Lakes of Tempe January 2026 Market Recap
Real Estate Benjamin Birk February 17, 2026
Real Estate Benjamin Birk February 17, 2026
As expected, inventory rose 14% to kick off the new year. As of mid-February, at the time of publishing, we are seeing more of these listings going under contract which should close in February and March.
We saw three total sales in January of 2026 to start the new year. Two of those sales were condos in Sandcastle and Lake Park Villas. With 2 of the 3 sales being condos, the median sold price in the neighborhood dropped 19% month over month.
| Address | Square Foot | Sold Price | Sold Price/Square Foot |
| 1161 E Sandpiper Dr 220 | 1,151 | $318,000 | $276.28 |
| 5621 S Captain Kidd Ct D | 1,290 | $297,000 | $230.23 |
| 5624 S Crows Nest Rd | 2,310 | $570,000 | $246.75 |
Stay up to date on the latest real estate trends.
Real Estate
January Recap in The Lakes
Real Estate
December Real Estate in The Lakes
November Real Estate in The Lakes
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact us today.
