Clear Title Agency of Arizona

Tempe, AZ

Single-Family Homes

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Tempe, AZ

Mon Jun 30 2025
This week the median list price for Tempe, AZ is $570,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 255. Click here to stay informed with the Tempe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Tempe, AZ

Mon Jun 30 2025
This week the median list price for Tempe, AZ is $570,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 255. Click here to stay informed with the Tempe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Tempe market.
Median List Price $570,000
Median Price of New Listings $482,500
Per Square Foot $322
Average Days on Market 69
Median Days on Market 49
Price Decreased 55%
Price Increased 0%
Relisted 2%
Inventory 255
Median Rent
Market Action 40
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$835,000 2,527 8,000 - 10,000 sqft 4 3 42 3 5 56
$605,000 2,003 8,000 - 10,000 sqft 4 2 51 4 12 59
$519,950 1,647 6,500 - 8,000 sqft 3 2 57 6 8 42
$409,900 1,260 6,500 - 8,000 sqft 3 2 52 17 5 35