Here is the most recent Chandler AZ Real Estate Housing Market Report for March 2022:
The average sales price of Chandler homes continues to break records, growing from $620,035 in February to $637,486 in March. This is the fifth increase in the last six months, since September of 2021.
The average sales price per square foot has increased or remained the same for 22 consecutive months and is now at $306/sf in March of 2022. This is the first time the average sales price of Chandler homes has gone over $300/sf, and it is a $72/sf increase from the $234/sf in March of 2021.
The days on market for March of 2022 remained at 26, the same as it was in February. This is the lowest it has been since September of 2021. The DOM has remained at or below 31 since February of 2021, 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.
The average sales price per square foot has increased or remained the same for 22 consecutive months and is now at $306/sf in March of 2022. This is the first time the average sales price of Chandler homes has gone over $300/sf, and it is a $72/sf increase from the $234/sf in March of 2021.
The days on market for March of 2022 remained at 26, the same as it was in February. This is the lowest it has been since September of 2021. The DOM has remained at or below 31 since February of 2021, 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 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 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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