Tempe

Why you'd want to live in Tempe

Tempe is a vibrant urban Metropolitan city that has its unique features. Tempe’s a fun area that hosts family-friendly events and is most commonly known to be the home of Arizona State University. Tempe has an amazing community that shares an active lifestyle but also enjoys its leisure activities. The Tempe Center for the Arts holds concerts and dance performances. Tempe Town Lake is nearby and it offers kayaking and paddle boating. This area also hosts outdoor events & festivals that are perfect for the family. There are sporting events and spectacular concerts that are held at the popular Wells Fargo Arena right next door. Tempe is bordered by downtown Phoenix to the West, Chandler on the South, Scottsdale to the North, and Mesa on the East. This amazing city offers a diverse culture with endless exploration and excitement. The average price for a home here in 2016 was around $272,318, with the average rent price set at about $1,092. Pick up a Bank Owned property, Short Sale property, or just a good buy on a traditional sale in Tempe today! Let Kelly Cook and the Kelly Cook Real Estate Group assist you in your Tempe real estate search. We represent both sellers and buyers for all homes in this area! From a basic, single-story property to a custom estate, trust the Kelly Cook Real Estate Group to ensure your end goals are met.

Tempe Market Report

$590,572

AVERAGE PRICE OF 427 HOMES

$1,960,242

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$681,292

AVERAGE PRICE OF 126 HOMES WITH A POOL

$540,248

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $590,572
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $241,241
2 bedrooms $347,172
3 bedrooms $492,639
4 bedrooms $666,201
5 bedrooms $932,877
Tempe Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 423 373 343 335 330
Average Price $591,087 $597,817 $594,638 $599,442 $595,083
Avg Price Change -1.14% +0.53% -0.81% +0.73% +7.15%
Median Price $525,233 $524,663 $523,688 $500,245 $496,130
Med Price Change +0.11% +0.19% +4.69% +0.83% +0.77%
Avg Bedrooms 2.8 beds 2.78 beds 2.82 beds 2.82 beds 2.85 beds
Avg Bathrooms 2.09 baths 2.1 baths 2.07 baths 2.03 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 122 $498,787 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 427 $590,572 55 days
Multi-Million Dollar Homes 31 $1,960,242 93 days
Newly Built Homes 1 $930,000 92 days
Homes with a Pool 126 $681,292 47 days
Reduced Price Homes 45 $540,248 51 days
YOUR ONE STOP REAL ESTATE SOURCE
Kelly Cook
14201 N Hayden Rd
Scottsdale, AZ 85260

© 2024 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Kelly Cook - Real Broker are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. June 21, 2024
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