Tempe Market holds seasonal trends

The Median number of Days on Market in Tempe over the last 3 years has fluctuated between 27 in Summer 2015 and 55 in Winter 2016, without much of a trend upwards or downwards. In other words, the market hasn't gotten much hotter or cooler over the last 3 years.

However, the seasonality is very easy to see. The Tempe market heats up in the spring and summer months, with homes selling faster from January through July. Then, like clockwork, the market slows down again, with homes taking longer to sell from July through January.

- Chris Butterworth

 

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* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.