Rancho Del Ray in Chandler Properties For Sale Record 18% Drop

The Rancho Del Ray neighborhood in Chandler AZ has seen a total of 27 active residences for sale during 2015 through August 31, and the 200,000-249,999 price category showed one of the greatest numbers of residences for sale with 11. Compared to this reporting period a year ago, which showed 33 for sale homes, Rancho Del Ray reported an 18.2% reduction in the total number of active residential listings, a year-over-year net decrease of 6 residential homes. The year-to-date average active list price of $219,058 was 4.9% higher than the average listed price of $208,768 from the same time range one year ago. The average days on market for active residential listings in Rancho Del Ray was 38 days through August, showing a 40.6% reduction compared to the same period a year ago. Listed properties are on the market less time this year on average.

Properties Sold Record 18% Rise. By the end of August, Rancho Del Ray saw 20 residences sold year to date, and the average closed sales price of $215,356 posted a net gain of 4.2% from the same time range during 2014. The overall amount of sold residential listings in Rancho Del Ray recorded a 17.6% gain when compared to this reporting period during 2014, which reported a volume of 17 sold homes, a year-over-year rise of 3 completed sales transactions. The 180,000-199,999 price bracket reported one of the largest numbers of sales this year at 7 completed transactions.

Data courtesy of ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most recent Rancho Del Ray real estate info or to obtain a complimentary evaluation of your current property, please call Chandler real estate listing specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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