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CHANDLER, AZ MARKET CONDITIONS:
ZIP Codes: 85224, 85225, 85226, 85244, 85246, 85248, 85249, 85286
Approximate Location Boundaries: Chandler, Arizona Location Characteristics: An overview of the Chandler market has seen positive growth and the average price per sq. ft. gives the most useful guide to price changes in the market. For the sixth time since we hit bottom in September 2011, every measure is showing a positive percentage change. HUD sales are still the segment showing the largest percentage increase over the year, but they remain the cheapest homes based on average $ per sq. ft., median sales price and average sales price. Chandler's increase monthly average price per sq. ft. over is at 22% in the last 12 months. Newly built single family homes recorded sales in Chandler recent sales are 46% more than recorded from last year. Current new homes sales rates are less than half of what would normally be needed to keep up with the current population growth rate in the area.