The median sales price for homes in Tempe AZ for Aug 09 to Oct 09 was $175,000. This represents an increase of 1.4%, or $2,500, compared to the prior quarter and a decrease of 14% compared to the prior year. Sales prices have appreciated 1.4% over the last 5 years in Tempe.
The average listing price for Tempe homes for sale on Trulia was $301,735 for the week ending Nov 10, which represents an increase of 1%, or $3,053, compared to the prior week and a decline of 2.3%, or $7,017, compared to the week ending Oct 20. Average price per square foot for Tempe AZ was $138, a decrease of 2.8% compared to the same period last year. Popular neighborhoods in Tempe include Sunset, Superstition, Dava-Lakeshore, Optimist Park NE, Estate La Colina, and Mitchell Park East.