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June 2019 Tempe AZ Housing Market Trends Report

Tempe AZ Real Estate Housing Market Update

June 2019 Tempe AZ Real Estate Housing Market Update, Statistics and House Value

Here are June 2019 Tempe AZ Housing Market Trends Report and statistics for single family detached home for June 2019. 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.

June 2019 Tempe AZ Housing Market Trends Report Highlights:
  • June 2019 new listing for homes for sale had decreased about 17.2% from a year ago
  • June 2019 Average Sold Price for Single Family Home in Tempe is $388,256 and had increased about 9.5% from June 2018
  • Median Sold Price in June 2019 was $350,000, which had increased about 7.4% from a year ago
  • About all of single family home sold in Tempe in June 2019 are traditional sales
  • June 2019 most expansive home sold in Tempe was sold for $1,725,000

June 2019 Tempe AZ Housing Market Update by Swee Ng, Real Estate and House Value

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June 2019 Gilbert Housing Market Tends Report
June 2019 Mesa Housing Market Tends Report

Tempe AZ June 2019 Closed Sales Report Analysis

Based on statistics, we saw about 11.2% increased in the number of single family homes sold in June 2019 compared to a year ago. The statistics show that we had 127 single family homes sold in June 2019 in Tempe AZ compared to 143 in June 2018.

In June 2019, we saw 55 days on Market (DOM), compare to 43 in June 2018. It took average 55 days to get your Tempe home sold in June 2018.

June 2019 Tempe Median Sold Price for Single Family Homes

June 2019 median sold price for single family home in Tempe is $350,000. Compare to a year ago, June 2018 median sold price was $326,000. The median sold price for single family home in Tempe had appreciated about 7.4% from a year ago.

June 2019 Tempe Median Sold Price was $350,000
Click here to view Homes for Sale in Tempe AZ Under $325,000

Tempe AZ June 2019 Average Sold Price Analysis

June 2019 average sold price for single family homes in Tempe AZ is $388,256. Compare to last year June at $354,603, the average sold price has increased about 9.5% from a year ago.

There are two million dollar listings homes sold in June 2019 in Tempe AZ.

June 2019 Tempe Average Sold Price was $388,256
Click here to view Homes for Sale in Tempe AZ Under $375,000

June 2018 Average Sold Price Per Square Feet

The price per square feet for June 2019 in Tempe is $193.00 per square feet.

June 2019 Tempe Average Sold Price per square feet was $193
Click here to view Homes for Sale in Tempe AZ Under $150 per square feet

Understanding the general direction of the Tempe AZ housing market conditions and home prices is vital importance to both buyers and sellers. These information help you make a more informed decision when buying or selling a home in Tempe AZ.

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.

Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

June 2019 Housing Market Update by Tempe zipcode

Tempe AZ ZipcodeMedian Sold PriceAverage Sold Price
Tempe AZ 85281$335,000$319,746
Tempe AZ 85282$314,000$316,594
Tempe AZ 85283$330,000$372,900
Tempe AZ 85284$464,250$521,855

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.

What My Tempe House is Worth Today?

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.


New Listings in Last 24 Hours Tempe AZ

Homes for Sale Tempe
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
Single Story HomesHomes with Pool
Homes in Gated CommunityHomes with Guest House
Just Reduce Priced HomesRecently Sold Homes

Contact Swee Ng, Tempe Real Estate Agent, Realtor in Tempe AZ

Open House Tempe AZ

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We would love the opportunity to help you for your real estate needs in Phoenix area! ☎️ Call or 📱 text us at 480-721-6253 today.

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Summary
Article Name
June 2019 Tempe AZ Housing Market Trends Report
Description
June 2019 Tempe AZ Housing Market Trends Report, Statistics and House Value. Median Sold Price for single family homes in June 2019 was $350,000, which had increased about 7.4% 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: 2019, 85281, 85282, 85283, 85284, Average Sold Price, Home Price, House Value, Infographic, Inventory Trends, Market Statistics, Market Trends, Median Sold Price, Tempe

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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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