Chandler Zip 85224 Property Prices Post 6% Uptick

As of October 31, 2015, 85224 showed a total of 567 residential listings sold year to date, and the average sales price of $218,299 posted a net advance of 6.0% from this period one year ago. The overall amount of sold listings in 85224 reported a 5.4% increase when compared to this period during 2014, which posted 538 houses sold, a year-to-year increase of 29 completed sales. The 200,000-249,999 price range saw one of the largest numbers of homes sales this year with 182 closed transactions.

Homes For Sale See 6% Drop. 85224 has seen 773 active for sale properties during 2015 through the end of October, and the 200,000-249,999 price category posted one of the largest numbers of homes for sale with 262 units listed. In comparison to the same time period last year, which saw 818 for sale homes, 85224 reported a 5.5% decrease in the overall active residential listings inventory, a year-over-year decline of 45 units. The year-to-date average active list price of $230,053 saw an increase of 2.7% over the average listed price of $223,991 from this period a year ago. Listed for sale homes are on the market less time this year on average. Compared to the same time range a year ago, the cumulative days on market for active property listings in 85224 was 54 days, a drop of 1.8%.

Market statistics supplied by ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive the most current local real estate info or to request a free no obligation evaluation of your current property, please call 85224 real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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