Saguaro Canyon Chandler Posts 41.9% Decrease in Home Prices

The Saguaro Canyon neighborhood in Chandler AZ had a total of 14 residential home sales year to date through August 31, 2015. The average closed sales price of $325,521 fell 41.9% below the average price of $560,146 from this reporting period one year ago. The overall amount of sold residential listings in Saguaro Canyon reported a 7.7% increase compared to the same reporting period one year ago, which showed 13 home sales, a net advance of 1 sale. The 300,000-399,999 price bracket had one of the greatest numbers of sales this year with 6 completed purchases.

Houses For Sale Prices Post 31.2% Downturn. As of August, Saguaro Canyon saw a total of 30 active for sale homes in 2015. The 250,000-299,999 price category had one of the largest numbers of homes for sale with 10 properties listed. The overall amount of active residential listings in Saguaro Canyon had a 6.2% decrease from the same reporting period in 2014, which posted 32 for sale homes, a year-over-year decline of 2 listings. The area's year-to-date average active listed price recorded a decrease of 31.2% from the same time range in 2014, falling to $354,713. The average days on market for active listings in Saguaro Canyon was 56 days through August 31. This is a 35.6% reduction from the average in comparison to this period a year ago. Residences for sale are requiring less market time this year on average.

Sam Lawmaster is a Chandler real estate agent who specializes in residential listings. Info provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most current Saguaro Canyon real estate info or to obtain a free no obligation evaluation of your current property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

Search Homes for Sale in Saguaro Canyon on our easy to use MLS real estate search. Get daily email alerts of new homes for sale as they become available plus price changes.


Leave a Reply