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| Chandler Arizona Realtor Specializing in AZ Relocation & Investment |
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Chandler Arizona Real Estate
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Owning
Chandler Arizona Real Estate has much to offer. Chandler Arizona is known as the Silicon Desert due to
the many hi-tech companies located here. Chandler is home to Intel,
Motorola, Microchip, and various other technology giants.
Chandler AZ boasts a planned 7.5 mile stretch of hiking, biking and equestrian trails. It grew from 29,673 residents in 1980 to 200,000 a year ago, and now has over 224,000 residents, most of whom own their Chandler homes, which makes it a great place to live, but also to purchase as an investment property because there are always people wanting to live in Chandler that can’t afford to buy.
Most of the residents in Chandler are well-educated and well-off, with an average household income of about $72K, which is higher than Scottsdale, AZ’s average income of $62K. The average age in Chandler is about 30 years old.
Most of Chandler Arizona real estate has been built since the 1990s, so most of the homes are the modern stucco with tile roofs, set in master-planned communities. Most of the schools are well-ranked and technology equipped.
Chandler homes are all close to the Chandler Fashion Center, which is home to any upscale shopping or dining that anyone could imagine.
Chandler Arizona real estate purchases are down about 19% from the number of Chandler homes purchased by this time last year.
In the last 6 months, around 1700 houses have sold in Chandler, which showed a decline of about 9% in Chandler house sales in the past 2 months. 28% of those Chandler homes for sale were sold for less than $260K, and only about a quarter of them were built before the ‘90s. 40% of Chandler real estate was in the $300K to $500K price range. Only 15% of Chandler realty sold for over $500K. The difference from asking price to purchase price was a strongly consistent 2.3% decrease, averaging about 4 months on the market, and being roughly priced at about $170 per square foot.
Chandler AZ homes for sale the prior 6 months only averaged a 1.9% decrease between asking and selling prices. The Chandler house values stay considerably higher than other areas of the Valley.
There are currently around 2300 Chandler houses listed in the Arizona MLS. The number of Chandler houses priced above $500K is higher by about 7% above what the past year has shown in sales, and the homes have been on the market closer to 4 months instead of last years average 2 months.
This Chandler realtor sees the Chandler housing market regaining it’s property value, recovering from the past years dip, which makes it a good time to buy.
There is a nice Arizona realty selection of Chandler real estate-resale homes, including houses, Chandler townhomes and patio homes, ranging in price from the low $120's to $500Ks. There are only about a hundred Chandler condominiums for sale, ranging in price from the low $120s to the low $400s.
Click here to submit a form to receive Chandler Real
Estate Listings and helpful information to assist you in your move.
email Tracey-Lee
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