Nicknamed "The Silicon Desert," Chandler is one of the fastest-growing high-technology manufacturing cities in the western United States. It has become an oasis of opportunity with the increasing presence and commitment of quality employers. Industries that provide employment in Chandler include manufacturing, educational, health and social services and retail trade. Chandler's work force is well educated and technologically skilled. A growing manufacturing sector employs more than 30,000 in the city. More than 75% of these workers are employed in high technology fields - compared to the national average of 15%. (more)
Thanks to its strong economic base, Chandler is in the middle of a twenty-first century renaissance. New trails and parks are being built along the Consolidated Canal, the first phase of a new system designed to create open space and recreational opportunities. Students in grades K-12 are accommodated by schools of the Chandler Unified School District as well as a number of excellent charter schools. Chandler/Gilbert Community College and several other colleges and universities in close proximity serve those in pursuit of a degree in higher education.
The strong business climate, low tax rates, excellent schools, great weather and affordable housing have led to a 100% population increase since 1990. Today, Chandler's approximate 250,000 residents enjoy an excellent quality of life. Real estate options in Chandler consist of single-family detached homes, estate properties, condominiums, townhouses, golf houses, new homes, foreclosure properties and land lots.
Chandler Real Estate Info: Prices of Chandler Homes for Sale
Whether it's a young family looking for their first home to buy or retirees looking to downsize their residential property and purchase a townhouse on the golf course, Chandler's real estate market offer a wide assortment of choices from existing properties to new homes. Single-family homes in Chandler are priced starting from $130,000. Currently, the median price for a single-family home in Chandler is about $425,000. Condominiums and townhouses in the Chandler area are priced from the low $300,000s to upwards of $750,000. Large, newly-built homes on desert-front properties can be purchased in the low to mid $300,000s. (more)
Magnificent newly-built estate properties with private swimming pools, saunas, spas, multiple fireplaces and desert frontage are priced from the high $500,000s to close to $2.5 million for exquisite luxury estates with water frontage, gorgeous hill and mountain views and lots of considerable acreage. Land and lots are also available for custom development.
Chandler Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $299,017 compared to $299,017 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.