Chandler Luxury Home Stats through October 2009

Real Estate Agent with Good Company Real Estate License # SA577557000

Chandler Luxury Home Sales and Stats through October 2009

Chandler Luxury HomeI recently ran a report through our MLS to see what the Luxury Home Market was like in Chandler, Arizona.  I started with how many homes have sold from Jan 1 through October 31 that were over $500,000.  There was a total of 142 homes sold.  Out of that, there were 82 homes that sold from $500,000 to $599,999; 40 homes that sold from $600,000 to $699,999; 15 homes that sold from $700,000 to $999,999; and 5 homes that sold for over $1,000,000.

Chandler Luxury HomeOut of the 142 luxury homes in Chandler, 99 were sold in a gated community.  There were also 99 homes that had pools, 36 that were in a lake subdivision, and 19 that were waterfront lots.  Ten of the luxury homes sold in Chandler were in a golf course subdivision.  There were 35 that had mountain views, and 11 of the properties allowed horses.  There were also 10 of the luxury homes sold that had a separate guest house.  There were 136 of the Chandler luxury homes that had 3 or more garages, and 22 had RV parking.  The majority of the homes were 4 (52 homes) or 5 (62 homes) bedrooms, and 3 1/2 baths (53 homes), or 4 1/2 baths (37 homes).  Every home was over 3,000 square feet, and 77 were over 4,000 square feet, while 23 were over 5,000 square feet.  There were 94 luxury homes sold in Chandler that were single story, 44 two story, and 4 that had 3 or more levels.

Chandler Luxury HomesThe area in Chandler where the most luxury homes were sold, 127, was south of the 202 Freeway, and East of Price Road.  There were only 15 luxury homes sold north of the 202 Freeway, and 28 of the 142 were sold East of Gilbert Road.  Most of the homes sold (66) were on 15,001 to 24,000 square foot lots.  There were 36 homes on 10,001 to 15,000 square foot lots, 18 homes on 24,000 to 43,559 square foot lots, 11 homes on 0 to 10,000 square foot lots, and 11 homes sold on lots over 1 acre in size.  There were only 2 of the 142 Chandler luxury homes sold that were built in 2009.  There were 78 of them built between 2005 and 2008, 42 built between 2000 and 2004, 14 built between 1990 and 1999, and 8 of the luxury homes in Chandler that were sold were built before 1990.

There are certain Chandler neighborhoods that cater to the custom and luxury home buyer.  Most of them are in South Chandler, and have been built over the past ten years.  These are your Chandler Luxury Home Sales and Stats through October 2009.



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Show All Comments
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Where have you guys been?  Working ont these statistics?  I love the pictures.

Dec 01, 2009 04:11 PM #1
Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Excellent report about these homes. . I know who to call when I move t Arizona

Dec 01, 2009 09:19 PM #2
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

The aheer umber in gated communities. with pools and lake sites is mind boggling - excellent report

Dec 02, 2009 09:19 PM #3
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Jane - It has been a little hectic with business picking up, and the holidays.  I guess I should write about that so people will know we're not just ignoring active rain.

Fernando - Thanks for the kind comment.  I try to provide value in my posts.

Karen - I must admit that sometimes I feel like I am living in paradise.

Dec 04, 2009 03:18 AM #4
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Troy nice job keeping everyone posted on what is going on in your market. I do the same and the reports are well received.

Dec 14, 2009 04:56 AM #5
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Bill - Thanks, I just need to start getting more consistent with them.  Sometimes work gets in the way.

Dec 14, 2009 02:50 PM #6
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