A diverse community with homes starting in the low $200,000's, Chandler, Arizona, is seeing a slowed market in 2007.
Home prices have even seen a depreciation rate of 3 percent since July of 2006 -- not good news for sellers or short-term investors.
So is there good news for sellers in this market? Local experts report that the list to sale ratio is remaining steady. And with interest rates remaining low -- and even dropping -- this is a great time for buyers to enter the market.
The average sales price was reported at $345,815 for July -- with an average market time of 112 days.
For information on your area, please click here.
Click here to view current Market Conditions in your location.
Published: August 27, 2007
Use of this article without permission is a violation of federal copyright laws.
