Chandler AZ 2016 May Real Estate Market Highlight:
- Active listing (Inventory) had Increased 32.0% from April 2016
- 2016 May Average Sold Price for Single Family Home in Chandler was $315,027, that was 0.2% Increased from April
- Median Sold Price in April was $287,000 and had Increased 4.4% from April 2016
- 96% of Single Family Detached Homes sold in May 2016 are Traditional Sale
- Most expensive home sold in May 2016 Chandler AZ was sold for $955,000 Click here to view
Here are Chandler AZ Real Estate – Single Family Detached Home statistics for May 2016. 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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May 2016 Chandler AZ Closed Sales Report Analysis
In May 2016, we saw a 2.0% increased in the number of Single Family Homes Sold compared to the prior month. The statistics show that we only had 456 residential Single Family Detached Homes sold in May 2016 in Chandler AZ compared to 447 in April 2016. This compares to 401 closed sales in May of 2015.
The Days on Market (DOM) in May was 63 in May compare to 70 in April. It average took 63 days to get a home in Chandler AZ sold in May 2016.
| Chandler AZ Zipcode | Median Sold Price | Average Sold Price |
| Chandler AZ 85224 | $238,000 | $252,555 |
| Chandler AZ 85225 | $247,125 | $257,096 |
| Chandler AZ 85226 | $259,000 | $295,091 |
| Chandler AZ 85248 | $300,000 | $316,850 |
| Chandler AZ 85249 | $340,000 | $377,275 |
| Chandler AZ 85286 | $316,000 | $333,825 |
May 2016 Chandler AZ Average Sold Price Analysis
Average Sold Price for Single Family Detached Homes in May 2016 was $315,270. This Average Sold Price had increased 0.2% from April 2016. Compare to a year ago at $313,232, it had increased about 0.7% from a year ago.
The average sold price per sq/ft in Chandler May 2016 was $149 per sq/ft. This average price per sq/ft was same as prior month. May 2015 average sold price per sq/ft was $141 per sq/ft.
Chandler AZ May 2016 Median Sold Price Analysis
Median Sold Price in May 2016 for Single Family Detached Homes in Chandler AZ was $287,000, compare to to $275,000 in April. That’s about 4.4% increased in a month. Compare to a year ago, May 2015 Median Sold Price in Chandler was $277,500, that was about 3.4% appreciation.
Based on the numbers from the statistic, buyer is paying more money to buy a home from a year ago.
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 Home Price 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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Chandler AZ New Listing Homes for Sale
Chandler AZ Homes for Sale by zipcode
Real Estate Listings & Homes for Sale Chandler AZ 85224
Real Estate Listings & Homes for Sale Chandler AZ 85225
Real Estate Listings & Homes for Sale Chandler AZ 85226
Real Estate Listings & Homes for Sale Chandler AZ 85248
Real Estate Listings & Homes for Sale Chandler AZ 85249
Real Estate Listings & Homes for Sale Chandler AZ 85286
Chandler AZ Homes for Sale by Price Range
Homes for Sale Under $200,000 Chandler AZ
Homes for Sale $200,000 – $300,000 Chandler AZ
Homes for Sale $300,000 – $400,000 Chandler AZ
Homes for Sale $400,000 – $500,000 Chandler AZ
Homes for Sale $500,000 – $600,000 Chandler AZ
Homes for Sale $600,000 – $700,000 Chandler AZ
Homes for Sale $700,000 – $800,000 Chandler AZ
Homes for Sale $800,000 – $900,000 Chandler AZ
Homes for Sale $900,000 – $1,000,000 Chandler AZ
Homes for Sale Over $1,000,000 Chandler AZ
Specialty Homes For Sale Chandler AZ
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Townhouse for Sale Chandler AZ
Homes for Rent in Chandler AZ
Chandler AZ Real Estate Deals:
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If you are looking to buy or sell your home in Chandler AZ, I would the the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation.
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