Discover the latest trends in Chandler and Gilbert's luxury real estate market! 📉🏠 Median prices dipped to $990,000, but homes still sell fast at 37 days on average. Subscribe for more insights! 📈🔔
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Jeremy Poehls - 480-MANSION (480.626.7466)
Real Broker LLC
jeremy@mansionaz.com
www.mansionarizona.com
Welcome to the June luxury market report! 🏡✨ I'm Jeremy Pales, your trusted luxury real estate professional. This month, we dive into the dynamic markets of Chandler and Gilbert, Arizona. The Southeast Valley's single-family luxury market remains a seller's paradise with a robust 41% sales ratio. Homes in May 2024 sold for a median of 98.42% of the list price, despite a slight dip in median sales prices to $990,000. 📉💰
Total inventory saw a significant increase to 260, up 113% from last year, while total sales rose by 24% to 107. 🆙📊 The most active price band was $950,000 to $1 million, with 16 homes sold. Although there's a slight year-over-year reduction in median sales prices and a modest rise in days on market, the short average of 37 days signals strong demand and swift closures. 🔥🕒 Stay informed and ahead of the market by subscribing to our channel and clicking the bell icon for notifications on new videos! 🔔✨
