Chandler AZ Real Estate Update September 2015

September 2015 Chandler AZ Real Estate Market Highlight:

Chandler AZ Active listing (Inventory) had Increased 4.4% from August 2015
Chandler AZ September 2015 Average Sold Price was $303,092 and had Increased 2.5% from August 2015
September 2015 Median Sold Price was $262,000 and had Decreased 2.6% from August 2015
95% of Single Family Detached Homes sold in September 2015 are Traditional Sale
Most expensive home sold in September 2015 in Chandler AZ was sold for $1,075,000 Click here to view

Here are Chandler AZ Real Estate – Single Family Detached Home statistics for September 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Chandler AZ provided by the FlexMLS system.

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Chandler AZ September 2015 Closed Sales Report Analysis
We saw a 0.3% decrease in the number of closed sales in September 2015 compared to the prior month. The statistics show that we had 358 residential Single Family Detached Homes sold in September 2015 in Chandler AZ compared to 359 in August 2015. This compares to 321 closed sales in September of 2014. We also saw 3.1% increase in Day on Market (DOM) from August 2015. It average took 66 days to get a home sold in Chandler AZ in September 2015.

Chandler AZ September 2015 Average Sold Price Analysis
September 2015 Average Sold Price for Single Family Detached Homes Sold in Chandler AZ was $303,092. This Average Sold Price has increased 2.5% from August 2015. This is because there was 25 over $500,000 homes sold in September compare to 24 in August 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be increased.

Chandler AZ September 2015 Median Sold Price Analysis
September 2015 Median Sold Price for Single Family Detached Homes in Chandler AZ was $262,000, compare to to $269,000 in August 2015. Based on the number of homes sold and median sold price, we can see that the housing market in Chandler AZ are stable, at least for the last 2 months.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Selling your home in Chandler AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Chandler AZ House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

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If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

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