Tempe Condo Mania

Median Price up 10% for Tempe Condos in the Third Quarter

published on 2016-10-07

Tempe condo sales increased at the highest rate for the third quarter in the last 3 years, with 211 sales.  Prices increased too, with the median sale price up 10% over the same quarter last year.

Even though prices are increasing, Tempe condos and townhomes remain an affordable choice for residents.  The median sale price was $165,000 for the third quarter, and 83% of the sold units were under $250,000.

Villagio, one of our most popular condo developments had 23 units sold in the third quarter with average sold prices jumped 8% to $223,000.

New condos and townhomes have been popular with our clients not only in Tempe, but also in Chandler and Gilbert. However we're seeing some construction delays in some developments.  If you are interested in having an advocate for you rather than being alone in the new condo or townhome sales process, make sure you contact us before you go directly to the builder.

A great new feature for tempe condo mania visitors is our condo sold information, which you'll now find at the bottom of every community page!

For more third quarter 2016 sales statistics, check out our full Tempe Condo Sales Report.

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Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.

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Category Condos Near ASU



Villagio at Tempe is one of our most popular condo communities in Tempe. Conveniently located in Tempe at Loops 101 & 202, residents are just a short drive away from ASU and Tempe Marketplace. The Cubs Spring Training stadium is just across the street.

Villagio at Tempe has several floorplans, ranging from a single level 2nd floor condo to a two story townhome style with enclosed patio and a small yard. Upgrades vary within the community, but most units have granite counters and ...

The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2020-06-01 06:02:54