Tempe’s housing market is shifting toward a buyer’s market in 2025.
With active listings up 87.6% and months of supply increasing by 118.9% (as of February 2025), buyers now have more options and negotiating power than in previous years. While home prices per square foot have still edged up slightly, the increase in inventory and longer days on market suggest less competition and more room for negotiation.
If you’re thinking of buying in Tempe, now may be the time to take advantage of increased inventory and more favorable conditions!
