Cooper Commons Chandler Sees 15% Uptick in Homes Sold

The Cooper Commons neighborhood in Chandler, Arizona had a total of 85 property sales year to date as of August 2015. The average sales price of $253,156 saw an increase of 9.6% above the average closed price of $230,961 from this time range a year ago. In comparison to the same time range last year, which reported 74 sold homes, Cooper Commons saw a 14.9% gain in total number of sold residential listings, a net increase 11 completed sales transactions. At 22 homes sold year to date, the 250,000-299,999 price range reported one of the highest numbers of closed transactions.

Listed Homes Record 14% Gain. As of August, Cooper Commons recorded 130 active houses for sale in 2015. The 300,000-399,999 price range showed one of the greatest numbers of homes for sale at 38 properties listed. In comparison to the same period in 2014, which posted 114 residences for sale, Cooper Commons showed a 14% rise in the total number of active listings, a year-over-year gain of 16 residential properties. The area's average year-to-date active list price of $267,126 showed an increase of 6.1% over the average listed price of $251,830 from this reporting period one year ago. The cumulative days on market (CDOM) for active residential listings in Cooper Commons was 58 days through the month of August, showing a 9.4% advance above the average in comparison to this time period one year ago. Residences for sale are staying on the market longer this year on average.

Sam Lawmaster is a Chandler real estate agent and market specialist. Market statistics provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive the most current Cooper Commons real estate information or to obtain a complimentary evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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