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June 19, 2007

Chandler, AZ Market Conditions Update for May 2007

Here are the latest real estate market statistics* for Chandler, AZ. These numbers represent single family (SFR) homes and condos. The percentage of homes on the market where the asking price has been reduced *: 48.5% 

Average April 2007 May 2007 % Change
Asking Price $344,127 $370,997 7.8%
Sales Price $333,585 $360,276 8.0%
% of Asking Price 97% 97% 0.0%
$/SQFT $172 $176 2.3%
Days on Market 101 99 -2.0%
Total Transactions 380 343 -9.7%

Search for Chandler, AZ homes and condos for sale.  Read more about neighborhoods near Chandler, AZ.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 6/5/2007:  2,755 properties on the market with 1,337 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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