Real Estate Market Update for 85224 (Chandler, AZ)

Video: Real Estate Community Tour for 85224 (Chandler, AZ)

See Real estate community tour for 85224 (Chandler, AZ)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 2% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 31%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 240-thousand dollars. The number of units sold increased 8% year-over-year, and decreased 9% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 85224 (Chandler, AZ)
Area Information for 85224 (Chandler, AZ)
  • Population: 45,657
  • Median Age: 35.74 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 4,866/sq mi
  • Population Change Since 2000: 5.34%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: International Baptist College
  • Closest Jr. College: Golf Academy Of America
  • Median Household Income: $62,611
  • Annual Residential Turnover: 23%
  • Median Home Sales Price: $203,013
  • Closest Major Sports Team: Azl Cubs (r)
  • Change Avg. Household Income Since 2000: 16.21%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85224 (Chandler, AZ)
Median Age: 35.74 Married: 38% Number of Households: 18,727 Households with Children: 5,550
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85224 (Chandler, AZ)

      School Name Distance Type Grades School Rating Parent Rating
      John M Andersen Elementary School 0.4 mi Public K-5 2 0
      Hope Christian Academy 0.5 mi Private K-8 0 0
      John M Andersen Junior High School 0.5 mi Public 6-8 3 0
      Seton Catholic Prepatory 0.5 mi Catholic 9-12 0 4
      Desert Jewish Academy 0.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Montessori Day Public Schools Chartered - Tempe 0.8 mi Public PRESCHOOL-6 4 0
      Great Hearts Academies - Archway Chandler 0.8 mi Public K-12 5 0
      Arizona College Prep - Erie Campus 1.0 mi Public 7-12 5 4
      Bright Beginnings School #1 1.1 mi Public PRESCHOOL-6 5 0
      Cta Goodman Elementary 1.2 mi Public K-6 5 0
      A Ball Charter School - Dobson Academy 1.2 mi Public K-8 4 0
      Pomeroy Elementary School 1.4 mi Public K-6 3 0
      Sonoran Science Academy - Ahwatukee 1.6 mi Public K-6 3 0
      Daisy Education - Paragon Science Academy 1.6 mi Public K-12 5 0
      Desert Sun Child Development Center 1.8 mi Private PRESCHOOL-K 0 0
      Primavera - Online 1.9 mi Public 6-12 1 4
      Dr Howard K Conley Elementary School 1.9 mi Public PRESCHOOL-6 2 0
      Summit Academy K-6 2.1 mi Public K-8 4 0
      Jordan Elementary School 2.3 mi Public PRESCHOOL-PRESCHOOL 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 85224 (Chandler, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.