Is Chandler Heights Citrus, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chandler Heights Citrus is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Chandler Heights Citrus has remained a Seller's Market.

Key Takeaway

Chandler Heights Citrus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chandler Heights Citrus, AZ

How much do homes in Chandler Heights Citrus, AZ cost?

Median Sold Price

$727,000

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$29,950(-4.0%)

Key Takeaway

Homes in Chandler Heights Citrus have sold for 4% less than they did a year ago.

Summary: The median home sold price in Chandler Heights Citrus was $727,000 in April 2024, down 4% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $455K-
N/A
2 $556.2K$401K
-27.9%
3 $670K$715K
+6.7%
4 $792K$722.5K
-8.8%
5+ $899K$1.0M
+15.7%

Summary: Chandler Heights Citrus housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Neighborhoods

Chandler Heights Citrus
-4.0%
Seville
-10.7%

Housing Supply in Chandler Heights Citrus, AZ

How many homes are available in Chandler Heights Citrus, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1417+21.4%

Summary: The Chandler Heights Citrus real estate market had 17 homes for sale in April 2024, a 21.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 52
-60.0%
4 813
+62.5%
5+ 11
0.0%

Summary: The Chandler Heights Citrus housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chandler Heights Citrus, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Chandler Heights Citrus in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Chandler Heights Citrus, AZ

How long does it take to sell a home in Chandler Heights Citrus, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
134 Days98 Days-26.7%

Summary: Homes in Chandler Heights Citrus had an average of 98 days on market in Apr 2024, down by 26.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chandler Heights Citrus has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Chandler Heights Citrus; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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