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Tempe, 85283 Market Trends

Today, November 15, 2009

Median Sales Price in 85283

Embed Info
1 yr 5 yr Max
85283, Tempe median sales prices
Number of sold homes in 85283, Tempe
LocationAug - Oct '09y-o-y3 months prior1 year prior5 years prior
85283$163,000-19.3%$177,032$202,000$173,250
Tempe$175,000-14.0%$172,500$203,500$172,500
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Tempe, 85283 Summary

The median sales price for homes in ZIP code 85283 for Aug 09 to Oct 09 was $163,000. This represents a decline of 7.9%, or $14,032, compared to the prior quarter and a decrease of 19.3% compared to the prior year. Sales prices have depreciated 5.9% over the last 5 years in 85283, Tempe.

The median sales price of $163,000 for 85283 is 6.86% lower than the median sales price for Tempe AZ. Average listing price for homes on Trulia in ZIP code 85283 was $216,640 for the week ending Nov 10, which represents an increase of 0.8%, or $1,627 compared to the prior week and an increase of 1.8%, or $3,730, compared to the week ending Oct 20. Average price per square foot for homes in 85283 was $105 in the most recent quarter, which is 23.91% lower than the average price per square foot for homes in Tempe.

 

Average Listing Price in 85283

Embed Info
1 yr 5 yr Max
85283, Tempe average property price
85283, Tempe – number of properties
LocationWeek ending
Nov 10
w-o-wWeek ending
Nov 3
Week ending
Oct 27
Week ending
Oct 20
85283$216,640+0.8%$215,013$212,898$212,910
Tempe$301,735+1.0%$298,682$302,800$308,752
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Average Price Per Sqft for Homes in 85283

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1 yr 5 yr Max
85283, Tempe average price per square foot
LocationAug - Oct '09y-o-y3 months prior1 year prior5 years prior
85283$105-23.4%$118$137$115
Tempe$138-2.8%$119$142$122
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Popular Zips in Tempe

Zips Week ending
Nov 11
w-o-w Week ending
Nov 4
Week ending
Oct 28
85282 1 — 1 1
85281 2 — 2 3
85283 3 — 3 2
85284 4 — 4 4
85280 5 +1 6
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Homes for Sale in 85283

615 La Donna Drive, Tempe AZ
615 La Don…
$174,900
4 br  2 ba
5200 South Lakeshore Drive, Tempe AZ
5200 S Lak…
$265,000
2 br  2 ba
600 West Grove Parkway, Tempe AZ
600 W Grove…
$75,000
1 br  1 ba
2023 East Magdalena Drive, Tempe AZ
2023 E Mag…
$210,000
3 br  2 ba
1518 Drake Drive, Tempe AZ
1518 Drake…
$180,000
4 br  2 ½ ba
1966 East Del Sur Drive, Tempe AZ
1966 E Del…
$165,000
3 br  2 ba
View all 85283 Homes for Sale
 
Stats & Trends
85283, Tempe

Real Estate Overview

Market Trends

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Community Info

Tempe

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Homes for Sale

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  • 85280
  • 85281
  • 85282
  • 85283
  • 85284
  • 85285
  • 85287
  • 85289
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Nearby Cities

Cities
Median
sales price
Average
listing price
Mesa
$132,000
$228,599
Chandler
$197,000
$313,343
Gilbert
$196,000
$283,575
Scottsdale
$300,000
$782,511
Phoenix
$97,000
$283,179
Paradise Valley
$1,100,000
$2,625,486
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Advice & Opinions

Recent Q&A in Tempe, AZ

Q: Can you please let me know if the home (5621 E Starlight Ridge Rd, Lakeside, AZ) is for sale or if its under contract? 1 answer
Q: Tempe market- Is it going to slide any further? 7 answers
Q: What is the status of the market in Tempe Arizona and Las Vegas for Resid. Income Property. Vacancy Factor? 1 answer
Q: I've never bought a home, but see a foreclosure home I'm interested in. How do I go about buying it? Is? 4 answers
Q: whats is a short sale/quick claim/ 4 answers

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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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85283 Stats & Trends

  • 85283 Real Estate Overview
  • Tempe Schools
  • Tempe Community Info
  • Tempe Home Prices
  • 85283 Real Estate
  • 85283 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Tempe real estate market. Find Tempe properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Tempe average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Tempe housing statistics are available for each Tempe, AZ neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.