August 2018 Chandler AZ Real Estate Housing Market Trends Report, Statistics and House Value
Here are Chandler AZ Real Estate – Single Family Detached Home statistics for August 2018. 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.
- New listing had decreased about 3.5% from August 2017
- August 2018 average sold price for single family home in Chandler was $364,418, that is about 4.1% appreciation from a year ago
- Median sold price in August was $336,000, that is about 10.2% Increased from August 2017
- Almost all of Single Family Detached Homes sold in August 2018 are Traditional Sale
- Most expensive home sold in August 2018 Chandler AZ was sold for $1,236,900
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August 2018 Chandler AZ Closed Sales Report Analysis
In August 2018, we saw 396 single family homes sold in Chandler AZ compare to 388 in August 2017.
The Days on Market (DOM) in August was 47 days compare to 57 days in August 2017. It average took only 47 days to get a single family home in Chandler AZ sold in August 2018.
Chandler AZ August 2018 Median Sold Price Analysis
August 2018 median sold price for single family homes in Chandler AZ was $336,000. Median sold price in August 2017 was $305,000. Compare to a year ago, that is just about 10.2% appreciation from August 2017.
Click here to View Homes for Sale in Chandler Under $320,000
2018 August Chandler AZ Average Sold Price Analysis
Average sold price for single family homes in August 2018 was $364,418. Compare to last year, average sold price was $350,047. The average sold price had increased about 4.1% from August 2107. There are 1 million million dollars home listings sold in August 2017 in Chandler AZ.
Click here to View Homes for Sale in Chandler Under $350,000
The average price per square feet for single family home in Chandler in August 2018 is $171 per square feet.
Based on the numbers from the statistic, buyer is paying more money to buy a home from a year ago.
Also Read: How rising interest rates will impact housing affordability?
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.
If you are considering buying a home in Chandler there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.
August 2018 Housing Market Report by Chandler AZ zipcode
| Chandler AZ Zipcode | Median Sold Price | Average Sold Price |
| Chandler AZ 85224 | $285,000 | $313,701 |
| Chandler AZ 85225 | $278,000 | $284,937 |
| Chandler AZ 85226 | $366,750 | $395,776 |
| Chandler AZ 85248 | $360,000 | $383,257 |
| Chandler AZ 85249 | $407,700 | $418,396 |
| Chandler AZ 85286 | $357,500 | $372,934 |
Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Chandler AZ with a low down payment.
Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
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.
New Listing Homes for Sale Chandler AZ
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Swee Ng, Realtor in Phoenix East Valley 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 or surrounding area, I would the the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.
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