Homes are selling in Chandler, Arizona but which homes exactly? There are currently 1153 homes (331 Short sale, 69 lender owned, 653 regular resale) for sale in Chandler. The a median list price of a home is $240,000.
There are 73 homes (32 short sale, 28 lender owned,13 regular sales) priced under $100,000. The least expensive home for sale in Chandler is a bank owned 3 bedroom home listed at $31,000.
There are 32 homes priced over $1,000,000 (3 short sales, 29 regular resales) with the highest priced home award going to a Short-Sale home priced at $7,400,000. I know this home. I used to live right across the street and it’s pretty amazing. In 2006, this home was listed for $11,500,000. 12,725sf (6 bedrooms, 10 baths) situated on over 10 Acres. Words really can’t describe this home…it was even used as a movie set a few years ago. But I digress…
So that’s what’s for sale according to the Arizona MLS…but what is SELLING? Looking at the stats…almost half of the homes sold were REO (Lender Owned) properties and 80% sold for under $300,000.
Since January 2009:
2419 homes have sold in Chandler, Arizona
1087 (45%) homes sold were lender owned
419 (17%) homes sold were short sales
913 (38%) homes sold were regular sales
1935 (80%) homes sold for under $300,000 (324 short sales, 961 lender owned, 650 regular sales)
