Tempe Real Estate Housing Market Report - January 2021
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(HomeSmart)
Here is the most recent Tempe Real Estate Housing Market Report for January 2021: The average sales price of homes in Tempe increased over $11k to start the new year at $451,456. This is a new all-time high for the average sales price in Tempe, AZ. The average sold price per square foot remained the same as last month at $229/sf. Days on market has decreased, after increasing for fourth straight month, and is now at 42 DOM for January. Tempe home sales started off the new year at exactly the same total as January of last year, at 96. It is typical for home sales to start off slow in the beginning of a new year, but this total is more sales than in 2019 and 2018. The number of new listings is down -6.6% from January of last year, and the number of active listings is also down -20.0% f...
Comments
2