Chandler June 2015 Housing Market Trends ~ Phoenix East Valley Real Estate

Chandler AZ June 2015 Housing Market Trends

Posted on July 17, 2015

June 2015 Chandler AZ Real Estate Market Highlight:

Active listing (Inventory) has Decreased 2.4% from May 2015
Average Sold price has Increased 0.6% from May 2015
Median Sold Price has Increased 0.5% from May 2015
96% of Single Family Detached Homes sold in June 2015 are Traditional Sale
Most expensive home sold in June 2015 in Chandler was sold for $1,100,000 Click here to view

Chandler AZ June 2015 Housing Market Trends

Here are Chandler AZ Real Estate – Single Family Detached Home statistics for June 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 June 2015 Closed Sales Report Analysis:
We saw a 12.0% increase in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 449 residential Single Family Detached Homes sold in June 2015 in Chandler AZ compared to 401 in May 2015. This compares to 355 closed sales in June of last year. We also saw 8.5% decrease in Day on Market (DOM) from May 2015. It average took 65 days to get a home sold in Chandler AZ in June 2015.

Chandler AZ June 2015 Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Chandler AZ is $315,210. This Average Sold Price has increased 0.6% from May 2015. This is because there were 43 homes that are over $500,000 sold in June 2015 compare to 31 in May. 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.

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Swee Ng, Realtor Keller Williams Realty Sonoran Living 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.