Is Tempe, AZ 85288 a buyer’s or seller’s market?
Tempe is a buyer’s market. With about 8.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply8.9Under 4 months = seller’s market
Sold above original list5.7%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$310▲ +2.2% vs. last year
Run the numbers for 85288
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology