Tempe, AZ Real Estate Market Summary – September 7, 2026
In Tempe, AZ, the overall real estate market has seen 109 homes sold in the last 30 days, with an average sale price of $498,037. The homes had an average of 16 days on the market before selling.
| Metric | 30 Days |
|---|---|
| Number Sold | 109 |
| Sold Per Day | 3.63 |
| Average SQFT | 1705 |
| Median Sales Price | $455,000 |
| Average Sales Price | $498,037 |
| Average Price Per SQFT | $290 |
| Average Days on Market | 16 |
| Average Year Built | 1977 |
Tempe, AZ Single Family Home Analysis
For single-family homes, 79 properties were sold, with an average price of $536,973. On average, these homes were on the market for about 16 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 79 |
| Sold Per Day | 2.63 |
| Average SQFT | 1803 |
| Median Sales Price | $499,000 |
| Average Sales Price | $536,973 |
| Average Price Per SQFT | $298 |
| Average Days on Market | 16 |
| Average Year Built | 1974 |
Tempe, AZ Condo & Townhome Analysis
The condo and townhome segment had 29 transactions, with an average sale price of $364,314. These units typically spent around 16 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 29 |
| Sold Per Day | 1 every 1.03 days |
| Average SQFT | 1347 |
| Median Sales Price | $350,000 |
| Average Sales Price | $364,314 |
| Average Price Per SQFT | $268 |
| Average Days on Market | 16 |
| Average Year Built | 1987 |
Buyer & Seller Analysis
- Average sale price in Tempe is $498,037.
- Homes were on the market for an average of 16 days before selling.
- Single-family homes had an average sale price of $536,973.
- Condo and townhomes averaged $364,314 in sales price.
Conclusion
Overall, the real estate market in Tempe shows a consistent pace with an average of 3.63 homes sold per day. The market dynamics indicate stable activity in both single-family homes and condo/townhome segments.