Chandler AZ Real Estate Housing Market Report - February 2021
Days on market took a huge drop down to an all-time low of 27 after it increased for two straight months, and was at 36 DOM in January.
The lack of listings continues to drive demand and home prices higher. Median home values in Chandler have increased an average of 15.1% since February of 2020, which is incredible. With mortgage interest rates remaining around 3.0%, there are still more buyers looking to purchase in the new year.
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.
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.