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Thursday, November 7, 2024

Chandler home prices rise in 2017

Re 13

The median sale price of a home sold in 2017 in Chandler rose by $19,000 while total sales decreased by 3.6%, according to BlockShopper.com.

From January through December of 2017, there were 5,157 homes sold, with a median sale price of $282,000 - a 7.2% increase over the $263,000 median sale price for the previous year. There were 5,350 homes sold in Chandler in 2016.

The median sales tax in Chandler for 2017 was $1,693. In 2016, the median sales tax was $1,658. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Chandler to other Maricopa County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Queen Creek1,0971,098-0.1%$316,657$299,008.505.9%
Uninc-85351/Sun City-Youngtown978612.8%$303,506$241,92225.5%
Wickenburg (unincorporated) 322910.3%$300,000$233,75028.3%
Gilbert5,4505,742-5.1%$290,000$270,0007.4%
Uninc-85387/Surprise North17165163.1%$284,620$279,9901.7%
Chandler5,1575,350-3.6%$282,000$263,0007.2%
Uninc-85375/Sun City West815-46.7%$281,000$264,0006.4%
Chandler (unincorporated) 7367231.8%$276,750$255,0008.5%
Waddell (unincorporated) 302305-1%$275,000$237,00016%
Wittmann (unincorporated) 1191117.2%$265,000$262,0001.1%
Litchfield Park (unincorporated) 4924743.8%$262,950$243,0008.2%

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