Chandler AZ November 2015 Housing Market Trends

Swee Ng

9 years ago

Chandler AZ Real Estate November 2015 Market Highlight:

Chandler AZ Active listing (Inventory) had Increased 5.5% from October 2015
Chandler AZ Average Sold Price in November 2015 was $289,849 and almost same as in October 2015
November 2015 Median Sold Price was $255,000 and had Decreased 1.5% from October 2015
94% of Single Family Detached Homes sold in November 2015 are Traditional Sale
Most expensive home sold in November 2015 in Chandler AZ was sold for $975,000 Click here to view

Here are Chandler AZ Real Estate Single Family Detached Home statistics for November 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 November 2015 Closed Sales Report Analysis
In November 2015, we saw a 25.3% decrease in the number of closed sales in compared to the prior month. The statistics show that we had 219 residential Single Family Detached Homes sold in November 2015 in Chandler AZ compared to 293 in October 2015. This compares to 229 closed sales in November of 2014. We also saw increase of 11.5% in Day on Market (DOM) from October 2015. It average took 68 days to get a home sold in Chandler AZ in November 2015.

Chandler AZ November 2015 Average Sold Price Analysis
November 2015 Average Sold Price for Single Family Detached Homes Sold in Chandler AZ was $289,849. This Average Sold Price was almost same as for October 2015. The most expensive home in Chandler sold in November 2015 was sold at $975,000. 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.

Chandler AZ November 2015 Median Sold Price Analysis
Median Sold Price in November 2015 for Single Family Detached Homes in Chandler AZ was $255,000, compare to to $259,000 in October 2015. 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 House Value 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 Homes for Sale by Price Range
Chandler AZ Homes Under $100,000 for Sale
Chandler AZ Homes $100,000 – $200,000 for Sale
Chandler AZ Homes $200,000 – $300,000 for Sale
Chandler AZ Homes $300,000 – $400,000 for Sale
Chandler AZ Homes $400,000 – $500,000 for Sale
Chandler AZ Luxury Homes $500,000 – $750,000 for Sale
Chandler AZ Luxury Homes $750,000 – $1,000,000 for Sale
Chandler AZ Luxury Homes Over $1,000,000 for Sale

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