Chandler Market Report for January 2012 - Chandler Homes for Sale & Chandler Homes Sold in
January 2012
Market Report for Chandler Home Sales January 2012 *
• 346 sales in Jan 2012 (314 in Jan 2011)
• Median price is $158,000 ($148,000 in Jan 2011)
• January Chandler average price/sf was $92.63 ($90.17 in Jan 2011)
• Chandler Inventory is of 596 listings. Chandler Inventory for Sale
Chandler price per sf in January of 2012 shows an increase by 2.7% compared to January 2011.
The Chandler real estate market has 613 Pending sales as of 02/02/2012. Average price per sf in Chandler ncreased by 2.3 percent compared to Jan. 2011.January median price in Chandler increased by $10,000 in the past 12 months to $158,000.
HUD,Fannie Mae and many lender owned homes continue to receive multiple offers and often close above listing price. As distressed inventory is going down there is increasing competition for the lower priced distressed real estate.
* This market report is based on Arizona MLS data for residential property sales in the City of Chandler. For Sale by Owner, auctions and other Non-MLS transactions are not included.
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