Market report, updated

The Lakes Home Values and Market Report

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Market at a glance

Over the last 12 months, homes sold for 97.7% of list price in 63 days on average.

Average price, last 12 months

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

List · $616K Sold · $610K
$960K$770K$580K$390K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 10 sales in Apr. Last month: 3.

Where the market stands

All homes in this report, by status.

77homes
Active20 · 26%
Under contract2 · 3%
Sold (12 mo)55 · 71%

Buyer's or seller's market?

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

3.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$674K
Under contract$958K
Sold$572K

Average days on market

Active95 days
Under contract30 days
Sold63 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 20
Average list price $674,475
Avg. days on market 95 days
Avg. price per ft² $308
Avg. living area 2,164 ft²
Avg. beds / baths 3.2 / 2.7

Price vs. living area

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

$3M$2M$1M$0

Price vs. living area: 20 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 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 7 homes in this status.

1053 E Sandpiper Drive$452
5419 S Compass Road$419
5604 S Rocky Point Road$417
1518 E Northshore Drive$367
1221 E Steamboat Bend Drive$340
1534 E Southshore Drive$336
1071 E Sandpiper Drive$335

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1071 E Sandpiper DriveTempe, AZ 85283 555,052$1,695,000$33554 days
1053 E Sandpiper DriveTempe, AZ 85283 452,817$1,275,000$45248 days
5419 S Compass RoadTempe, AZ 85283 432,382$1,000,000$4191 day
5445 S Lighthouse LaneTempe, AZ 85283 343,176$939,000$295236 days
1506 E Edgewater DriveTempe, AZ 85283 432,952$775,000$262138 days
1539 E Westwind WayTempe, AZ 85283 432,670$724,000$271166 days
1221 E Steamboat Bend DriveTempe, AZ 85283 432,052$698,200$340132 days
5604 S Rocky Point RoadTempe, AZ 85283 221,652$689,900$417193 days
1621 E Northshore DriveTempe, AZ 85283 432,905$677,500$23356 days
1536 E Edgewater DriveTempe, AZ 85283 322,311$625,000$270116 days
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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.