First Integrity Title Market Report

Tempe, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Tempe, AZ

Sun Oct 11 2026
This week the median list price for Tempe, AZ is $331,500 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 181. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Tempe, AZ

Sun Oct 11 2026
This week the median list price for Tempe, AZ is $331,500 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 181. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Tempe market.
Median List Price $331,500
Median Price of New Listings $350,000
Per Square Foot $301
Average Days on Market 101
Median Days on Market 77
Price Decreased 55%
Price Increased 1%
Relisted 6%
Inventory 181
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$487,400 1,608 0 - 4,500 sqft 2 2 19 3 6 105
$355,000 1,217 0 - 4,500 sqft 2 2 38 1 2 77
$299,900 1,083 0 - 4,500 sqft 2 2 42 2 4 105
$259,000 850 0 - 4,500 sqft 2 1.5 42 1 2 49