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
[…] 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 […]