📈 2023 Tempe AZ Housing Market Trends Report, Statistics and House Value
Here are 2023 Tempe AZ Housing Market Update and statistics for single family homes. Be sure to Contact Swee Ng Realtor®, 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 as 1/19/2024, provided by the FlexMLS system.
- 2023 number of new listings for homes for sale in Tempe has decreased about 31.8% from a year ago
- 2023 average sold price for single family home in Tempe is $565,634 and had decreased about 2.6% from 2022
- Median sold price in 2023 was $515,000, which is about 4.6% decreased from a year ago
- Almost all of single family home sold in Tempe in 2023 are regular sales
- 2023 Tempe most expansive home is sold for $4,000,000
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Tempe AZ 2023 Closed Sales Report Analysis
Based on 2023 statistics, we saw about 29.3% decreased in the number of single family homes sold in 2023 compared to a year ago. The statistics show that we have 805 single family homes sold in 2023 in Tempe AZ compared to 1,138 in 2022.
In 2023, we saw 53 days on Market (DOM), compare to 35 in 2022. It took average 53 days to get your Tempe home sold in 2023.
2023 Tempe Median Sold Price
2023 median sold price for single family home in Tempe is $515,000. Compare to a year ago, 2022 median sold price was $540,000. The median sold price for single family home in Tempe had decreased about 4.6% from a year ago.
Click here to view Homes for Sale in Tempe AZ Under $500,000
2023 Tempe AZ Average Sold Price
2023 Tempe average sold price for single family homes is $565,634. Compare to last year at $580,611, the average sold price has decreased about 2.6% from a year ago.
There are 34 million dollars homes sold in Tempe in 2023.
Click here to view Homes for Sale in Tempe AZ Under $575,000
2023 Tempe Average Sold Price Per Square Feet
2023 Tempe average sold price per square feet is $298.00 per square feet, compare to $306.00 a year ago.
Click here to view Homes for Sale in Tempe AZ Under $250 per square feet
2023 Tempe AZ Monthly Housing Market Report
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Tempe AZ Single Family Home Price 2000 -2023
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.
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.
Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.
If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.
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