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February 2020 Chandler AZ Housing Market Update

Chandler AZ Real Estate Housing Market Update

Chandler AZ Real Estate Housing Market Update

📈 February 2020 Chandler AZ Housing Market Trends Report, Statistics and House Value

Here are February 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 provided by the FlexMLS system.

February 2020 Chandler AZ Housing Market Trends Report Update Highlight
  • New listings had decreased about 5.1% compare from February 2019
  • February 2020 average sold price for single family home in Chandler was $418,023, that is about 13.1% increased from a year ago
  • Chandler AZ single family home median sold price in February was $365,000, that is about 12.3% increased from February 2019
  • Almost all of Single Family Homes sold in February 2020 are Traditional Sale
  • Most expensive home sold in February 2020 Chandler AZ was sold for $2,821,500

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February 2020 Chandler AZ Closed Sales Report Analysis

Based February 2020 statistic, we saw 295 single family homes sold in Chandler AZ compare to 254 in February 2019. That is about 12.3% increased of number of homes sold from a year ago.

The Days on Market (DOM) in February 2020 was 52 days compare to 63 days in February 2019. It average took only 52 days to get a single family home in Chandler AZ sold in February 2020.

Chandler AZ February 2020 Median Sold Price Analysis

February 2020 median sold price for single family homes in Chandler AZ was $365,000. Median sold price in February 2019 was $325,000. Compare to a year ago, the median sold price for single family home in Chandler is about 12.3% increased from February 2019.

February 2020 Chandler Median Sold Price was $365,000
Click here to View Homes for Sale in Chandler Under $350,000

2020 February Chandler AZ Average Sold Price Analysis

Average sold price for single family homes in February 2020 was $418,023. Compare to last year, average sold price was $369,564. The average sold price for single family home in Chandler AZ had increased about 13.1% from February 2019.

There are six million dollars homes listing sold in February 2020 in Chandler AZ.

February 2020 Chandler Average Sold Price was $418,023
Click here to View Homes for Sale in Chandler Under $400,000

2020 February Average Sold Price Per SQFT

The average price per square feet for single family home in Chandler in February 2020 is $190 per square feet.

February 2020 average Sold Price per square feet was $190
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.

Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

February 2020 Housing Market Report by Chandler AZ zip code

Chandler AZ zip code Median Sold Price Average Sold Price
Chandler AZ 85224 $325,000 $323,719
Chandler AZ 85225 $305,000 $323,998
Chandler AZ 85226 $340,000 $355,398
Chandler AZ 85248 $463,500 $644,266
Chandler AZ 85249 $443,500 $486,767
Chandler AZ 85286 $385,000 $416,704

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.

What my Chandler AZ Homes is Worth?

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.

New Listing in Last 24 Hours Chandler AZ

Homes for Sale Chandler AZ
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
New Construction Homes for SaleHomes with Pool for Sale
Single Story Homes for SaleWaterfront Homes for Sale
Golf Course Lot Homes for SaleGated Community Homes for Sale
Homes with Guest HouseNO HOA Homes for Sale
Just Reduced Price Homes for SaleRecently Sold Homes

Just Reduced Price Homes for Sale Chandler AZ

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We would love the opportunity to help you for your real estate needs in Phoenix area! ☎️ Call or 📱 text us at 480-721-6253 today.

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Summary
Article Name
February 2020 Chandler AZ Housing Market Update
Description
February 2020 Chandler AZ Housing Market Update, Statistics and House Value. Average sold price for single family home in Chandler was $418,023, that is about 13.1% increased from a year ago.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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