Here is the most recent Chandler AZ Real Estate Housing Market Report for December 2021:
For the third month in a row, the average sales price of Chandler homes increased from $565,943 in November to $599,992 for December. This is now a new all-time high, beating out the average sales price reached in July of this year of $569,492. The average sales price per square foot has increased or remained the same for 19 straight months and is now at $278/sf for December. This is a $63/sf increase from the $215/sf in December 2020.
After remaining the same for November as October, the DOM for December increased to 30. This is an increase from the record low of 20 DOM set in August this year, and the highest the Chandler DOM has been since January of this year. 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 remaining the same for November as October, the DOM for December increased to 30. This is an increase from the record low of 20 DOM set in August this year, and the highest the Chandler DOM has been since January of this year. 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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