In Kiwanis-the Lakes, prices pushed higher from February to March 2026, with the typical home value climbing about 5.05% to roughly $520,000 while the median list price held steady at $540,000, signaling sellers are confident even without raising asking prices month over month. Homes moved faster, as median days on market dropped sharply by 33.8% to 47 days, and inventory inched up 2.41% to 85 active listings, giving buyers slightly more to choose from without shifting the overall balance.
Looking back over the past year adds helpful perspective. Typical home values are up about 4.42% year over year, while new listings are down 11.02%, limiting fresh options coming onto the market. Inventory fell 15.0% compared to last year, and pending sales increased 3.45%, reinforcing the sense of steady demand.
Conditions currently favor sellers, reflected in a strong seller’s market gauge of 9 and an average sale-to-list ratio just under full asking at about 0.971, with roughly 9.72% of sales closing above list price. Homes in Kiwanis-the Lakes also sit above the broader Tempe market, where the typical value is around $480,000 compared with $520,000 locally, and both are projected to edge higher to about $532,500 in the neighborhood and $482,500 citywide. With projected inventory at 86 listings and list prices expected to hold near $540,000, both buyers and sellers can benefit from having Agent Pronto connect them with a skilled local agent to navigate their next move.
