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

Here are July 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 8/2/2021, provided by the FlexMLS system.

July 2021 Tempe AZ Housing Market Update Highlights:

Number of new listings for homes for sale have decreased about 10.4% from a year ago
July 2021 average sold price for single family home in Tempe is $516,850 and had increased about 21.9% from July 2020
Median sold price in July 2021 was $475,000, which had increased about 25.0% from a year ago
Almost all of single family home sold in Tempe in July 2021 are regular sales
July 2021 most expansive home sold in Tempe was sold for $1,860,000

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Tempe AZ July 2021 Closed Sales Report Analysis
Based on July 2021 statistics, we saw about 12.1% decreased in the number of single family homes sold in July 2021 compared to a year ago. The statistics show that we had 131 single family homes sold in July 2021 in Tempe AZ compared to 149 in July 2020.

In July 2021, we saw 22 days on Market (DOM), compare to 42 in July 2020. It took average 22 days to get your Tempe home sold in July 2021.

July 2021 Tempe Median Sold Price
July 2021 median sold price for single family home in Tempe is $475,000. Compare to a year ago, July 2020 median sold price was $380,000. The median sold price for single family home in Tempe had appreciated about 25.0% from a year ago.

July 2021 Tempe Median Sold Price was $475,000
Click here to view Homes for Sale in Tempe AZ Under $450,000
Tempe AZ July 2021 Average Sold Price
July 2021 average sold price for single family homes in Tempe AZ is $516,850. Compare to last year July at $424,111, the average sold price has increased about 21.9% from a year ago.

There are 4 million dollars homes sold in Tempe in July 2021.

July 2021 Tempe Average Sold Price was $516,850
Click here to view Homes for Sale in Tempe AZ Under $500,000
July 2021 Average Sold Price Per Square Feet
The average sold price per square feet for July 2021 in Tempe is $272.00 per square feet, compare to $219 a year ago.

July 2021 Tempe Average Sold Price per square feet was $272
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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