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Chandler AZ Real Estate Housing Market Report - February 2023

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Chandler AZ Real Estate Housing Market Report for February 2023:
 
The average sales price of Chandler homes increased in February, after decreasing in January, going from $584,300 in January to $607,490 this month. This is at least the 5th February in a row that sales prices in Chandler have increased.
 


After decreasing or remaining the same for 8 consecutive months, the average sales price per square foot of Chandler homes increased in February. The average sales price increased from $272/sf last month to $278/sf in February. This price is lower than the price per square foot of Chandler homes in February of 2022, by $13/sf.
 
After decreasing last month, the days on market has increased this month, going from 67 DOM in January to 75 DOM for February. Homes in Chandler are still selling, but they have certainly slowed down over the last 9 months.

This is the time of season where the housing market starts to pick up as spring is right around the corner.
 
Click on the image below to read the full article and see what is going on in the Chandler Arizona real estate market.
 

Feel free to reach out to me if you have any questions about buying a home, selling your home, or investing in the Chandler, AZ or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.

"Real Estate is not just a job for me,
it's about making a difference in the lives of others."
       
Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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         Contact Troy Erickson, Realtor®, Good Company Real Estate

Licensed Residential Realtor® in Arizona at 602-295-6807

 

Reach out to me for all your Phoenix, Chandler, Ahwatukee, Tempe, Gilbert, and Scottsdale, Arizona Real Estate needs.

 

Check out our website for all Arizona Real Estate and Homes For Sale in subdivisions like Sun Lakes, Ocotillo, Lakewood, Mountain Park Ranch, Pepperwood, Circle G Ranches, and many others throughout the East Valley.

 

"Real Estate is more than just about a job for me. It is about making a difference in the lives of others. I help people just like you Buy, Sell, and Invest in East Valley Arizona Real Estate!"

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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Comments (2)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Chandler home buyers and sellers are certain to value your real estate market report, Troy.

Mar 24, 2023 06:35 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Always appreciate your support Myrl Jeffcoat.

Mar 25, 2023 12:07 AM