Tempe Sales Volume shows obvious seasonality

Tempe is one of the more land-locked cities in the Valley, so it makes sense there isn't a huge jump in the number of sales over the last couple of years (unlike the suburbs - see Buckeye and Peoria as recent examples).

That being said, take a look at the obvious seasonality - the sales volume tends to follow the weather, heating up in the spring and summer before cooling back off in the fall. Q2 and Q3 are busy - with 350-450 homes selling per quarter, while Q4 and Q1 run in the 250-350 range.

To put that in percentage terms, last quarter's 441 homes sold was 30% higher than Q4 2017 (340 sales).

- Chris Butterworth

 

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