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Wednesday, November 6, 2024

Tempe home prices rise in March 2018

Realestate5

The median sale price of a home sold in March 2018 in Tempe rose by $19,984 while total sales decreased by 12.8%, according to BlockShopper.com.

In March 2018, there were 211 homes sold, with a median sale price of $275,000 - a 7.8% increase over the $255,017 median sale price for the same period of the previous year. There were 242 homes sold in Tempe in March 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 March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Buckeye (unincorporated)1113-15.4%$300,000$224,90033.4%
Chandler5314986.6%$293,000$275,9446.2%
Chandler (unincorporated) 82767.9%$292,500$280,0004.5%
Uninc-85387/Surprise North201717.6%$289,617.50$272,8606.1%
Uninc-85383/Peoria North719-63.2%$285,000$257,00010.9%
Tempe211242-12.8%$275,000$255,016.507.8%
Goodyear2252088.2%$275,000$253,5538.5%
Peoria3983892.3%$255,000$237,0007.6%
Wittmann (unincorporated) 1517-11.8%$253,000$289,900-12.7%
Litchfield Park (unincorporated) 413613.9%$242,000$252,000-4%
Sun City West (unincorporated)125127-1.6%$237,500$218,0008.9%

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