Chandler AZ Housing Market Update August 2015

August 2015 Chandler AZ Real Estate Market Highlight:

Active listing (Inventory) had Increased 19.9% from July 2015
August 2015 Average Sold Price was $295,562 and had Decreased 2.7% from July 2015
August 2015 Median Sold Price was $269,000 and had Decreased 1.3% from July 2015
98% of Single Family Detached Homes sold in August 2015 are Traditional Sale
Most expensive home sold in August 2015 in Chandler AZ was sold for $1,050,000 Click here to view

Here are Chandler AZ Real Estate – Single Family Detached Home statistics for August 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 August 2015 Closed Sales Report Analysis:
We saw a 6.3% decrease in the number of closed sales in August 2015 compared to the prior month. The statistics show that we had 359 residential Single Family Detached Homes sold in August 2015 in Chandler AZ compared to 483 in July 2015. This compares to 351 closed sales in August of 2014. We also saw 23.1% increase in Day on Market (DOM) from July 2015. It average took 64 days to get a home sold in Chandler AZ in August 2015.

Chandler AZ August 2015 Average Sold Price Analysis:
August 2015 Average Sold Price for Single Family Detached Homes Sold in Chandler AZ was $295,562. This Average Sold Price has decreased 2.7% from July 2015. This is because there was only 1 over millions dollars homes sold in August 2015 compare to 2 in July. 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.

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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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 Phoenix AZ area, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

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Chandler AZ Housing Market Update August 2015

Chandler AZ Housing Market Update August 2015

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