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Tuesday, November 5, 2024

Tempe home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Tempe rose by $5,806 while total sales increased by 0.5%, according to BlockShopper.com.

In April 2018, there were 217 homes sold, with a median sale price of $275,000 - a 2.2% increase over the $269,194 median sale price for the same period of the previous year. There were 216 homes sold in Tempe in April 2017.

The median sales tax in Tempe for the most recent year with available data, 2017, was $1,774, approximately 0.6% of the median home sale price for April 2018.

The following table compares Tempe to other Maricopa County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Queen Creek101947.4%$303,064$309,929.50-2.2%
Waddell (unincorporated) 3215113.3%$300,000$287,9004.2%
Chandler4724651.5%$295,500$282,0004.8%
Uninc-85387/Surprise North12120%$289,955$287,4950.9%
Litchfield Park (unincorporated) 534420.5%$277,000$265,2504.4%
Tempe2172160.5%$275,000$269,1942.2%
Goodyear (unincorporated) 10-$270,000$0-
Uninc-85383/Peoria North811-27.3%$266,500$264,9180.6%
Goodyear20718114.4%$266,000$257,0003.5%
Buckeye (unincorporated)201533.3%$262,500$223,00017.7%
Wittmann (unincorporated) 1013-23.1%$260,500$255,0002.2%

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