Real Estate News and Advice
November 12, 2009
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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 11/12/2009:
SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: NOVEMBER 2009 in Tempe - 2 YEARS of sales data below will help you understand the market. For more information on how Foreclosures specifically affect... MORE->
About Ron Wilczek

Reported by

Christian Broadwell, GRI (480) 206-1258
as of 11/11/2009:
Tempe just East of the 5th largest city in the United States, Phoenix metro area. We are seeing what looks like a bottom to the market. Home sales are flat in most areas and rising in others. Commercial Real Estate is seeing a much needed boost due... MORE->
About Christian Broadwell, GRI (480) 206-1258

Reported by

Kristen VanArsdale
as of 11/11/2009:
The average sales price of a single family home in Tempe for 2009 is $243,013 that is a -19% change from last years average of $302,830. If you are selling the average days on market for Tempe is 112... MORE->
About Kristen VanArsdale

Reported by

Kent Gagon
as of 11/11/2009:
Recently interviewed by Christina Boomer at ABC 15 News for using cutting edge technology and video news marketing to sell more homes. For more information copy and paste this entire link into your browser: for other media appearances visit my... MORE->
About Kent Gagon
Watch one of my Television commercials.

Reported by

Patricia Hill, E-Pro (480)632-5959
as of 11/11/2009:
Tempe sales are up, inventory is down and the bottom of the market is passing! Tempe currently has 481 residential homes available for sale. This month 101 Tempe homes sold in an average of 72 days on the market for an average sales price of... MORE->
About Patricia Hill, E-Pro (480)632-5959

Reported by

Gina McKinley, ABR, CRS
as of 11/11/2009:
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. Tempe seems to be following it's own trend, and not what the rest of the... MORE->
About Gina McKinley, ABR, CRS

Reported by

Bruce The Moose Fraser
as of 11/11/2009:
Home prices are starting to settle at a bottom range, and the number of listings are starting to fall. There are several factors that help make this a buyers market: 1. Interest rates are low and banks want to lend money to qualified borrowers; 2.... MORE->
About Bruce The Moose Fraser

Reported by

Bill Drummey, CRS, GRI, ABR, ASP, e-Pro
as of 11/10/2009:
Sales in Tempe were up 66% vs 2008 for October. The market appears to be turning the corner (at least bottoming out)! If you are "thinking" about buying a home now may be the perfect time with rates still at historical lows, prices are down and... MORE->
About Bill Drummey, CRS, GRI, ABR, ASP, e-Pro

Reported by

 
as of 11/5/2009:
In Tempe, 10/1/2009 -10/31/2009 there were 1068 Active Listings, 111 Pending Listings, 136 Sold Listings. The average sales price was $180,439 and the average days on the market was 67... MORE->
About  

Reported by

Jim & Vivien Biggs - 866.250.9595
as of 10/13/2009:
Call us locally at: 480.390.6562 or 602.615.9137! Ask for a FREE CUSTOM MLS search website! Higher than normal resale inventory in the market is providing a buying opportunity! Its a BUYERS market! Great Selection, Great Prices, Great... MORE->
About Jim & Vivien Biggs - 866.250.9595

Reported by

John Fagundes
as of 7/22/2009:
WELOME TO Tempe!!! Tempe is currently experiencing a buyers market with prices trending downword. You can still get a great deal on the right piece of Real Estate. The average price of a single family residence is approx $289,878. Please feel free... MORE->
About John Fagundes

Reported by
David Elet
as of 7/16/2009:
FREE full foreclosure search, including NON MLS foreclosures, use the foreclosure tab on my website to check for non-MLS foreclosures. Homes are selling for an average of $108 sqft, however I can help you find homes that are listed at less... MORE->
About David Elet


Average Current Market Rating: 2.3    (12 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.5    (12 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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