Kerby Estates Chandler AZ Rises 71% in Residential Sales

As of August 31, 2015, the Kerby Estates development in Chandler Arizona recorded a total of 12 homes sold year to date as the average closed sales price of $389,013 posted a gain of 4.5% over the average price of $372,429 from the same time range during 2014. The total volume of sold residential listings in Kerby Estates reported a 71.4% gain over the same time range during 2014, which saw a volume of 7 property sales, a year-over-year net increase of 5 closed sales transactions. The 300,000-399,999 price bracket reported one of the greatest numbers of closed sales this year with 6 completed purchases.

Listed Homes Rise 5%. Kerby Estates reported a total of 21 active home listings in 2015 through the month of August. The 300,000-399,999 price range recorded one of the greatest numbers of residences for sale at 13 units listed. When compared to the same reporting period a year ago, which showed 20 homes for sale, Kerby Estates had a 5% gain in the total amount of active listings, a year-over-year rise of 1 residential property. The area's average year-to-date active list price of $387,652 was an increase of 1.7% above the average price of $381,125 from the same time period a year ago. The cumulative days on market for actively listed for sale homes in Kerby Estates was 79 days through the month of August, showing a 29.5% increase compared to the same period last year. Listed for sale homes are taking more time to sell this year on average.

Information supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most recent Kerby Estates real estate information or to request a complimentary evaluation of your property, please call Chandler Realtor Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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