HomeSmart - Gilbert
2680 South Val Vista Drive, Suite 101
Gilbert, AZ 85295
2680 South Val Vista Drive, Suite 101
Gilbert, AZ 85295
My Blog
Chandler 85249 market hitting bottom
Posted On: July 27th, 2016 9:36PM
The 85249 zip code market seems to be approaching a bottom. The number of contracts executed fell to 67, the lowest levels since January. Sales are also trending downward, sliding to 109 homes sold over the last 30 days. When comparing other close-by zip codes within the same period, the most came from the 85242 zip code with 123 contracts executed. The median sales price rose to $364,900, up from last week's $362,250. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that the 85249 zip code is a still seller's market.
