April 2026 Tempe Housing Market Report

Source for monthly Tempe Housing Market Report by Realtors serving Tempe, AZ. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (ARMLS).

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LISTINGS TO BEGIN APRIL and MARCH RESULTS

(Table may require a swipe left on mobile devices)

Strong Buyer's Market

Buyer's Market

Balanced

Seller's Market

Strong Seller's Market

OBSERVATIONS: Home sales have risen to last spring's seasonal levels. PPSF, though up $4 in March, isn't going anywhere fast.

On a price per-square foot average (see table below):

• At $297 per-square foot in March, prices are up $4 from February, down $8 from last March 2025, and down $17 from their peak of $314 in May '22
  

• Last month, sellers received an average of -$11,396 less than their asking prices
  

• April 2026 began 247 listings, which is 138% of the 3 year average of 179 (from 2023-2025)  

• March had 114 sales, or 128% of the 3 year average of 89 (from 2023-2025)
  

• Tempe is currently turning over housing inventory once every 2.1 months
  

• Days on market for sold homes are currently 72
  

• Bank-owned properties and short sales accounted for 0 sales, or 0.0% of all Tempe sales last month

Tempe Housing Market Report Updated in April 2026

To reduce data errors results are based on:

1. Tempe SOLD single family residences, patio homes, and townhomes (ask us about condos)

2. List/sales price under $1,000,000

3. Size over 1,000 sq ft.

4. Calendar month

Tempe sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).

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  Table Explanation

(Table may require a swipe left on mobile devices)

Month	For Sale	Total Sold	% Sold	MO. INV.	Sq ft	Price	DOM	$$ sq ft	+/- List Price
Apr-26	247
Mar-26	234	114	48.7%	2.1	1,770	$525,845	72	$297	-$11,396
Feb-26	210	90	42.9%	2.3	1,706	$500,445	54	$293	-$11,885
Jan-26	198	63	31.8%	3.1	1,776	$527,149	75	$297	-$12,488
Dec-25	195	84	43.1%	2.3	1,850	$538,397	77	$291	-$14,961
Nov-25	246	77	31.3%	3.2	1,738	$482,645	74	$278	-$9,147
Oct-25	267	91	34.1%	2.9	1,739	$522,215	78	$300	-$12,853
Sep-25	261	100	38.3%	2.6	1,858	$546,175	65	$294	-$15,894
Aug-25	280	86	30.7%	3.3	1,740	$504,862	64	$290	-$12,160
Jul-25	293	90	30.7%	3.3	1,722	$510,098	63	$296	-$17,318
Jun-25	265	105	39.6%	2.5	1,710	$497,742	66	$291	-$12,954
May-25	275	117	42.5%	2.4	1,817	$550,058	52	$303	-$12,864
Apr-25	246	100	40.7%	2.5	1,678	$497,659	51	$297	-$5,283
Mar-25	212	80	37.7%	2.7	1,792	$546,920	56	$305	-$12,071
Feb-25	199	81	40.7%	2.5	1,735	$517,788	62	$298	-$12,266
Jan-25	175	84	48.0%	2.1	1,828	$528,984	56	$289	-$9,954
Dec-24	183	99	54.1%	1.8	1,660	$504,795	54	$304	-$8,786
Nov-24	218	72	33.0%	3.0	1,654	$501,635	49	$303	-$7,086
Oct-24	223	100	44.8%	2.2	1,821	$533,440	46	$293	-$11,912
Sep-24	193	64	33.2%	3.0	1,785	$526,300	59	$295	-$14,833
Aug-24	178	84	47.2%	2.1	1,645	$498,914	53	$303	-$11,532
Jul-24	179	94	52.5%	1.9	1,772	$526,195	46	$297	-$9,779
Jun-24	163	105	64.4%	1.6	1,714	$517,587	38	$302	-$8,263
May-24	149	128	85.9%	1.2	1,810	$532,199	49	$294	-$10,110
Apr-24	129	88	68.2%	1.5	1,735	$522,773	41	$301	-$4,641
Mar-24	125	83	66.4%	1.5	1,720	$506,302	55	$294	-$8,686
Feb-24	104	95	91.3%	1.1	1,731	$508,860	56	$294	-$10,914
Jan-24	148	59	39.9%	2.5	1,681	$475,638	53	$283	-$12,989
Dec-23	163	76	46.6%	2.1	1,763	$510,995	37	$290	-$12,847
Nov-23	155	69	44.5%	2.2	1,707	$491,653	46	$288	$5,681
Oct-23	147	88	59.9%	1.7	1,754	$524,027	47	$299	-$8,087
Sep-23	126	89	70.6%	1.4	1,777	$519,927	36	$293	-$6,247
Aug-23	110	88	80.0%	1.3	1,755	$518,540	40	$295	-$8,431
Jul-23	102	74	72.5%	1.4	1,599	$471,394	47	$295	-$7,041
Jun-23	89	101	113.5%	0.9	1,712	$498,075	46	$291	-$6,659
May-23	87	102	117.2%	0.9	1,745	$512,053	40	$293	-$6,399
Apr-23	102	92	90.2%	1.1	1,758	$474,416	58	$270
Mar-23	128	92	71.9%	1.4	1,626	$449,678	75	$277
Feb-23	143	82	57.3%	1.7	1,658	$471,908	72	$285
Jan-23	176	76	43.2%	2.3	1,760	$469,844	68	$267

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Table Explanation for Tempe Housing Market Report

NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.

1. Total Active – # of homes for sale at the beginning of the current month

2. Total Sold – # of homes sold in the current month

3. % Sold – a ratio of total sold to total active

4. MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory

5. Sq ft – average square footage of sold homes

6. Price – average sales price of sold homes

7. DOM – Days On Market, or average days to sale

8. $ sq ft – average price per square foot

9. +/- List Price – the average dollars received by sellers above or below their average list prices

Monthly Tempe Housing Market Report by Realtors serving Tempe, AZ