Tempe Real Estate Housing Market Update - September 2020
The lack of new Tempe listings continues to drive demand and home prices higher. Home values have increased an average of 13% in the Phoenix Metro area since September of 2019. With mortgage interest rates remaining below 3.0%, there are still more buyers looking to purchase heading into the fall.
For more detailed stats on the Tempe Housing Market, just click on the image below. Then call/text me at 602-295-6807 when you are ready to buy or sell your next Phoenix Metro, or East Valley home.
If you're thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.
If you're thinking of buying a home, more homes are being listed for sale, and interest rates remain at historically low rates. Being a trusted real estate professional, I can answer your questions and help you determine your next steps.
Feel free to reach out to me if you have any questions about home buying, selling, or investing in the Phoenix Metro or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.
Troy Erickson Realtor