Horse Properties for Sale
- Homes with Basement
- Homes in Corner Lot
- Homes in Cul-De-Sac
- Homes with Golf Course Lot
- Homes with Mountain Vie
- Homes with North/South Exposure
- Homes with 9+ft Ceilings
- Homes with Vaulted Ceilings
- Homes with Other Bedrooms Downstairs
- Homes with Loft
- Waterfront Homes for Sale
- Bank Owned Properties Real Estate Listings
- Short Sale Real Estate Listings
Real Estate Listings & Homes for Sale by Tempe AZ zipcode:
- Homes for Sale Tempe AZ 85281
- Homes for Sale Tempe AZ 85282
- Homes for Sale Tempe AZ 85283
- Homes for Sale Tempe AZ 85284
Open House in Tempe
If you are looking to buy or sell your home in Tempe AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.
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