Chandler Arizona Real Estate Market Report

Chandler Arizona is being called the "Silicon Desert" based of course on the wide variety of high technology industries located here. Dynamic, vibrant and versatile are words that can describe Chandler, Arizona today. Yes, we have our eyes on the economic health of our community, but we are also focused on its environmental health and are paying close attention to quality of life issues. Today, Chandler's population is 250,619. The town sits at an altitude of 1,210 feet. The southwestern climate of Chandler has a summer high temperature of 105 degrees and a winter low temperature of 36 degrees. Recently, Chandler has undergone a revitalization of its downtown and interest in new businesses has made it a great town to live in.

The estimated median household income in the recent survey is $ 70,400 which was $ 58,416 in 2000. According to the recent reports the estimated median house or condo value is on an average of $ 317,200.The mean prices for all housing units were $ 368764, detached houses were $ 387,328; townhouses and other attached units were $ 251,216. In 3 to 4 unit structures $ 225,000, in 5 or more unit structures it is $ 153,138 and mobile homes are $ 33,45. The median gross rent of chandler AZ new homes is $1,055 and the percentage of residents living in poverty is 5.3%. Chandler AZ is today one of the prime location for new homes and residential complexes. The growth rate is growing day by day.