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Tempe AZ Real Estate-Market Statistics May 2008

June 5th, 2008 categories: Market Statistics, Real Estate News

Tempe AZ Real Estate-Single Family Homes-Market Statistics May 2008

Current Listings: 520

New Listings: 145

Pending Sales: 110

Sold Homes: 117

The average sales price fell from $303,735 to $270,275 a decrease of 12%.

Tempe AZ Real Estate- Average Sales Price-May 2008

Here is the chart that demonstrates List Price vs Sales Price for Tempe Single Family Homes

This charts shows the number of new listings vs sold listings- a good indication of the transition, if any, from a buyer’s market to a stable “normal” market.

Tempe Real Estate- Listing Trends

When the Blue line meets the orange line- things are good in the Tempe Real Estate Market

This entry was posted on Thursday, June 5th, 2008 at 10:36 pm and is filed under Market Statistics, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Tempe Real Estate Market Statistics June 2008-Single Family Homes said at July 14th, 2008 at 6:58 pm

   […] average sales price showed an increase of 5% from May 2008.  The average sales price for Tempe homes was $283,226 for the month of […]

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