Here is the most recent Chandler AZ Real Estate Housing Market Report for October 2021:
After two months of decreasing, the average sales price of homes in Chandler finally saw another increase back up to $558,208 for October. This is still not quite as high as prices reached in July of this year, when they saw an all-time high of $569,492. The average sales price per square foot has increased or remained the same for 16 straight months, and is now at $269/sf for October. This is a $61/sf increase from the $208/sf in October 2020.
After decreasing to an all-time low of 20 DOM in August, the days on market has increased for the second straight month, and is back up to 27 for October. This is the highest the Chandler DOM has been since January of 2021. It is amazing that the DOM has continued to remain so low, which means that homes in Chandler are selling faster than they ever have, and most home sellers are receiving multiple offers, which continues to drive prices up.
After decreasing to an all-time low of 20 DOM in August, the days on market has increased for the second straight month, and is back up to 27 for October. This is the highest the Chandler DOM has been since January of 2021. It is amazing that the DOM has continued to remain so low, which means that homes in Chandler are selling faster than they ever have, and most home sellers are receiving multiple offers, which continues to drive prices up.
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 home buying, selling, or investing in the Phoenix Metro 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 Realtor | Call/Text: 602-295-6807 | TroyEricksonRealtor@gmail.com
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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