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April 2017 Tempe AZ Housing Market Trends Report

April 2017 Tempe AZ Housing Market Trends Report and House Value

2017 April Tempe AZ Real Estate Market Highlight:
  • Active listing (Inventory) had Increased 2.4% from a month ago
  • April 2017 Average Sold Price for Single Family Home in Tempe was $312,247 and that was about 2.5% Decreased from March
  • Median Sold Price in April 2017 was $290,000 and had Increased about 3.6% from a month ago
  • 99% Single Family Detached Homes sold in April 2017 are Traditional Sale
  • Most expensive home sold in April 2017 in Tempe AZ was sold for $910,000 Click here to view
Tempe AZ April 2017 Housing Market Trends Report by Swee Ng, House Value and Real Estate Listings

Here are Tempe AZ Real Estate – Single Family Detached Home statistics for April 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.

Also read:
Phoenix AZ April 2017 Housing Market Trends Report
Ahwatukee April 2017 Housing Market Trends Report
Chandler AZ April 2017 Housing Market Trends Report
Gilbert AZ April 2017 Housing Market Trends Report
Mesa AZ April 2017 Housing Market Trends Report

April 2017 Tempe AZ Closed Sales Report Analysis
We saw about 2.0% decreased in the number of homes sold in April 2017 compared to the prior month. The statistics show that we had 148 residential Single Family Detached Homes sold in April 2017 in Tempe AZ compared to 151 in March. This compares to only 129 closed sales in April of last year.

Based on statistic data, April 2017 Days on Market (DOM) is 62 which are same as previous month. It take about 62 days to get your Tempe AZ home sold in April 2017.

April 2017 Tempe AZ Median Sold Price Analysis
Median Sold Price for Single Family Detached Homes in April 2017 in Tempe AZ was $290,000. This median sold price had increased about 3.6% from a month ago. Compare to April 2016 Median Sold Price $275,000, that about 5.5% appreciation from a year ago.

April 2017 Tempe Median Sold Price for was $290,000. Click here to view Tempe Homes for Sale Under $285,000
Tempe AZ April 2017 Average Sold Price Analysis
Average Sold Price for Single Family Detached Homes in April 2017 was $312,247. Compare to previous month at $320,272, the Average Sold Price had decreased about 2.5%. Compare to a year ago, April 2016 Average Sold Price was $316,171, that was about decreased 1.2% from a year ago.

2017 April Tempe Average Sold Price for was $312,247. Click here to view Tempe Homes for Sale Under $300,000
The average sold price per square feet in April 2017 was $165 per square feet compare to $167 per square feet in previous month. A year ago, the average sold price per square feet was $155.

Based on statistics data, we can see that Buyers today are paying more to buy a house from a year ago.

April 2017 Housing Market Trends Report by Tempe zipcode

Tempe AZ ZipcodeMedian Sold PriceAverage Sold Price
Tempe AZ 85281$253,500$258,500
Tempe AZ 85282$280,000$278,419
Tempe AZ 85283$265,000$281,442
Tempe AZ 85284$382,000$411,164

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 the Mortgage House 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 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.

What’s My Tempe AZ Home Worth?
Enter your home address below to Find Out Your Tempe Home Price Instantly

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

Swee Ng, Realtor 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 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.

Contact Swee Ng, Tempe Real Estate Agent, Realtor in Tempe AZ
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Summary
Article Name
April 2017 Tempe AZ Housing Market Trends Report
Description
Median Sold Price for Single Family Detached Homes in April 2017 in Tempe AZ was $290,000. Compare to April 2016 Median Sold Price $275,000, that about 5.5% appreciation from a year ago.
Author
Swee Ng
Publisher Name
Swee Ng Realtor® with HomeSmart
Publisher Logo
Swee Ng Realtor® with HomeSmart

Posted in: Market Trends, Tempe Tagged: 2017, 85281, 85282, 85283, 85284, Average Sold Price, Home Price, House Value, Infographic, Inventory Trends, Market Statistics, Market Trends, Median Sold Price, Price Trends, Tempe

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About

Swee Ng Realtor in Phoenix AZMy commitment to my clients is to ensure your home buying or selling experience are the most rewarding, most cost & time efficient and as stress free process as possible, while maintaining a professional and ethical business.

Swee Ng
480.721.6253
sweeng.re@gmail.com

2680 S Val Vista Dr #101, Gilbert AZ 85295

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Disclosure:

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Real Estate include the name of the listing broker. Neither the listing company nor Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Information contained herein is deemed reliable but not guaranteed.

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