📈 2021 May Tempe AZ Housing Market Trends Report, Statistics and House Value

Here are May 2021 Tempe AZ Housing Market Update and statistics for single family homes. 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 as 6/2/2021, provided by the FlexMLS system.

May 2021 Tempe AZ Housing Market Update Highlights:

Number of new listings for homes for sale have decreased about 2.9% from a year ago
May 2021 average sold price for single family home in Tempe is $503,502 and had increased about 28.6% from May 2020
Median sold price in May 2021 was $465,000, which had increased about 27.4% from a year ago
Almost all of single family home sold in Tempe in May 2021 are regular sales
May 2021 most expansive home sold in Tempe was sold for $1,100,000

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Tempe AZ May 2021 Closed Sales Report Analysis
Based on May 2021 statistics, we saw about 36.6% increased in the number of single family homes sold in May 2021 compared to a year ago. The statistics show that we had 127 single family homes sold in May 2021 in Tempe AZ compared to 93 in May 2020.

In May 2021, we saw 22 days on Market (DOM), compare to 40 in May 2020. It took average 22 days to get your Tempe home sold in May 2021.

May 2021 Tempe Median Sold Price
May 2021 median sold price for single family home in Tempe is $465,000. Compare to a year ago, May 2020 median sold price was $364,900. The median sold price for single family home in Tempe had appreciated about 27.4% from a year ago.

May 2021 Tempe Median Sold Price was $465,000
Click here to view Homes for Sale in Tempe AZ Under $450,000
Tempe AZ May 2021 Average Sold Price
May 2021 average sold price for single family homes in Tempe AZ is $503,502. Compare to last year May at $391,637, the average sold price has increased about 28.6% from a year ago.

There are 2 million dollars homes sold in Tempe in May 2021.

May 2021 Tempe Average Sold Price was $503,302
Click here to view Homes for Sale in Tempe AZ Under $500,000
May 2021 Average Sold Price Per Square Feet
The average sold price per square feet for May 2021 in Tempe is $265 per square feet, compare to $206 a year ago.

May 2021 Tempe Average Sold Price per square feet was $265
Click here to view Homes for Sale in Tempe AZ Under $150 per square feet
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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