Video 70: Dean Ouellette takes a look at the Tempe AZ real estate market in 85284. The number of houses in 85284 was up only about 10%, mainly because the prices of these houses is on the higher end which has been slower to recover in Tempe and the area. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.
Search all the homes for sale in Tempe AZ 85284
Video 36: The numbers for the Tempe AZ real estate market were mixed in October 2009. There were 136 houses sold in Tempe in the month of October, which is up from 85 in 2008 and is the highest number for October since 2005. Prices were down again this month from the previous month and both September of 2009 and October of 2009 were down 20% from the same months in 2008. The average price per square foot was the lowest we have seen this year and the first time the number has been down since the previous low in April. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.
| Units sold | High Price | Low Price | Avg Price | DOM | $/sq foot | |
| Oct 2008 | 85 | $733,000 | $90,000 | $228,679 | 83 | $135.31 |
| Sept 2009 | 156 | $1,250,000 | $34,125 | $206,970 | 73 | $117.06 |
| Oct 2009 | 136 | $820,000 | $18,000 | $180,439 | 67 | $109.54 |
*DOM= Days on market
Video 27: So you purchased a new house or condo in Tempe in 2006 at the height of the market, and now you want to sell it and make a 50% return when the market has dropped 50%? Are you crazy? If you want to discuss this or the Tempe real estate market you can leave a comment or e-mail me Dean Ouellette.
