📈 August 2020 Chandler AZ Housing Market Trends Report, Statistics and House Value
Here are August 2020 Chandler AZ Housing Market Update for Single Family Home. 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 as 9/4/2020, provided by the FlexMLS system.
- New listings homes for sale had increased about 7.9% compare from August 2019
- August 2020 average sold price for single family home in Chandler was $439,618, that is about 13.5% increased from a year ago
- Chandler AZ single family home median sold price in August was $410,000, that is about 17.1% increased from August 2019
- Almost all of Single Family Homes sold in August 2020 are traditional sale
- Most expensive home sold in August 2020 Chandler AZ was sold for $1,255,000
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August 2020 Chandler AZ Closed Sales Report Analysis
Based August 2020 statistic, we saw 372 single family homes sold in Chandler AZ compare to 377 in August 2019. That is about 1.3% decreased of number of homes sold from a year ago.
The Days on Market (DOM) in August 2020 was 37 days compare to 48 days in August 2019. It average took only 37 days to get a single family home in Chandler AZ sold in August 2020.
Chandler AZ August 2020 Median Sold Price Analysis
August 2020 median sold price for single family homes in Chandler AZ was $410,000. Median sold price in August 2019 was $350,000. Compare to a year ago, the median sold price for single family home in Chandler is about 17.1% increased from August 2019.
Click here to View Homes for Sale in Chandler Under $385,000
2020 August Chandler AZ Average Sold Price Analysis
Average sold price for single family homes in August 2020 was $439,618. Compare to last year, average sold price was $387,251. The average sold price for single family home in Chandler AZ had increased about 13.5% from August 2019.
There is only one million dollars homes listing sold in August 2020 in Chandler AZ.
Click here to View Homes for Sale in Chandler Under $425,000
2020 August Average Sold Price Per SQFT
The average price per square feet for single family home in Chandler in August 2020 is $201 per square feet.
Click here to View Homes for Sale in Chandler Under $150 per square feet
Based on the median sold price and average sold price statistic, buyer is paying more when buying single family home in Chandler compare to one 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.
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 2020 Housing Market Report by Chandler AZ zip code
| Chandler AZ zip code | Median Sold Price | Average Sold Price |
| Chandler AZ 85224 | $330,000 | $351,091 |
| Chandler AZ 85225 | $339,500 | $347,894 |
| Chandler AZ 85226 | $398,250 | $404,297 |
| Chandler AZ 85248 | $529,950 | $560,006 |
| Chandler AZ 85249 | $477,750 | $517,620 |
| Chandler AZ 85286 | $416,500 | $439,112 |
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.
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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