The median sales price for homes in Tempe AZ for Sep 09 to Nov 09 was $168,000. This represents a decline of 5.2%, or $9,282, compared to the prior quarter and a decrease of 16.3% compared to the prior year. Sales prices have depreciated 2.3% over the last 5 years in Tempe.
The average listing price for Tempe homes for sale on Trulia was $287,170 for the week ending Dec 08, which represents a decline of 1.7%, or $4,996, compared to the prior week and a decline of 3.2%, or $9,596, compared to the week ending Nov 17. Average price per square foot for Tempe AZ was $113, a decrease of 16.3% compared to the same period last year. Popular neighborhoods in Tempe include Sunset, Optimist Park NE, Kyrene-Superstition, NTNA - East Rio, Lindon Park, and Peterson Park.