First Integrity Title Market Report

Tempe, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Tempe, AZ

Wed Jul 09 2025
This week the median list price for Tempe, AZ is $359,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 136. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tempe, AZ

Wed Jul 09 2025
This week the median list price for Tempe, AZ is $359,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 136. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tempe market.
Median List Price $359,000
Median Price of New Listings $320,750
Per Square Foot $297
Average Days on Market 101
Median Days on Market 67
Price Decreased 43%
Price Increased 1%
Relisted 4%
Inventory 136
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$509,500 1,472 0 - 4,500 sqft 2 2 21 1 0 87
$389,450 1,128 0 - 4,500 sqft 2 2.3 38 3 3 38
$321,250 1,140 0 - 4,500 sqft 2 2 46 4 7 49
$265,000 910 0 - 4,500 sqft 2 1 41 4 3 108