As
one of the fastest growing communities in the nation, Chandler
has transformed from a small agricultural town at the turn of the 20th
Century to the High Tech Oasis in the Silicon Desert
of today. Whether
you prefer fabulous golf in near perfect weather, shopping, exploring our
history, or just lounging by the pool—Chandler
offers it all.
The City of
Chandler, AZ was founded in 1912 and incorporated in 1920; turning 100 years old on May 17, 2012! The current population is
239,335 as of July 2012 with an average household income of $71,456. Chandler’s
top 5 employers are Intel, Bank of America, Wells Fargo, Verizon Wireless and
Microchip Technology.
Chandler, a suburb
of Phoenix, AZ
is just 20 miles from Phoenix
Sky Harbor
International Airport.
With
many activities, events and shopping, there is much to do in Chandler.
Starting
with our historic Downtown, the Chandler Square features a unique collection of
art galleries, trendy shops and restaurants. Throughout the year, numerous events
take place including a monthly art walk and farmer's market and an annual Jazz Festival
each spring. The largest anchor to the square is the Crowne Plaza San Marcos Golf Resort.
In 1912, Dr. Alexander Chandler dreamed of building an oasis in
the desert, a resort that would bring the rich and famous to the little town of
Chandler. It is
a place of luxury with a rich ninety-year history.
For musical and cultural performances,
the Chandler Center for the Arts is
conveniently located within walking distance from the Chandler Square. The
Center is equipped with three theaters and a 2,000 square foot exhibition gallery with a
total seating capacity of 1,500.
Chandler
offers over 50 parks including 6 aquatic parks, 4 dog parks and the first
bike-only (BMX, Freestyle, Grind) public facility in the Valley at Espee Park.
A variety of special events are held at Tumbleweed Park
throughout the year including the annual Ostrich Festival, the Fourth of July
Fireworks Festival and the annual Christmas Tree Festival. Snedigar Sportsplex
in South Chandler is a 90 acre complex with a 9,000-square-foot recreation
center and skateboard park. For walking, biking and hiking, the Paseo Trail in Chandler offers 6.5 miles
of multi-use trails for the outdoor enthusiast.
Chandler offers many choices for
shopping. On Chandler Boulevard,
Chandler Fashion Center has over
1,000,000 square feet of shopping and entertainment space with 185 stores
including Nordstrom, Macy's and a Harkins 20 Theater.
With
over 300 days of sunshine, let’s talk golf. Some of Chandler's
championship level golf courses include: Bear Creek, Lone Tree, Ocotillo, Springfield and of course
the 100 acre course at the Crowne Plaza San Marcos Resort.
From
cotton fields in 1860 to 3 Intel semi-conductor manufacturing facilities today,
Chandler still maintains that small hometown feel. Welcome home.
Chandler, AZ – Real Estate Market Data – November 2012
Click here for full report – Chandler Market Data
To search for real estate in Chandler, go to www.AZmoves.com – Chandler
Property Sales
November Property sales were 375, up 2.2% from 367 in November of 2011 and 9.9% lower than the 416 sales last month. November 2012 sales were at their highest level compared to November of 2011 and 2010. November YTD sales of 4,553 are running 6.9% behind last year’s year-to-date sales of 4,889.
Prices
The Median Sales Price in November was $196,000, up 30.7% from $150,000 in November of 2011 and down 6.7% from $210,000 last month. The Average Sales Price in November was $232,776, up 27.4% from $182,672 in November of 2011 and down 2.0% from $237,461 last month. November 2012 ASP was at the highest level compared to November of 2011 and 2010.
Inventory & MSI
The Total Inventory of Properties available for sale as of November was 875, up 6.3% from 823 last month and down 18.0% from 1,067 in November of last year. November 2012 Inventory was at its lowest level compared with November of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2012 MSI of 2.3 months was at its lowest level compared with November of 2011 and 2010.
Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for November was 34, down 20.9% from 43 days last month and down 43.3% from 60 days in November of last year. The November 2012 DOM was at its lowest level compared with November of 2011 and 2010.
To search for real estate throughout Arizona, go to www.AZmoves.com
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Copyright © Coldwell Banker Residential Brokerage – Data is provided courtesy of Arizona Regional Multiple Listing Service, Inc.; Tucson Association of Realtors and Prescott Area Association of Realtors and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
