Willis Ranch Chandler AZ Houses Sold Show 62% Uptick

Through August, the Willis Ranch development in Chandler, AZ reported 21 residential listings sold year to date as the average closed sales price of $270,676 showed a net rise of 11.6% from this time period one year ago. Compared to the same period in 2014, which recorded 13 properties sold, Willis Ranch showed a 61.5% gain in overall volume of sold listings, a net gain 8 closed transactions. The 200,000-249,999 price category saw one of the largest numbers of completed sales this year with 7 completed transactions.

Listings Post 13% Drop. Willis Ranch recorded a total of 26 actively listed properties so far in 2015 through the end of August. Reporting 8 homes for sale the 300,000-399,999 price bracket saw one of the greatest numbers of properties. The overall active listings inventory in Willis Ranch saw a 13.3% drop compared to the same time range during 2014, which had 30 residences for sale, a net decline of 4 homes. The area's average active listed price year to date posted a net rise of 12.9% when compared to the same period a year ago, rising to $307,481. Residences for sale are on the market longer this year on average. In comparison to this reporting period during 2014, the cumulative days on market (CDOM) for active home listings for sale in Willis Ranch was 91 days, an advance of 71.7%.

Sam Lawmaster is a Chandler REALTOR and listing specialist. Data provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most current Willis Ranch 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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