Pinelake Estates in Chandler Active Houses For Sale Show 26% Uptick

Through August 2015, the Pinelake Estates subdivision in Chandler, Arizona has seen a total of 24 active properties for sale this year. With 14 houses for sale the 550,000-749,999 price bracket reported one of the greatest numbers of properties. The total inventory of active residential listings in Pinelake Estates had a 26.3% gain from the same time period a year ago, which had 19 for sale properties, a year-to-year increase of 5 homes. The area's year-to-date average active list price of $597,152 posted a reduction of 6.9% below the average list price of $641,621 from the same period in 2014. Listed homes are taking longer to sell this year on average. In comparison to this period last year, the cumulative days on market for active home listings in Pinelake Estates was 78 days, a gain of 20.0%.

House Sales Report 22% Rise. Pinelake Estates has seen a total of 11 residential properties sold year to date through the month of August 2015. The average price of $637,823 increased 14.0% from this period last year. The total amount of sold listings in Pinelake Estates saw a 22.2% increase from the same time period a year ago, which reported a volume of 9 houses sold, a year-over-year net gain of 2 closed sales transactions. The 550,000-749,999 price bracket reported one of the highest numbers of homes sales this year at 8 completed purchases.

Sam Lawmaster is a Chandler REALTOR who specializes in residential listings. Market data courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current Pinelake Estates real estate info or to request a free evaluation of your current property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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