November 2016 Tempe AZ Housing Market Trends Report, House Value and Real Estate Listings
2016 November Tempe AZ Real Estate Market Highlight:
- Active listing (Inventory) had Decreased 12.0% from October 2016
- November 2016 Average Sold Price for Single Family Home in Tempe was $314,347 and that was about 3.3% Increased from October
- Median Sold Price in November 2016 was $269,900 and that’s 1.9 Decreased from October
- 97% Single Family Detached Homes sold in November 2016 are Traditional Sale
- Most expensive home sold in November 2016 in Tempe AZ was sold for $1,280,000 Click here to view
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Here are Tempe AZ Real Estate Single Family Detached Home statistics for November 2016. 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.
November 2016 Tempe AZ Closed Sales Report Analysis
We saw a 6.9% decreased in the number of homes sold in November 2016 compared to the prior month. The statistics show that we had 108 residential Single Family Detached Homes sold in November 2016 in Tempe AZ compared to 116 in October. This compares to only 81 closed sales in November of last year.
Based on statistic data, November 2016 Days on Market (DOM) is 64, which is same as previous month. It take about 64 days to get your Tempe AZ home sold in November 2016.
November 2016 Housing Market Trends Report by Tempe zipcode
| Tempe AZ Zipcode | Median Sold Price | Average Sold Price |
| Tempe AZ 85281 | $247,000 | $246,050 |
| Tempe AZ 85282 | $264,700 | $255,740 |
| Tempe AZ 85283 | $266,000 | $270,100 |
| Tempe AZ 85284 | $402,000 | $497,906 |
Tempe AZ November 2016 Average Sold Price Analysis
Average Sold Price for Single Family Detached Homes in November 2016 was $314,347. This Average Sold Price had increased about 3.3% from a month ago. Compare to November 2015 Average Sold Price $296,698, that was about 5.9% in appreciation from a year ago.
The average sold price per square feet in November 2016 was $161 per square feet. This compare to $155 per square feet in October and $155 per square feet from a year ago.
November 2016 Tempe AZ Median Sold Price Analysis
Median Sold Price for Single Family Detached Homes in November 2016 in Tempe AZ was $269,900. This median sold price had decreased about 1.9% from a month ago. Compare to November 2015 Median Sold Price $265,000, that about 1.8% appreciation from a year ago.
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 todays 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
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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