Chandler Real Estate-Market Statistics May 2008
June 12th, 2008 categories: Market Statistics, Real Estate News
Currently there are 2012 active listings in the Chandler AZ Real Estate Market. The inventory of single family homes has remained relatively flat.
The current absorbtion rate or supply of homes is 5.9 months-approaching a balance market.
The average sales price continues to decline with a 5% drop from April 2008.
The List Price to Sales Price ratio is about 95%-homes are selling on average 5% under the asking price.
The number of homes sold increased 28% from April 2008 and the number of new listings fell by 14%
This graph indicates a good trend- more homes are selling!!
[…] homes. Currently there are 1947 Chandler homes for sale. Inventory is down- compared to May 2008 where there were 2012 active listings at the time the post was […]