Chandler AZ April 2016 Housing Market Report ~ Phoenix East Valley Real Estate

April 2016 Chandler AZ Real Estate Market Highlight:

Active listing (Inventory) had Decreased 26.8% from March 2016
April 2016 Average Sold Price for Single Family Home in Chandler was $314,380, that was 0.3% Increased from March
Median Sold Price in April was $275,000 and had Increased 2.6% from March 2016
98% of Single Family Detached Homes sold in April 2016 are Traditional Sale
April 2016 Most expensive home sold in Chandler AZ was sold for $960,000 Click here to view

Chandler AZ April 2016 Housing Market Trends

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Here are Chandler AZ Real Estate – Single Family Detached Home statistics for April 2016. 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.

April 2016 Chandler AZ Closed Sales Report Analysis
In April 2016, we saw a 10.9% increased in the number of Single Family Homes Sold compared to the prior month. The statistics show that we only had 447 residential Single Family Detached Homes sold in April 2016 in Chandler AZ compared to 403 in February 2016. This compares to 382 closed sales in April of 2015.

The Days on Market (DOM) in April is same as in March respectively. It average took 70 days to get a home sold in Chandler AZ in April 2016.

April 2016 Chandler AZ Average Sold Price Analysis
April 2016 Average Sold Price for Single Family Detached Homes Sold in Chandler AZ was $314,380. This Average Sold Price had increased 0.3% from March 2016. Compare to a year ago at $295,443, it had appreciated 6.4% from a year ago.

The average sold price per sq/ft in Chandler April 2016 was $149 per sq/ft. This compare to $147 per sq/ft in March and $134 per sq/ft in April 2015.

April 2016 Chandler Average Sold Price was $314,380.

Click here to View Real Estate Listing & Homes for Sale Under $300,000 in Chandler AZ

Chandler AZ April 2016 Median Sold Price Analysis
Median Sold Price in April 2016 for Single Family Detached Homes in Chandler AZ was $275,000, compare to to $268,000 in March. That's about 2.6% increased from prior month. Compare to a year ago, April 2015 Median Sold Price in Chandler was $267,000, that was about 3.0% appreciation.

Based on the numbers from the statistic, buyer is paying more to buy a home from a 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.

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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