Where Is Our Real Estate Market Now and Where Is It Headed in 2017?

2017 Chandler and Gilbert, AZ Market Predictions for Real Estate As we begin a new year, I thought I would send out the numbers for the last month of 2016 and give a little insight on where the experts are looking for 2017 market and interest rates. January 3 - How does December 2016 compare to all the other Decembers we have measured over the years? Monthly Sales Count = 7,191 - 5th highest (after 2010, 2004, 2011 and 2009) Annual Sales Count = 90,027 - 3rd highest (after 2005 and 2004) Average Sales Price = $282,067 - 4th highest (after 2006, 2005 and 2007) Median Sales Price = $225,000 - 4th highest (after … [Read more...]