Tempe 85282 Shows 10% Gain in Homes Sold

Through the month of October 2015, 85282 has seen 554 homes sold year to date, and the average closed sales price of $207,887 posted a rise of 5.6% from the same reporting period one year ago. The total volume of sold listings in 85282 had a 9.5% increase compared to the same time period a year ago, which had a volume of 506 sold properties, a year-to-year advance of 48 completed transactions. The 200,000-249,999 price range recorded one of the highest numbers of homes sales this year with 151 completed purchases.

Home Listing Prices See 8.9% Rise. 85282 had a total of 792 active residences for sale so far in 2015 through October. The 200,000-249,999 price category saw one of the greatest numbers of homes for sale at 195 units. Compared to the same period a year ago, which had 811 for sale homes, 85282 saw a 2.3% decrease in the total number of active listings, a net decrease of 19 properties. The area's average year-to-date active list price of $224,336 recorded an increase of 8.9% over the average price of $205,946 from the same period last year. Listings are requiring less market time this year on average. When compared to this time period during 2014, the average days on market for actively listed homes for sale in 85282 was 51 days, a reduction of 21.5%.

Data courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most recent local real estate info or to obtain a free evaluation of your current property, please call 85282 real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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