Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    2% ( $4,700 ) vs Dec 2013
  • Median Sales Price
    $212,750
    0% ( $250 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $185,000
    2% ( $4,500 ) vs Dec 2013
  • Foreclosures 386
    Homes for Sale 427
    Recently Sold 1,137

Market Summary

There are currently 386 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 427.

In January, the number of properties that received a foreclosure filing in Tempe, AZ was 89% higher than the previous month and 4% higher than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $212,750. The median sales price of a foreclosure home was $185,000, or 13% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$185,000 (Median Foreclosure 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) $212,750 (Median 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) $185,000 (Median Foreclosure 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) $212,750 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
258
87.6
% (y-o-y)
$170,000
8.3
% (y-o-y)
29.4%
25.2
% (y-o-y)
Mesa
70
92.1
% (y-o-y)
$170,000
4.9
% (y-o-y)
11.8%
2.6
% (y-o-y)
Glendale
54
89.6
% (y-o-y)
$162,000
1.8
% (y-o-y)
16.7%
19.8
% (y-o-y)
Scottsdale
44
93.3
% (y-o-y)
$355,000
2.7
% (y-o-y)
7.0%
8.8
% (y-o-y)
Chandler
43
90.3
% (y-o-y)
$237,750
5.1
% (y-o-y)
23.2%
17.1
% (y-o-y)
Gilbert
38
89.9
% (y-o-y)
$240,000
1.6
% (y-o-y)
3.3%
3.7
% (y-o-y)
Peoria
28
90.0
% (y-o-y)
$211,250
0.8
% (y-o-y)
25.0%
22.8
% (y-o-y)
Queen Creek
22
90.4
% (y-o-y)
$174,575
6.1
% (y-o-y)
11.4%
17.8
% (y-o-y)
Laveen
14
79.4
% (y-o-y)
$175,000
1.7
% (y-o-y)
10.6%
7.6
% (y-o-y)
Tolleson
12
70.7
% (y-o-y)
$153,750
6.8
% (y-o-y)
12.1%
3.8
% (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%