Twelve Oaks Chandler AZ Active Listed Homes Post 8% Uptick

As of August 2015, the Twelve Oaks development in Chandler AZ reported 40 active residences for sale this year, and the 200,000-249,999 price category showed one of the greatest numbers of residences for sale at 14 units. In comparison to the same time period one year ago, which reported 37 for sale homes, Twelve Oaks showed an 8.1% rise in the overall inventory of active listings, a net rise of 3 properties. The area's average active listed price year to date of $235,742 recorded a gain of 1.2% over the average list price of $232,964 from the same time period a year ago. Residential listings require more time to sell this year on average. Compared to the same reporting period during 2014, the cumulative days on market (CDOM) for active houses for sale in Twelve Oaks was 55 days, a rise of 12.2%.

Home Sales Report 8% Rise. Twelve Oaks reported a total of 27 residential property sales year to date through the end of August 2015 as the average closed sales price of $217,693 was a decrease of .9% from the average price of $219,764 from the same reporting period during 2014. The overall number of sold listings in Twelve Oaks posted an 8% gain compared to the same period last year, which showed a volume of 25 homes sold, a year-over-year advance of 2 sales. The 200,000-249,999 price bracket saw one of the highest numbers of sales this year with 12 completed purchases.

Sam Lawmaster is a Chandler REALTOR and listing specialist. Info supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most recent Twelve Oaks real estate market info or to obtain a free evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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