If you’re buying or selling a home in Tempe, Arizona, it’s important to stay informed about the latest market trends. Here’s what’s happening as of Spring 2025:
🏡 Median Home Price: The median listing price in Tempe is around $525,000, with sold homes averaging $467,500 — showing a strong but balanced market.
📈 Inventory Growth: Active listings have increased by over 10% month-over-month, giving buyers more choices and slightly easing competition.
📉 Sales Volume: Home sales dipped slightly in March compared to February, suggesting that buyers may have a bit more negotiation power heading into the summer.
📊 Days on Market: Homes are spending about 44 days on the market, meaning sellers should focus on proper pricing and presentation to stand out.
What This Means for You:
Buyers can take advantage of a larger selection of homes, while sellers still benefit from stable prices — but with more competition, strategic marketing is key.
Thinking about buying or selling in Tempe?
📞 Contact Craig Shumway today at (480) 415-8219 or cgshumway@gmail.com to get expert guidance on your next move!
