About Chandler Arizona Homes
Beautiful Chandler Arizona Homes are found South of Scottsdale and below Mesa, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
We can currently see (607) homes available in Chandler today.
August Property sales were 466, up 7.6% from 433 in August of 2017 and 2.4% higher than the 455 sales last month. August 2018 sales were at their highest level compared to August of 2017 and 2016. August YTD sales of 3,570 are running 1.5% ahead of last year’s year-to-date sales of 3,516.
The Median Sales Price in August was $319,900, up 10.7% from $289,000 in August of 2017 and up 4.0% from $307,500 last month. The Average Sales Price in August was $342,729, up 3.0% from $332,697 in August of 2017 and down 2.8% from $352,616 last month. August 2018 ASP was at the highest level compared to August of 2017 and 2016.
The Total Inventory of Properties available for sale as of August was 737, up 18.3% from 623 last month and up 2.8% from 717 in August of last year. August 2018 Inventory was at a mid level compared with August of 2017 and 2016.
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for August was 34, up 13.3% from 30 days last month and down 10.5% from 38 days in August of last year. The August 2018 DOM was at its lowest level compared with August of 2017 and 2016.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The August 2018 Selling Price per Square Foot of $171 was up 0.9% from $169 last month and up 8.2% from 158 in August of last year.
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The August 2018 Selling Price vs Original List Price of 97.6% was down from 97.7% last month and up from 97.5% in August of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate advisor if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Corey Frederic –
Coldwell Banker Residential Brokerage