August 2019 Tempe AZ Real Estate Housing Market Update, Statistics and House Value

Here are August 2019 Tempe AZ Housing Market Trends Report and statistics for single family detached home for August 2019. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Tempe AZ provided by the FlexMLS system.

August 2019 Tempe AZ Housing Market Highlights

August 2019 new listing for homes for sale had decreased about 29.0% from a year ago
August 2019 Average Sold Price for Single Family Home in Tempe is $361,338 and had increased about 6.6% from August 2018
Median Sold Price in August 2019 was $335,000, which had increased about 9.8% from a year ago
About 98% of single family home sold in Tempe in August 2019 are traditional sales
August 2019 most expansive home sold in Tempe was sold for $1,425,000

August 2019 Tempe AZ Housing Market Update by Swee Ng, Real Estate and House Value

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Tempe AZ August 2019 Closed Sales Report Analysis
Based on statistics, we saw about 13.5% increased in the number of single family homes sold in August 2019 compared to a year ago. The statistics show that we had 143 single family homes sold in August 2019 in Tempe AZ compared to 126 in August 2018.

In August 2019, we saw 46 days on Market (DOM), compare to 54 in August 2018. It took average 46 days to get your Tempe home sold in August 2019.

August 2019 Tempe Median Sold Price for Single Family Homes
August 2019 median sold price for single family home in Tempe is $335,000. Compare to a year ago, August 2018 median sold price was $305,000. The median sold price for single family home in Tempe had appreciated about 9.8% from a year ago.

August 2019 Tempe Median Sold Price was $335,000
Click here to view Homes for Sale in Tempe AZ Under $325,000
Tempe AZ August 2019 Average Sold Price Analysis
August 2019 average sold price for single family homes in Tempe AZ is $361,338. Compare to last year August at $339,111, the average sold price has increased about 6.6% from a year ago.

August 2019 Tempe Average Sold Price was $361,338
Click here to view Homes for Sale in Tempe AZ Under $350,000
August 2018 Average Sold Price Per Square Feet
The price per square feet for August 2019 in Tempe is $193.00 per square feet.

August 2019 Tempe Average Sold Price per square feet was $193
Click here to view Homes for Sale in Tempe AZ Under $150 per square feet

August 2019 Housing Market Update by Tempe zipcode

Tempe AZ Zipcode	Median Sold Price	Average Sold Price
Tempe AZ 85281	$308,500	$307,608
Tempe AZ 85282	$327,600	$334,617
Tempe AZ 85283	$325,000	$349,361
Tempe AZ 85284	$427,500	$493,808

Wondering how much house you can afford?
Click here to access housing mortgage payment calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Tempe AZ
Contact or call Swee Ng at 480.721.6253 today to discuss your potential Tempe AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today's market.

What My Tempe House is Worth Today?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

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