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Market Conditions in Chandler : Real Estate Advice

  • All386
  • Local Info18
  • Home Buying140
  • Home Selling14
  • Market Conditions14

Activity 20
Fri Aug 22, 2014
Troy Erickson answered:
tkillen180,

This is an interesting question, and I would wonder why you were asking - Are you considering selling your home in the near future?

Anyway, days on market is quite an open ended question when it comes to an average of all the homes in Chandler. What I mean is that smaller, more inexpensive homes will tend to sell much faster than million dollar homes. Also, homes in more desirable neighborhoods will sell faster than homes in other neighborhoods where the demand is just not there.

There are also a lot of other variables that go into how long it takes a home to sell. For example, the condition of the home compared to other similar homes, the listing price (whether it is too high or low), the actual location of the home, and how well the listing agent markets the home to name just a few.

I would be more than happy to provide you with more detailed information relating specifically to your home if you are interested, including an estimate of it's value. Just let me know.
... more
0 votes 3 answers Share Flag
Fri Aug 22, 2014
Troy Erickson answered:
raysofmercy,

The actual HOA fee for homes in the Willis Ranch subdivision is $95/mo. The fees have gone up since 2012. The name of the property management company is City Property Management, and you can reach them at 602-437-4777 for more information.

There are currently (as of 8/22/14) three properties for sale in that neighborhood with prices ranging from $170,000 to $214,900. Obviously the price range is dependent on the size of the home, as you can see by clicking on the link below.

Please let me know if I can be of any further assistance if you are looking to buy, sell, invest, or rent.
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0 votes 2 answers Share Flag
Tue Jul 29, 2014
Rebecca Kallhoff Team answered:
What exactly was your question? I would be more than happy to help you out!
Just give me a call!

Rebecca Kallhoff
1(480)275-9566
rebeccakallhoff@remax.net
www.RebeccaSellsAZ.com

I look forward to hearing from you soon!
... more
0 votes 1 answer Share Flag
Wed May 14, 2014
Alex Gordon answered:
I would recommend contacting the HOA or the leasing office.

Alex Gordon
azrealtylocator.com
0 votes 1 answer Share Flag
Wed Apr 9, 2014
LaLena Christopherson answered:
Yes that is correct. The home is a manufactured home and it is very difficult to get financing on a manufactured home. The home is listed as a Cash only sale.
0 votes 4 answers Share Flag
Thu Jan 16, 2014
Jl Cammio answered:
Arizona Reflections appears to be a great neighborhood but be forewarned that the HOA don't have enough to do so they are prone to spend way too much time looking for any little thing to ding the residents with. In the meantime, the group of homeless that live under the 202, along the train tracks, and in the drainage areas on the southern end of the neighborhood are growing in number each month. ... more
0 votes 4 answers Share Flag
Wed Oct 30, 2013
Shawn Rogers answered:
Hello Gary,

The property listed in the link in your question above is currently "pending" however my team and I would love to help you with whatever you may need in Chandler or Sun Lakes or wherever. We are the #1 rated team on her (And several other RE related websites.) Please feel free to contact me anytime.

Thank you,

Shawn I. Rogers, REALTOR®, CSSPE - West USA Realty
Website: www.MisterRogersHomes.com
Email: MisterRogersHomes@hotmail.com
Cell: 480-313-7031
Fax: 602-863-4619

Zillow: www.zillow.com/profile/Mister-Rogers-Homes
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0 votes 6 answers Share Flag
Sun Jul 28, 2013
Doug McVinua answered:
Dan

Springfield is nice, have you also considered Sun Lakes and Solera?

What part of Scottsdale are you heading to?
0 votes 4 answers Share Flag
Mon Nov 5, 2012
Stephanie Weiss answered:
That property is in a "gated" area of The Retreat and The Enclave in Ocotillo Lakes. I wouldn't put too much stock in the Trulia photo or comparables. All comps are not created equal, but to Trulia, they are because it's just based on #'s in a geographical area.

If you are the property owner, you can click on the "Edit Home Facts" button and make the necessary changes.

The only comps I could find in the past "6" months closed in May...nothing since. See
http://www.flexmls.com/link.html?x4g6y8p5u0m,12,1
(note this link will expire in 30 days)

http://youtu.be/xjD074EZiHI

Regards :)
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0 votes 6 answers Share Flag
Fri Feb 24, 2012
Patty Fisch answered:
Laura,

Looks like you may be interested in the Chandler area. I pulled some quicks MLS stats for you of apartment and town home rentals over the last 6 months:

1 bedroom: 14 - rental time 10 days min, 35 days average
2 bedroom: 96 - rental time 2 days min, 38 days average

There's 8 1 bedrooms on the MLS market now and 27 2 bedrooms.

I love working with clients who ate data driven and can provide lots of great data to help you make informed decisions in terms of area, type of investment properties. Feel free to contact me if you have any more questions,
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0 votes 2 answers Share Flag
Fri May 27, 2011
Kevin and Debra Hammontree answered:
Hello,
I'll try to answer your questions, however, on the multiple listing we know what it listed for and what it sold for. We don't get to see what the appraised value was, however, it's reasonable to assume it is close to the Sales (Closed) Price.

Oakwood Lakes - no homes in that price range available right now.
LIST PRICE
Low $149,900
Avg $191,795
High $224,900

CLOSED PRICE
Low $153,000
Avg $191,443
High $248,000

Ironwood - 4 Available Properties
LISTPRICE
Low $150,000
Avg $175,675
High $200,000

CLOSED PRICE
Low $140,000
Avg $174,262
High $206,000

Not sure where you mean by Palo Verde - if you can clarify I can send that information.

If you would like to see the market analysis that I referenced, please feel free to drop us an email and I will send them to you.

Kevin and Debra Hammontree - info@HammontreeHomes.com

Have a wonderful day.
Debra
... more
1 vote 1 answer Share Flag
Mon Jan 24, 2011
Stephanie Weiss answered:
Daniel, there are 2 Age Restricted "Springfield" communities in Chandler. The old Springfield Lakes is now SOLERA by DEL WEBB. The other is just called SPRINGFIELD. Both are located on Golf Courses. SOLERA is a standard length course and SPRINGFIELD is an executive course. I've provided links (a pun for fun) for the courses and homes available on both communities.

SOLERA currently has 41 Active listings, 3 pending short sales, 9 pending regular transactions and 23 that have closed in the past 3 months, totaling $4.9 million in sales.

Solera by Del Webb:
http://www.flexmls.com/link.html?u4c1z8iufev,12,1
http://www.lonetreegolf18.com/home.php

SPRINGFIELD currently has 17 Active listings, 1 pending short sale, 4 pending regular transactions and 4 that have closed in the past 3 months totaling $818K in sales. If you'd like a more in-depth analysis of each community, let me know.

Springfield:
http://www.flexmls.com/link.html?u4c1z5tk4ky,12,1
http://www.golfnow.com/course-directory/arizona-golf-courses/chandler-golf-courses/springfield-golf-resort
... more
0 votes 6 answers Share Flag
Mon Nov 1, 2010
Bill Colberg answered:
Well my first question is who are you buying this SFR for? Student from ASU, retired person, moderate income working person or anybody off the street? Who do you want to rent to? I think this will tell you where you want to buy.

I think the most dynamic and stable area in Maricopa County is the East Valley area, i.e. Chandler, Mesa and Tempe. You may not immediately see some of the smoking deals that you'll find in other areas, but if you look you can find them.

My pick would be Chandler, East Valley for any kind of investment.
... more
0 votes 14 answers Share Flag
Wed Oct 20, 2010
Bill Colberg answered:
I think you need to consider the condition of the units. well maintiained and nice units always rent faster than ones that need work. Renters are pretty savy.
Also your rental application and approach impact on renting. Some of the large compnies have really hard credit policies that eliminate good tennants. As a long time landloard, with different formats, it is always a challenge to do it right.
Do your due diligance, and good renting.
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0 votes 13 answers Share Flag
Sat Jan 17, 2009
Doug McVinua answered:
85226 is a great area to consider for 2 primary reasons, location and school.

Location: 85226 is the Northwestern most section of Chandler making it the closest to Tempe, Phoenix etc. Important because a significant amount of the jobs and or major entertainment venues are located in Tempe and or Phoenix tenants may likely consider property in those locals as preferred.

School: Kyrene and Tempe High are both highly rated schools that have for years been sought out by those with school age children.

Remember tenants are short term mentality people, 6 months or a year in most cases. If most were long term they would be buying in this market if able to. For the short term memory group they may not be willing to commute an extra 30 or 45 minutes to get a newer or larger home further out.

Does the answer above mean this would be the only place Chandler or Gilbert one should look, absolutely not. The 202 freeway cuts across both communities now and has opened up opportunities further south and east with more affordable newer property that are also attractive.
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0 votes 2 answers Share Flag
Mon Jan 12, 2009
Randy Hooker answered:
I concur with Paul. You can also check this Arizona Department of Real Estate list of builders in financial trouble: http://www.re.state.az.us/PUBLIC_INFO/Documents/Homebuilders_In_Trouble.pdf

...randy
... more
0 votes 3 answers Share Flag
Thu Dec 18, 2008
Carlos Ramirez answered:
Won,

The correct strategy for your needs to be designed based on your goals and personal circumstances, in addition to the home itself (local market, conditions, etc). There are pros and cons with every strategy.

The biggest factors that will sell or rent your property is proper marketing/exposure, and correct pricing. If it is price even a little too high it can sit on the market for months, which in the long run will affect you, if you price it too low, then you will be loosing money. You can obtain a few CMAs for free, they will give you a rough idea of the market value of your home, but it will be more like a range. After that, once you have selected a Realtor, he will be able to dedicate a few hours to go over the comparables to do a more in-depht analysis and provide you with an ideal asking price.

You can still list your property for rent and sale at the same time, just be sure that you are doing it right and not scaring away any potential buyers or renters.

Good luck!!
... more
0 votes 5 answers Share Flag
Tue Sep 2, 2008
Eric Crane answered:
Hi,
The problem, in a weak market, is that Sellers 'follow' the market down and are always one step behind the current 'clearing' price in the market. My advice, if you are serious about wanting to make a move, is to get good data on sales comps in your area and get a little bit AHEAD of that curve in order to sell the property in a timely manner. In that way, you will still benefit from the strong Buyer's market here. And when the time comes, I would be happy to have you consider my services. I offer a Buyer Rebate program, which credits you 1% of the home price toward closing costs. You can learn more at my website. Best regards, Eric ... more
0 votes 5 answers Share Flag
Mon May 5, 2008
Sheryl Robinson answered:
What would you consider stable? Our market has been declining for the past 2 years - and expected to continue for another 5 yrs. My crystal ball does not work as well as I would like - however that is what the trends are suggesting. It is all about the supply and demand. And our market has a huge supply of homes be it traditional, short sale, REO or new build specs. We are set to have another huge wave of forclosure properties hit our market 3rd quarter with ARM loans adjusting and pricing people out of their homes. Please feel free to research my website - learn what the market has to offer - if you are considering buying in this market. Investigate something until it makes sense or doesn't. However if you are thinking of buying a short sale property - be prepared for some frustrations along the way. ... more
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