Tempe is home to Arizona State University and is the only city in the metro area that has all 5 freeways running through it. Located in the northernmost part of the southeast valley, Tempe is convenient to everything. Homes around the university are typically 1950’s and 60’s ranches while homes in south Tempe are typically 1980’s and 90’s with larger lots.
Tempe likes to compare itself to cities like Portland, where being “weird” is a compliment and politics are more progressive.
QUICK STATS
AVG. PRICE: $369,200
POPULATION: 187,450
# OF HOMES: 76,700
PRICE DATA
| 2019
|
2020
|
|
| Number of Sales | 2,286 | 2,325 |
| Sold to List % | 98.3% | 98.5% |
| Average Sale Price | $330,375 | $369,200 |
| Lowest Sale Price | $6,500 | $13,500 |
| Highest Sale Price | $1,750,000 | $2,037,000 |
| Avg. Days on Market | 52 | 42 |
2020 SALE DATA
| Total Home Sales | 2,325 |
| 1 Bedroom Homes | 76 |
| 2 Bedroom Homes | 536 |
| 3 Bedroom Homes | 1,040 |
| 4 Bedroom Homes | 539 |
| 5+ Bedroom Homes
|
133
|
| Single Family Homes | 1,449 |
| Non Single Family | 876 |
THINGS TO DO
*ARIZONA STATE UNIVERSITY – The second largest university in the country. Go Devils!
*MILL AVENUE – Right near ASU, Tempe’s downtown area is commonly know as “Mill Ave”