Chandler Real Estate Market Statistics June 2008
July 8th, 2008 categories: Real Estate News
These Chandler Real Estate Market Statistics are for single family 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 written.
The number of sold homes and pending sales declined as did the number of new listings. The current absorption rate of Chandler homes for sale is about 6.3 months approaching a balanced market.
For the month of June there were:
- New Listings: 436
- Pending Sales: 317
- Sold Homes: 309
Listing Status Chandler Real Esate June 2008
The average sales price incresed 6%- it will be interesting to see if this will continue in the coming months. You can see from the graph, prices seem to be holding steady- maybe an indication that the market has hit bottom.
