October 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 October 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 increased about 2.8% from October 2017
- October 2018 average sold price for single family home in Chandler was $360,028, that is about 6.2% appreciation from a year ago
- Median sold price in October was $333,750, that is about 8.0% Increased from October 2017
- About 99% of Single Family Detached Homes sold in October 2018 are Traditional Sale
- Most expensive home sold in October 2018 Chandler AZ was sold for $1,250,000
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October 2018 Chandler AZ Closed Sales Report Analysis
In October 2018, we saw 330 single family homes sold in Chandler AZ compare to 321 in October 2017.
The Days on Market (DOM) in October was 46 days compare to 51 days in October 2017. It average took only 46 days to get a single family home in Chandler AZ sold in October 2018.
Chandler AZ October 2018 Median Sold Price Analysis
October 2018 median sold price for single family homes in Chandler AZ was $333,750. Median sold price in October 2017 was $309,000. Compare to a year ago, that is just about 8.0% appreciation from October 2017.
Click here to View Homes for Sale in Chandler Under $325,000
2018 October Chandler AZ Average Sold Price Analysis
Average sold price for single family homes in October 2018 was $360,028. Compare to last year, average sold price was $338,911. The average sold price had increased about 6.2% from October 2107.
Click here to View Homes for Sale in Chandler Under $350,000
There are three million million dollars home listings sold in October 2017 in Chandler AZ.
The average price per square feet for single family home in Chandler in October 2018 is $173 per square feet.
Click here to View Homes for Sale in Chandler Under $150 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.
October 2018 Housing Market Report by Chandler AZ zipcode
Chandler AZ Zipcode | Median Sold Price | Average Sold Price |
Chandler AZ 85224 | $269,900 | $289,984 |
Chandler AZ 85225 | $270,000 | $285,055 |
Chandler AZ 85226 | $297,500 | $325,136 |
Chandler AZ 85248 | $425,000 | $484,037 |
Chandler AZ 85249 | $398,000 | $419,818 |
Chandler AZ 85286 | $379,000 | $400,702 |
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.
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