Tempe, AZ
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

SELLER'S MARKET

WHY IS IT A SELLER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is HIGH in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

65

SINGLE FAMILY HOMES

Condos

6

CONDOS

Townhouses

22

TOWNHOUSES

MEANWHILE...

50

HOMES LISTED

1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$300k
$5k
$245k$282k$320kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
3Homes
1-3
MONTHS
64Homes
OVER
3 MONTHS
29Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

62
DAYS
12%
5356596265NovOctSepAugJulJun

And finally...What's the hottest street in

Tempe

s dorsey ln

NEARBY REAL ESTATE TRENDS

For November 2016, Tempe, AZ has been a seller's Market - demand in this city is high. The inventory of homes for sale in Tempe, AZ was 363 and 96 homes were sold.