Home to more than 175,000 residents, Tempe is the most accessible city in all of Maricopa County. A highly sophisticated transportation network connects Tempe to its many bordering communities including Phoenix, Scottsdale, Mesa, and Chandler. (more)
This exciting city is filled with great attractions, employment opportunities and recreational facilities. Furthermore, year-round sunshine, gorgeous sunsets and breathtaking views of the local mountains and desert terrain help accentuate the spirit, history and culture found only in Tempe.
Recognized as the state’s seventh largest city, Tempe has seen great changes during the past two decades. Industrial parks and planned communities have developed by the dozens in an effort to keep pace with the influx of high-tech, financial, insurance, athletic, academic, cultural, and tourism operations that have sprung up in recent times. Home to a growing urban community, Tempe lofts and high rises like Orchid House Lofts, Hayden Ferry at Tempe Town Lakeside, The Vale, Merrion Square, and Centerpoint are becoming the preferred residences of a hip and dynamic demographic. Additional real estate options consist of townhouses, condominiums, luxury homes and estates, and historic properties.
The urban lifestyle is easy to achieve in Tempe, where light rail, trolley, and Phoenix Sky Harbor Airport are just moments away, and premium shopping, entertainment, and dining options abound. Tempe’s city officials have done a fine job in meeting the demands of growth with the creation of new schools, parks, and public gathering areas. Downtown Tempe has evolved into a unique, pedestrian-friendly place with its shady brick sidewalks, turn-of-the-century buildings, historic landmarks, the Tempe Town Lake and the Arizona State University campus.
Tempe Real Estate Market
Tempe features plenty of diverse and affordable real estate options. With a wide variety of architectural styles, buyers can choose from Tempe lofts, high rise condos, mid-rise condos, brownstones, row houses and Tempe townhouses. (more)
Condominiums in Tempe and Tempe townhouses range in price from the low $100,000s to $400,000+ and are typically found in high traffic areas, such as those near downtown shopping centers, parks and near the Arizona State University campus. Two, three and four-bedroom Tempe homes range in price from the high $100,000s to $600,000+ and can be found in family-oriented neighborhoods such as Alisanos, Estates Del Sol, The Lakes, Ash Court, Las Estadas and Santo Tomas. Larger luxury homes and estate properties in Tempe with breathtaking city views range in price from $600,000 to $4 million+ in upscale subdivisions such as Regatta Pointe, Pecan Grove Estates, Capistrano and Warner Ranch. A select few historical properties are also available as are Tempe lots and land for custom building and development.
Tempe, Arizona Average Home Sizes and Asking Prices
Tempe Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $282,411 compared to $290,573 the previous week, showing a decrease of less than -3%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Tempe AZ. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Tempe to help you find the best home!
