The median sales price for homes in Tempe AZ for Aug 09 to Oct 09 was $175,000. This represents an increase of 1.4%, or $2,500, compared to the prior quarter and a decrease of 14% compared to the prior year. Sales prices have appreciated 1.4% over the last 5 years in Tempe.
The average listing price for Tempe homes for sale on Trulia was $296,563 for the week ending Nov 18, which represents a decline of 1.7%, or $5,260, compared to the prior week and a decline of 1.8%, or $5,348, compared to the week ending Oct 28. Average price per square foot for Tempe AZ was $136, a decrease of 4.2% compared to the same period last year. Popular neighborhoods in Tempe include Kiwanis Park, Peterson Park, Lindon Park, Dava-Lakeshore, Optimist Park NE, and Riverside.