December 2015 Chandler Housing Market Update

Swee Ng

8 years ago

Chandler AZ Real Estate December 2015 Market Highlight:

Chandler AZ Active listing (Inventory) had Decreased 22.1% from November 2015
December 2015 Average Sold Price in Chandler was $308,284, that was 6.4% Increased from November.
December 2015 Median Sold Price was $265,000 and had Increased 3.9% from November 2015
94% of Single Family Detached Homes sold in December 2015 are Traditional Sale
Most expensive home sold in December 2015 in Chandler AZ was sold for $999,000 Click here to view

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Here are Chandler AZ Real Estate Single Family Detached Home statistics for December 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.

December 2015 Chandler AZ Closed Sales Report Analysis
In December 2015, we saw a 55.7% increase in the number of Single Family Homes Sold compared to the prior month. The statistics show that we had 341 residential Single Family Detached Homes sold in December 2015 in Chandler AZ compared to 219 in November 2015. This compares to 288 closed sales in December of 2014. We also saw increase of 7.4% in Day on Market (DOM) from November 2015. It average took 73 days to get a home sold in Chandler AZ in December 2015.

Chandler AZ December 2015 Average Sold Price Analysis
December 2015 Average Sold Price for Single Family Detached Homes Sold in Chandler AZ was $308,284. This Average Sold Price had increased 6.4% from November 2015. The most expensive home in Chandler sold in December 2015 was sold at $999,000. 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.

December 2015 Chandler Average Sold Price was $308,284. Click here to View Chandler Real Estate Listing & Homes Under $300,000 for Sale in Chandler

Chandler AZ December 2015 Median Sold Price Analysis
Median Sold Price in December 2015 for Single Family Detached Homes in Chandler AZ was $265,000, compare to to $255,000 in November 2015. That’s about 3.9% increased from prior month. Based on the number of homes sold and median sold price, we can see that the housing market in Chandler AZ are stable.

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 todays market.

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Chandler AZ Real Estate Deals:
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Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

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.