February 4, 2017
According to Arizona Regional Multiple Listing Service, 161 residences were sold in Tempe, AZ from December 1st through December 31st. The lowest priced dwelling was 745 square feet, was listed for $75,900 and sold for $70,000. The highest priced residence was 4,125 square feet, listed at $899,000 and sold for $815,000. The average size of all Phoenix new homes for sale was 1,670 square feet, with a listing price of $269,531 and average sales price of $262,290.