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Tempe Gardens Home Values and Market Report

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Market at a glance

Over the last 12 months, homes sold for 98.2% of list price in 99 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $518K Sold · $525K
$600K$570K$540K$510K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

14homes
Active4 · 29%
Under contract1 · 7%
Sold (12 mo)9 · 64%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

12.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$582K
Under contract$375K
Sold$533K

Average days on market

Active48 days
Under contract50 days
Sold99 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $582,500
Avg. days on market 48 days
Avg. price per ft² $338
Avg. living area 1,716 ft²
Avg. beds / baths 3.5 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 4 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 4 homes in this status.

326 E Pebble Beach Drive$374
425 E Hermosa Drive$346
131 E Riviera Drive$331
527 E Hermosa Drive$303

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
425 E Hermosa DriveTempe, AZ 85282 421,977$685,000$3469 days
326 E Pebble Beach DriveTempe, AZ 85282 321,671$625,000$374114 days
527 E Hermosa DriveTempe, AZ 85282 421,696$515,000$30353 days
131 E Riviera DriveTempe, AZ 85282 321,522$505,000$33114 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Next steps

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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.