Home/Tempe homes for sale/Tempe 85282/Park Riviera
Tempe, Arizona · ZIP 85282
Park Riviera homes for sale
Hallcraft townhomes with pools and greenbelts in south Tempe.
The short answer
As of November 1, 2026, there are 9 homes listed for sale in Park Riviera, with a median list price of $331,500. Over the past 12 months, 17 homes sold at a median price of $350,000, or $222 per square foot, after a median of 59 days on market. Homes closed at a median of 98.63% of their final list price. With about 6.4 months of supply, the market is leaning toward buyers.
Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes in Park Riviera, as defined in the FAQ below.
The Park Riviera market, by the numbers
Closed residential sales, November 1, 2025 to November 1, 2026.
Months of supply is today's 9 listings divided by the 12 month average of about 1 sale per month. Sale prices ranged from $292,350 to $385,000. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record. Listing success rate is the share of listings that left the market over the past 12 months that closed rather than being cancelled or expiring: 17 closed and 7 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.
Park Riviera median sale price, 10 years
Yearly median sale price of closed residential sales, 2016 to 2026.
The median sale price for homes in Park Riviera went from $162,000 in 2016 to $356,810 in 2025, up 120%. The highest yearly median was $385,000 in 2023. So far this year, through November 1, 2026, the median is $335,000. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.
See the yearly numbers
| Year | Median sale price | Homes sold |
|---|---|---|
| 2026 (through November 1, 2026) | $335,000 | 11 |
| 2025 | $356,810 | 20 |
| 2024 | $360,000 | 9 |
| 2023 | $385,000 | 16 |
| 2022 | $380,000 | 31 |
| 2021 | $308,788 | 24 |
| 2020 | $227,500 | 24 |
| 2019 | $215,000 | 31 |
| 2018 | $205,750 | 24 |
| 2017 | $178,950 | 30 |
| 2016 | $162,000 | 28 |
Source: ARMLS via Flexmls. Closed residential sales by calendar year in Park Riviera as defined on this page, calculated by Arizona Luxury Partners.
Search Park Riviera homes for sale
Updated continuously from the MLS. Filter, save, and tour any home.
What the numbers mean right now
Our read on the market, for buyers and for sellers.
Over the past 12 months, 17 homes sold in Park Riviera, at prices from $292,350 to $385,000. Today 9 are listed for sale, and 5 of those have already had a price change.
Pricing is where homes win or sit. 3 of last year's sales, or 18%, went under contract within 30 days, at about 100% of list price on average. 1, or 6%, took more than 120 days, and those closed at about 87% of their original list price on average.
If you are buying
- The typical home sold about 4% below its original list price, so there is room to negotiate on homes that have been listed a while.
- 94% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
- Park Riviera homes are townhomes built around 1970, so compare a home against recent sales of a similar size and level of updating within the community.
- Ask for the disclosures from every association that applies to the home, including any second association fee, and review what the dues cover.
If you are selling
- Your first month matters most. Homes that sold within 30 days closed at about 100% of list price on average.
- Homes that sat more than 120 days closed at about 87% of their original list price, so pricing right at the start pays.
- Price against recent Park Riviera sales of similar size, and show how your home compares on location within the community, updates, and outdoor space.
- We can show you the exact sales we would use to price your home.
About Park Riviera
The setting, the associations, and the amenities.
Park Riviera is a group of townhome communities in south Tempe, in ZIP code 85282, built by Hallcraft around 1970.
The City of Tempe neighborhood map lists Park Riviera Townhouse, Park Riviera South TH I/II, and Park Riviera South TH III/IV among the city's homeowners associations. In the MLS, homes are recorded as Park Riviera Townhouses and Park Riviera South Townhouses with numbered plats, and every resale recorded since 2016 was built between 1969 and 1973. Listings place Park Riviera South north of Baseline Road and west of McClintock Drive.
A current Park Riviera South listing describes a fenced community pool and an interior greenbelt with grass and shade trees, with association dues that cover exterior and roof maintenance, water, trash, front yards, and common areas. Each Park Riviera association sets its own dues and rules, and some homes pay a second association fee, so review the disclosures for the specific home.
- City
- Tempe, Arizona, ZIP code 85282
- Built
- 1969 to 1973 by Hallcraft, per MLS records
- Associations
- Park Riviera Townhouse, Park Riviera South TH I/II, and Park Riviera South TH III/IV (City of Tempe)
- Home sizes sold
- 1,260 to 1,704 square feet over the past 12 months
- Median home size sold
- 1,656 square feet over the past 12 months
- Sale prices, past 12 months
- $292,350 to $385,000
- Median list price today
- $331,500 across 9 active listings
- Listings with a price change
- 5 of 9 active listings
Related pages
Compare Park Riviera with nearby Tempe pages.
Park Riviera questions, answered
How much do homes cost in Park Riviera?
The median sale price was $350,000 for the 17 homes, condos, and townhomes in Park Riviera that sold from November 1, 2025 to November 1, 2026, or $222 per square foot, with sale prices from $292,350 to $385,000. Homes listed for sale on November 1, 2026 had a median list price of $331,500.
How many homes are for sale in Park Riviera right now?
As of November 1, 2026, 9 homes were listed for sale in Park Riviera in the MLS, at a median list price of $331,500. The search on this page updates continuously, so it always shows the current count.
How fast do homes sell in Park Riviera?
Homes that sold over the past 12 months spent a median of 59 days on the market and closed at a median of 98.63% of their final list price, or 95.89% of their original list price.
Is Park Riviera a buyer's market or a seller's market?
With 9 listings today and about 1 sale a month over the past year, Park Riviera has about 6.4 months of supply, which is leaning toward buyers. Neighborhoods and home types move at different speeds, so ask us for the numbers on the homes you are considering.
How common are seller concessions in Park Riviera?
16 of the 17 closed sales, or 94%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $7,800.
How many listings actually sell in Park Riviera?
Of the 24 listings that left the market over the past 12 months, 17 closed and 7 were cancelled or expired, a listing success rate of 71%. A listing that was cancelled and then relisted counts as cancelled.
What amenities does Park Riviera have?
A current Park Riviera South listing describes a fenced community pool and an interior greenbelt with grass and shade trees, with association dues that cover exterior and roof maintenance, water, trash, front yards, and common areas. Each Park Riviera association sets its own dues and rules, and some homes pay a second association fee, so review the disclosures for the specific home.
How have Park Riviera home prices changed over the past 10 years?
The median sale price for homes in Park Riviera was $162,000 in 2016 and $356,810 in 2025, up 120%. The highest yearly median in that span was $385,000 in 2023. So far this year, through November 1, 2026, the median is $335,000.
How does this page define Park Riviera?
Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, in ZIP code 85282 whose MLS subdivision name begins with Park Riviera, which covers the Park Riviera Townhouses and Park Riviera South Townhouses plats. Figures were calculated by Arizona Luxury Partners from ARMLS data on November 1, 2026.
Thinking about Park Riviera?
Your vision, your home, our expertise.
Tell us what you are looking for and we will send new Park Riviera listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.
Your advisors
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art
Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties
Sources
- ARMLS via Flexmls. Residential closed sales November 1, 2025 to November 1, 2026, and active listings on November 1, 2026, for Park Riviera as defined in the FAQ. Medians, months of supply, and the listing success rate calculated by Arizona Luxury Partners.
- ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through November 1, 2026 for the same area, used for the 10 year median sale price chart.
- Homeowners association names: City of Tempe, neighborhood and homeowners association map, accessed November 1, 2026.
- Builder and year built, Park Riviera Townhouses: Levendi Realty, 1505 E Southern Avenue, Tempe, accessed November 1, 2026.
- Builder, year built, and cross streets, Park Riviera South: Coldwell Banker, 5103 S Birch, Tempe, accessed November 1, 2026.
- Community pool, greenbelt, and what the dues cover: Arizona Luxury Partners, 4806 S Birch Street (MLS 7070809), accessed November 1, 2026.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. ZIP code areas do not follow city limits or school boundaries, so confirm the city, HOA, and assigned schools for a specific address. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.
