Chandler AZ July 2015 Housing Market Update ~ Phoenix East Valley Real Estate

Chandler AZ Housing Market Trends July 2015

July 2015 Chandler AZ Real Estate Market Highlight:

Active listing (Inventory) has Decreased 15.2% from June 2015
Average Sold Price has Decreased 3.6% from June 2015
Median Sold Price has Decreased 2.3% from June 2015
97% of Single Family Detached Homes sold in July 2015 are Traditional Sale
Most expensive home sold in July 2015 in Chandler was sold for $1,225,000 Click here to view

Chandler AZ Housing Market Trends July 2015

Here are Chandler AZ Real Estate – Single Family Detached Home statistics for July 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 July 2015 Closed Sales Report Analysis:
We saw a 12.0% decrease in the number of closed sales in July 2015 compared to the prior month. The statistics show that we had 383 residential Single Family Detached Homes sold in July 2015 in Chandler AZ compared to 449 in June 2015. This compares to 337 closed sales in July of last year. We also saw 20.0% decrease in Day on Market (DOM) from June 2015. It average took 52 days to get a home sold in Chandler AZ in July 2015.

Chandler AZ July 2015 Average Sold Price Analysis:
July 2015 Average Sold Price for Single Family Detached Homes in Chandler AZ is $303,765. This Average Sold Price has decreased 3.6% from June 2015. This is because there were 2 over millions dollars homes sold in July 2015 compare to 1 in June. 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.