Real Estate Market Update for
85226 (Chandler, AZ)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 19% from one year earlier and up 3% from the previous month This recent increase reflected a larger selection of homes for buyers 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 39% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 190-thousand dollars. Overall, The number of units sold Increased 22% year-over-year and Increased 48% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. 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.
Map Information for 85226 (Chandler, AZ)
Area Information for 85226 (Chandler, AZ)
Community Character:Moderate Residential Turnover
Population:36,988
Median Age:33.41 yr
Median Commute Time:21.34 mins
Educational Climate*:5
Recycling Likelihood**:110
Sales Tax:88%
Population Density:804/sq mi
Population Change Since 2000:-6%
Closest Airport:Phoenix Sky Harbor International
Closest College:Remington College-tempe Campus
Closest Jr. College:Chandler-gilbert Comm Coll
Median Household Income:$78,900
Annual Residential Turnover:22.95%
Median Years in Residence:2.83 yr
Median Home Sales Price:$150,000
Closest Major Sports Team:Azl Angels (r) / Azl Dodgers (r)
Change Avg. Household Income Since 2000:21%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 85226 (Chandler, AZ)
Median Age: 33.41Married: 45%Number of Households: 14,994Households with Children: 5,784
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)