The Lakes · Tempe, AZ

Is Now a Good Time to Sell in The Lakes, Tempe?

The median home in The Lakes sells for $510,000 with prices up 3% year-over-year. Ridley's flat fee saves you $11,801.

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The Lakes Real Estate Market Conditions

56out of 100

Ridley Sell Score

How it's scored →

Moderate

56/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The The Lakes market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Arizona average is 5.7.

Price MomentumNeutral

Prices up 2.667337695% year-over-year — vs. -2.6% statewide.

Seller LeverageNeutral

Homes selling at 98.23% of asking — buyers are negotiating 1.8% below list. Arizona average is 97.6%.

Bidding ActivityNeutral

18.18% of homes selling above list price — 139% above the Arizona average of 7.6%.

Sale SpeedFavors sellers

48 median days on market — 34 days faster than the Arizona average.

Market UrgencyNeutral

27.27% of listings go pending within 2 weeks — vs. 17.7% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Arizona average is 20.5%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$510,000

+3%

Days on Market

48

Price per Sq Ft

$274

Sale-to-List Ratio

98.23%

Homes Sold

11

Sold Above List

18.18%

Pending in 2 Weeks

27.27%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Tempe — delivered monthly.

Your savings

How much can you save selling in The Lakes?

$0Estimated savings

That's a dream family vacation — save 2.3% of your home value

$510,000

$50,000$10M

Traditional Agent (3%)

$15,300

Ridley Pro (flat fee)

$3,499

Ready to sell in The Lakes?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in The Lakes

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$15,300$3,499$999
Buyer agent$14,2802.8% avg$10,200~2% avg$10,200~2% avg
Closing costs (~1.5%)$7,650$7,650$7,650
Total cost$37,230$21,349$18,849
You save$11,801$14,301

Based on the The Lakes median home price of $510,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in The Lakes

A flat fee of $3,499 instead of the typical $15,300 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using The Lakes market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere The Lakes buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $11,801 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in The Lakes

Ready to sell in The Lakes?

Save $11,801

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