Real Estate Market Update for
85249 (Chandler, AZ)
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Welcome to your 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 18% from one year earlier and down 2% 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 over 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 42% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 300-thousand dollars. Overall, The number of units sold Decreased 13% year-over-year and Increased 8% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. 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 85249 (Chandler, AZ)
Area Information for 85249 (Chandler, AZ)
Community Character:Significant Percentage of Family Households, High Residential Turnover, Suburb of Mesa
Population:39,748
Median Age:32.12 yr
Median Commute Time:27.18 mins
Educational Climate*:3
Recycling Likelihood**:89
Sales Tax:88%
Population Density:2,246/sq mi
Population Change Since 2000:616%
Closest Airport:Phoenix Sky Harbor International
Closest College:Arizona State University East
Closest Jr. College:Chandler-gilbert Comm Coll
Median Household Income:$95,598
Annual Residential Turnover:24.76%
Median Years in Residence:2.63 yr
Median Home Sales Price:$242,937
Closest Major Sports Team:Azl Cubs (r)
Change Avg. Household Income Since 2000:117%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 85249 (Chandler, AZ)
Median Age: 32.12Married: 48%Number of Households: 13,849Households with Children: 6,452
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)