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Friday, April 26, 2024

Chandler home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Chandler rose by $18,600 while total sales decreased by 10.4%, according to BlockShopper.com.

In May 2018, there were 467 homes sold, with a median sale price of $308,500 - a 6.4% increase over the $289,900 median sale price for the same period of the previous year. There were 521 homes sold in Chandler in May 2017.

The median sales tax in Chandler for the most recent year with available data, 2017, was $1,693, approximately 0.5% of the median home sale price for May 2018.

The following table compares Chandler to other Maricopa County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Wittmann (unincorporated) 880%$334,367.50$260,00028.6%
Phoenix (unincorporated) 9095-5.3%$323,000$295,0009.5%
Waddell (unincorporated) 3139-20.5%$310,000$260,00019.2%
Chandler (unincorporated) 7391-19.8%$310,000$279,95010.7%
Uninc-85375/Sun City West20-$308,600$0-
Chandler467521-10.4%$308,500$289,9006.4%
Wickenburg1220-40%$307,250$196,50056.4%
Gilbert479550-12.9%$305,000$292,0004.5%
Tempe191230-17%$295,000$263,47512%
Uninc-85387/Surprise North1126-57.7%$287,735$286,577.500.4%
Litchfield Park (unincorporated) 5065-23.1%$276,450$258,0007.2%

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