Real Estate Market Update for
85286 (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 up 2% from one year earlier and up 9% from the previous month This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month... was just under 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 280-thousand dollars. Overall, The number of units sold Decreased 4% year-over-year and Increased 25% 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 85286 (Chandler, AZ)
Area Information for 85286 (Chandler, AZ)
Community Character:High Residential Turnover, Suburb of Mesa
Population:39,146
Median Age:33.18 yr
Median Commute Time:23.28 mins
Educational Climate*:4
Recycling Likelihood**:89
Sales Tax:88%
Population Density:2,253/sq mi
Population Change Since 2000:168%
Closest Airport:Phoenix Sky Harbor International
Closest College:Devry University
Closest Jr. College:Chandler-gilbert Comm Coll
Median Household Income:$87,770
Annual Residential Turnover:29.39%
Median Years in Residence:2.22 yr
Median Home Sales Price:$214,900
Closest Major Sports Team:Azl Cubs (r)
Change Avg. Household Income Since 2000:27%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 85286 (Chandler, AZ)
Median Age: 33.18Married: 54%Number of Households: 14,140Households with Children: 5,851
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)