Tempe Prices were Way Up in May

The median sales price in Tempe hit $324,600 last month, up 9.8% from May 2017 and a whopping 22.5% from May 2016!

Looking at seasonality, we can expect prices to increase for another month or two, before leveling off or even dropping a bit through the 2nd half of the year.

- Chris Butterworth

 

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