Colonia Coronita Chandler Posts 30% Downtick in Property Listings

As of August, the Colonia Coronita development in Chandler, Arizona has seen 31 actively listed homes for sale during 2015, and the 160,000-179,999 price range saw one of the greatest numbers of houses for sale with 9 units. Compared to the same time range during 2014, which had 44 for sale properties, Colonia Coronita saw a 29.5% reduction in the overall active residential listings inventory, a year-over-year reduction of 13 residential homes. The average year-to-date active list price of $165,435 showed a gain of 1.6% over the average listed price of $162,898 from the same period in 2014. Listed homes are staying on the maket longer this year on average. When compared to this time period one year ago, the cumulative days on market (CDOM) for actively listed properties in Colonia Coronita was 64 days, an advance of 14.3%.

Houses Sold Record 8% Drop. Colonia Coronita showed a total of 23 homes sold year to date through August 31, 2015 as the average sales price of $159,187 saw an increase of 5.3% above the average price of $151,156 from the same time period one year ago. Compared to this reporting period one year ago, which saw 25 houses sold, Colonia Coronita saw an 8% fall in overall volume of sold listings, a year-over-year decrease 2 closed transactions. The 160,000-179,999 price bracket had one of the highest numbers of property sales this year with 7 closed transactions.

Sam Lawmaster is a Chandler real estate agent and market specialist. Info supplied by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most current Colonia Coronita real estate market info or to obtain a free no obligation evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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