South Tempe Homes

South Tempe Homes Market Highlights

As of Nov 9, 2025, the single-family home market in South Tempe has displayed notable shifts across key metrics.

• The number of active listings has increased to 89, up from 73 just three months ago.
• Average sold prices have risen to $733,200, significantly higher than the average of $590,329 recorded three months prior.
• The average Days on Market (DOM) for active listings is currently at 60 days.
• With months of inventory now at 2.2, sellers remain in a relatively advantageous position as demand continues to exceed supply.

An In-Depth Look at the South Tempe Homes Market

The current landscape of the single-family home market in South Tempe, as of Nov 9, 2025, indicates a dynamic interplay between supply and demand, which is pivotal to understanding pricing trends and market stability.

• Over the past three months, the number of active listings surged to 89 from 73, showcasing an improving inventory situation that may benefit buyers looking for more options.
• Concurrently, the average sold price climbed to $733,200, up approximately 24% from the previous average of $590,329 three months ago. This uptick signals strong buyer interest and possibly increasing buyer confidence, despite the growing inventory.
• Additionally, the average DOM stands at 60 days—indicating a modest pace in transactions, yet not slowing enough to deter price increases. This DOM is an improvement compared to 68 days three months earlier, suggesting that homes are moving faster as buyers act decisively on available listings.
• The current months of inventory is measured at 2.2, reflecting a relatively favorable market for sellers; anything below 4 months is generally seen as indicative of lower inventory and higher buyer competition. While the increase in active listings could hint at a transition toward a more balanced market, prices indicate that demand still significantly outweighs supply.
• A further exploration of the price per square foot reveals the average sitting at $332 for active listings, an increase from $310 three months ago, further illustrating upward pressure on prices as demand remains strong.
• Sellers in South Tempe might consider utilizing this favorable position through competitive pricing strategies and marketing their homes effectively, given the sustained buyer interest manifesting through rising sold prices.
• In conclusion, the market appears to favor sellers as inventory builds but remains limited relative to demand, suggesting potential for continued price appreciation if the current trends persist.