Chandler AZ Real Estate Market Report August 2020
The average sales price is slightly down from last month, but the price per square foot is higher. Days on market has lowered to 36. Chandler home sales are slightly lower than in August of last year, and dropped from a July high of 445 last month. The number of new listings is higher than August of last year. The number of active listings remains lower than August of last year, but at 712, has increased from July.
The lack of listings continues to drive demand and home prices higher. Home values have increased an average of 10% since August of 2019. With interest rates remaining below 3.0%, there are still more buyers looking to purchase heading into the fall.
For more detailed stats on the Chandler Housing Market, just click on the image below. Then call/text me when you are ready to buy or sell your next home.
The lack of listings continues to drive demand and home prices higher. Home values have increased an average of 10% since August of 2019. With interest rates remaining below 3.0%, there are still more buyers looking to purchase heading into the fall.
For more detailed stats on the Chandler Housing Market, just click on the image below. Then call/text me when you are ready to buy or sell your next home.
When you’re ready to buy or sell – or maybe both – reach out to me so we can put your plans in motion. With low mortgage rates leading the way, it’s a great time to take advantage of your position in today’s market.
If you’re thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.
If you’re thinking of buying a home, more homes are being listed for sale, and interest rates remain at historically low rates. Being a trusted real estate professional, I can answer your questions and help you determine your next steps.
Feel free to reach out to me if you have any questions about the home buying process in the East Valley. 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
[email protected]
Linkedin Profile
Facebook Page
If you’re thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.
If you’re thinking of buying a home, more homes are being listed for sale, and interest rates remain at historically low rates. Being a trusted real estate professional, I can answer your questions and help you determine your next steps.
Feel free to reach out to me if you have any questions about the home buying process in the East Valley. 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
[email protected]
Linkedin Profile
Facebook Page
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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