University Estates, Tempe Homes For Sale & Real Estate

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University Estates Real Estate Insights

University Estates is a neighborhood located in Tempe, Arizona.

Public data shows that University Estates is a safe location. This locale is served by an impressive variety of public transportation services which many residents use to get to work. Around University Estates you will notice a lot of people biking to work, and when you see how packed the roads usually are, you might give biking a go yourself!

A relatively high number of University Estates's residents have completed a college education before moving on to find work here. This locale is a great place for singles to meet and mingle, since a very low percentage of residents are married.

With an average listing price of $430,000, home prices in University Estates dropped by 2.8 percent this year, but the marginal decline did little to the overall market. Meanwhile, listings tightened by 50 percent year-over-year. The number of homes on the market dropped from 2 to 1 this year, harshly constricting an already competitive market for hopeful homebuyers.