Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $234,900
    2% ( $4,950 ) vs Aug 2013
  • Median Sales Price
    $207,500
    1% ( $2,500 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $186,150
    2% ( $4,350 ) vs Aug 2013
  • Foreclosures 436
    Homes for Sale 448
    Recently Sold 2,056

Market Summary

There are currently 436 properties in Tempe, AZ that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 448.

In September, the number of properties that received a foreclosure filing in Tempe, AZ was 88% higher than the previous month and 3% higher than the same time last year.

Home sales for August 2014 were up 61% compared with the previous month, and up 4% compared with a year ago. The median sales price of a non-distressed home was $207,500. The median sales price of a foreclosure home was $186,150, or 10% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$186,150 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $170,224 (Median Foreclosure Sales Price) $149,743 (Median Foreclosure Sales Price) $146,550 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,500 (Median Sales Price) $201,400 (Median Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $186,150 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $170,224 (Median Foreclosure Sales Price) $149,743 (Median Foreclosure Sales Price) $146,550 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,500 (Median Sales Price) $201,400 (Median Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
2,107
21.3
% (y-o-y)
$170,000
3.0
% (y-o-y)
26.5%
23.3
% (y-o-y)
Mesa
830
6.6
% (y-o-y)
$175,000
5.4
% (y-o-y)
20.1%
12.3
% (y-o-y)
Scottsdale
597
17.1
% (y-o-y)
$355,125
5.3
% (y-o-y)
18.6%
23.5
% (y-o-y)
Chandler
459
10.4
% (y-o-y)
$238,000
2.5
% (y-o-y)
24.7%
11.7
% (y-o-y)
Glendale
457
12.5
% (y-o-y)
$165,500
4.1
% (y-o-y)
13.6%
11.9
% (y-o-y)
Gilbert
403
9.0
% (y-o-y)
$255,000
4.1
% (y-o-y)
13.5%
12.0
% (y-o-y)
Peoria
279
17.0
% (y-o-y)
$212,150
8.8
% (y-o-y)
23.6%
14.5
% (y-o-y)
Queen Creek
221
35.4
% (y-o-y)
$172,000
11.0
% (y-o-y)
Data not available
Maricopa
94
53.2
% (y-o-y)
$139,900
3.6
% (y-o-y)
9.9%
5.9
% (y-o-y)
Apache Junction
79
26.9
% (y-o-y)
$139,900
2.2
% (y-o-y)
27.4%
42.0
% (y-o-y)

Local Info For Tempe

Population:
164,147
Cost of Living Index: 115.58
Crime Index: 132.13     Rating: C+ View crime details
Schools: 47    Average School Rating: B- View individual school rating
Household Median Income: $47,443
Unemployment: 5.50%
Percentage of vacant homes: 11.19%