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

Chandler AZ Housing Market Trends April 2015

Posted on May 13, 2015

April 2015 Chandler AZ Real Estate Market Highlight:

Active listing (Inventory) has Increased 2.0% from March 2015
Average Sold price has Decreased 3.9% from March 2015
95% of Single Family Detached Homes sold in April 2015 are Traditional Sale
Most expensive home sold in April 2015 in Chandler was sold for $1,075,000 Click here to view

Chandler AZ Housing Market Trends April 2015

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

Closed Sales Report Analysis:
We saw a 4.4% increase in the number of closed sales in April 2015 compared to the prior month. The statistics show that we had 382 residential Single Family Detached Homes sold in April 2015 in Chandler compared to 366 in March 2015. This compares to 371 closed sales in April of last year. In today’s market sellers need to continue to be diligent in pricing and staging their homes for sale.

Average Sold Price Analysis:
April 2015 Average Sold Price for Single Family Detached Homes in Chandler is $295,443. This Average Sold Price has decreased 3.9% from March 2015. This is because most expensive home sold in March 2015 was sold for $1,075,000, whereas most expensive home sold in March was $1,850,000. 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.