Wednesday, September 16, 2009

What's going on in the real estate markets in Chandler and Scottsdale

Trulia is one of our favorite websites that helps us the Agents as well as Buyers and Sellers to find a detailed analysis of what's going on in the real estate markets.

Below are a few statistics for Chandler and Scottsdale:

Chandler, AZ
  • The median sales price for homes in Chandler AZ for Jun 09 to Aug 09 was $197,000.
  • This represents an increase of 1.9%, or $3,750, compared to the prior quarter and a decrease of 18.4% compared to the prior year.
  • Sales prices have depreciated 5.3% over the last 5 years in Chandler.
  • The average listing price for Chandler homes for sale on Trulia was $325,917 for the week ending Sep 09, which represents an increase of 0.1%, or $414, compared to the prior week and a decline of 0.8%, or $2,591, compared to the week ending Aug 19.
  • Average price per square foot for Chandler AZ was $104, a decrease of 20.6% compared to the same period last year. Popular neighborhoods in Chandler include Sun Groves, Cooper Commons, Fox Crossing, Carino States, Saguaro Canyon HOA, and Provinces Master Community.





Scottsdale, AZ
  • The median sales price for homes in Scottsdale AZ for Jun 09 to Aug 09 was $307,000. This represents a decline of 4.7%, or $15,000, compared to the prior quarter and a decrease of 22.2% compared to the prior year.

  • Sales prices have appreciated 2.3% over the last 5 years in Scottsdale.

  • The average listing price for Scottsdale homes for sale on Trulia was $794,667 for the week ending Sep 09, which represents a decline of 3%, or $24,372, compared to the prior week and a decline of 2.1%, or $17,196, compared to the week ending Aug 19.

  • Average price per square foot for Scottsdale AZ was $163, a decrease of 36.8% compared to the same period last year.

  • Popular neighborhoods in Scottsdale include South Scottsdale, and Pinnacle Peak.





statistics from Trulia

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