Real Estate Market Update for 85225 (Chandler, AZ)

Video: Real Estate Community Tour for 85225 (Chandler, AZ)

See Real estate community tour for 85225 (Chandler, AZ)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 22% from one year earlier, and down 16% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. 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 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 230-thousand dollars. The number of units sold decreased 3% year-over-year, and decreased 10% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 85225 (Chandler, AZ)
Area Information for 85225 (Chandler, AZ)
  • Population: 71,927
  • Median Age: 32.79 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 5,617/sq mi
  • Population Change Since 2000: 8.33%
  • Closest Airport: Phoenix-mesa Gateway
  • Closest College: Ottawa University-tempe-mesa Campus
  • Closest Jr. College: Golf Academy Of America
  • Median Household Income: $56,882
  • Annual Residential Turnover: 23%
  • Median Home Sales Price: $183,000
  • Closest Major Sports Team: Azl Cubs (r)
  • Change Avg. Household Income Since 2000: 18.44%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85225 (Chandler, AZ)
Median Age: 32.79 Married: 34% Number of Households: 25,818 Households with Children: 9,609
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 85225 (Chandler, AZ)

      School Name Distance Type Grades School Rating Parent Rating
      Sanborn Elementary School 0.3 mi Public K-6 2 0
      Shumway Elementary School 0.5 mi Public K-6 2 0
      Galveston Elementary School 0.7 mi Public K-6 1 0
      Basis Chandler 1.0 mi Public 5-12 5 3
      Blueprint High School 1.3 mi Public 9-12 1 3
      New Vistas Center For Education 1.3 mi Private PRESCHOOL-6 0 0
      Willis Junior High School 1.3 mi Public 7-8 2 0
      Rudy G Bologna Elementary School 1.4 mi Public PRESCHOOL-6 2 0
      Evit - Chandler High School 1.5 mi Public 9-12 0 0
      Chandler High School 1.5 mi Public 9-12 3 4
      Chandler Traditional Academy - Liberty Campus 1.5 mi Public K-6 5 0
      Intelli-school 1.5 mi Public 9-12 1 0
      Frye Elementary School 1.6 mi Public PRESCHOOL-6 1 0
      St Mary-basha Catholic School 1.6 mi Catholic K-8 0 0
      Arizona College Prep Oakland Campus 1.6 mi Public 6-8 5 0
      Academic Behavioral Alternatives -chandler Campus 1.7 mi Private 6-12 0 0
      Ken 'chief' Hill Learning Academy 1.7 mi Public 7-12 0 0
      Vector Prep And Arts Academy 1.7 mi Public K-6 2 0
      Marshall Humphrey Ii Elementary School 1.7 mi Public K-6 2 0
      Hartford Sylvia Encinas Elementary School 1.8 mi Public PRESCHOOL-6 1 0
      San Tan Christian Academy 1.8 mi Private 7-7 0 0
      Chandler Online Academy 1.8 mi Public 7-12 5 0
      Knox Gifted Academy 1.9 mi Public K-6 5 1
      El Dorado High School 1.9 mi Public 9-12 0 0
      Parc Place Residential Treatment Center 2.1 mi Private 6-12 0 0
      Skyline Prep And Arts Academy 2.1 mi Public 5-8 0 0
      The Paideia Academy Of South Phoenix 2.1 mi Public K-6 1 0
      Az Compass Prep School 2.1 mi Public 7-12 1 2
      San Marcos Elementary School 2.1 mi Public PRESCHOOL-6 2 0
      Sirrine Elementary School 2.4 mi Public K-6 2 2
      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 85225 (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.