Tempe, Arizona Real Estate Market Trends

Average Listing Price

$299,039  (down -$2.872 1%)

Median Sales Price

$175,000 (down $28,500 14%)

Most popular neighborhoods:

Optimist Park NE

Avg Listing Price: $222,063

Optimist Park SE

Avg Listing Price: $305,712

Dava-Lakshore

Avg Listing Price: $205,451

Sunset

Avg Listing Price: $136,135

NTNA – West Rio  

Avg Listing Price: $125,557

Tempe Summary:

Average price per square foot for Tempe AZ was $140, a decrease of 1.4% compared to the same period last year. The median sales price for homes in Tempe AZ for Aug 09 to Oct 09 was $175,000 based on 515 home sales. Compared to the same period one year ago, the median home sales price decreased 14%, or $28,500, and the number of home sales increased 16.8%.

Schools in Tempe:

Tempe Elementary School District 3 (Public PK-8) 24 Schools Students: 13,234

Tempe Union High School District 213  (Public 9-12)  9 Schools   Students: 13,787

Getz School (Public)

Tempe Preparatory Academy (Public) 6-12

Pinnacle Charter H.S. – Nogales (Public) 9-12

Community Info for Tempe:

Information courtesy of Trulia.com

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