Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,700
    1% ( $1,950 ) vs Nov 2013
  • Median Sales Price
    $212,500
    0% ( $500 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $180,500
    2% ( $4,500 ) vs Nov 2013
  • Foreclosures 435
    Homes for Sale 408
    Recently Sold 1,449

Market Summary

There are currently 435 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 408.

In December, the number of properties that received a foreclosure filing in Tempe, AZ was 12% lower than the previous month and 43% lower than the same time last year.

Home sales for November 2014 were down 6% compared with the previous month, and down 12% compared with a year ago. The median sales price of a non-distressed home was $212,500. The median sales price of a foreclosure home was $180,500, or 15% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$180,500 (Median Foreclosure Sales Price) $185,000 (Median Foreclosure Sales Price) $183,000 (Median Foreclosure Sales Price) $186,150 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $170,224 (Median Foreclosure Sales Price) $212,500 (Median Sales Price) $212,000 (Median Sales Price) $207,500 (Median Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,500 (Median Sales Price) $180,500 (Median Foreclosure Sales Price) $185,000 (Median Foreclosure Sales Price) $183,000 (Median Foreclosure Sales Price) $186,150 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $170,224 (Median Foreclosure Sales Price) $212,500 (Median Sales Price) $212,000 (Median Sales Price) $207,500 (Median Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
1,441
34.3
% (y-o-y)
$172,825
10.1
% (y-o-y)
34.0%
25.1
% (y-o-y)
Mesa
714
16.0
% (y-o-y)
$171,500
5.9
% (y-o-y)
12.8%
6.7
% (y-o-y)
Scottsdale
460
22.9
% (y-o-y)
$343,500
6.9
% (y-o-y)
7.6%
21.3
% (y-o-y)
Glendale
335
31.1
% (y-o-y)
$164,750
0.2
% (y-o-y)
15.1%
15.2
% (y-o-y)
Gilbert
299
25.8
% (y-o-y)
$240,000
0.0
% (y-o-y)
1.8%
4.2
% (y-o-y)
Chandler
288
34.5
% (y-o-y)
$230,000
1.8
% (y-o-y)
17.2%
14.8
% (y-o-y)
Peoria
196
38.4
% (y-o-y)
$206,000
4.2
% (y-o-y)
12.6%
23.4
% (y-o-y)
Queen Creek
137
35.1
% (y-o-y)
$172,000
1.8
% (y-o-y)
17.3%
17.2
% (y-o-y)
Apache Junction
81
22.9
% (y-o-y)
$145,000
7.8
% (y-o-y)
16.5%
22.1
% (y-o-y)
Maricopa
52
58.4
% (y-o-y)
$136,000
4.4
% (y-o-y)
5.9%
2.3
% (y-o-y)

Local Info For Tempe

Population:
164,147
Cost of Living Index: 115.58
Crime Index: 111.50     Rating: B- View crime details
Schools: 47    Average School Rating: B- View individual school rating
Household Median Income: $47,443
Unemployment: 5.30%
Percentage of vacant homes: 11.19%