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February 10, 2012

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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Arizona > Tempe


Market Conditions Summary for Tempe, Arizona


Reported by

Ron Wilczek
as of 2/9/2012:
SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: FEBRUARY 2012 in Tempe - 4 YEARS of sales data below will help you understand the market. For comprehensive insight into "current foreclosures for... MORE->
About Ron Wilczek

Reported by

Bruce The Moose Fraser
as of 2/9/2012:
Tempe home of Arizona State University has some great deals around. This market has held its own during the past years but you can still find affordable housing now. Folks are buying homes now because it's the perfect time! There are several factors... MORE->
About Bruce The Moose Fraser

Reported by

Kristen VanArsdale
as of 2/8/2012:
The average sales price of a single family home in Tempe is currently $174,000 this is a -9.4% price change for 2010. Foreclosures make up to 32% of the home sales in some zip codes. Need to short sale your home? Not sure what is involved.... MORE->
About Kristen VanArsdale

Reported by

Gina McKinley, ABR, CRS
as of 2/8/2012:
Tempe's housing market continue to out pace the valley averages. Due to it's location, Arizona State University, and being landlocked, Tempe continues to be a desirable city. Good News: Total active listings have risen by 282 units over the... MORE->
About Gina McKinley, ABR, CRS

Reported by

Jim Biggs / Vivien Biggs
as of 1/27/2012:
Call us locally at: 602.615.9137! Ask for a FREE CUSTOM MLS search website! Its has become a SELLERS market! Less Selection, Good Prices, but multiple offers on the "good"... MORE->
About Jim Biggs / Vivien Biggs

Reported by
The Amy Jones Group
as of 1/11/2012:
Tempe Real Estate Update January 2012 ~ HOMES CURRENTLY FOR SALE ~ 286...Down from 306 last month Lowest Price: $9,000 Highest Price: $6,850,000 Median price: $183,250...down from $179,900 last month Average Days on... MORE->
About The Amy Jones Group

Reported by

The Rodgers Team
as of 1/1/2012:
In Tempe, 12/1/2011 -12/31/2011 there were 464 Active Listings, 118 Pending Listings, 156 Sold Listings. The average sales price was $143,657 and the average days on the market was 95... MORE->
About The Rodgers Team

Reported by

Lester Cox
as of 11/15/2011:
Inventory remains somewhat low, but consumers have held down pricing anticipating a large release of properties by banks. We do not see that coming and feel pricing will increase substantially in the first quarter of 2012. Very strong rental market... MORE->
About Lester Cox

Reported by

Kent Gagon
as of 10/26/2011:
Inventory is creeping back up slowly (snails pace) with total active listings at 19,579, Pending sales at 11,458 and closed sales for September at 8,104. The average closed sales price was $152,384 with an average days on the market of 94 days to... MORE->
About Kent Gagon

Reported by
Thomas Peterlin
as of 1/3/2011:
According to the Cromford Report Courtesy of the Cromford Report, the following good news is being projected for the greater Phoenix area market (if you would like a more detailed report, please go to our web page... MORE->


Average Current Market Rating: 2.9    (10 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 3.2    (10 ratings)




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Falling

Rising

Navigate: Top > Arizona > Tempe


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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