Chandler AZ Posts 10% Uptick in Property Sales

Through the month of August 2015, Chandler saw 3,149 houses sold year to date. The average price of $285,669 showed a net increase of 5.5% from the same time range last year. Compared to this time range last year, which showed 2,876 properties sold, Chandler saw a 9.5% gain in total volume of sold residential listings, a year-to-year net advance 273 completed transactions. With 707 residential home sales year to date, the 200,000-249,999 price bracket reported one of the greatest numbers of completed transactions.

Houses For Sale Prices Record 6.1% Rise. Chandler reported 5,197 active residences for sale so far in 2015 through the month of August. The 300,000-399,999 price range recorded one of the highest numbers of houses for sale with 1,248 properties listed. When compared to this period in 2014, which showed 5,205 houses for sale, Chandler had a 0.2% reduction in the overall amount of active residential listings, a year-over-year net decrease of 8 properties. The average active list price year to date recorded an increase of 6.1% from this time period during 2014, rising to $330,523. The cumulative days on market (CDOM) for active for sale homes in Chandler was 66 days through the end of August, which is a 4.8% advance above the average in comparison to this time range during 2014. Listed for sale homes appear to be taking more time to sell this year on average.

Information courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current local real estate info or to obtain a free evaluation of your current property, please call Chandler Realtor Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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