Category Archives: Housing Market Intelligence

News or information regarding Arizona housing market.

Chandler Unified School District Attendance Boundaries – 2019-2021 Elementary Schools

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Chandler Unified School District
CUSD 2020-2021 Elementary Boundaries

Click on the map below to view it in full size.

Chandler Unified School District
CUSD 2019-2020 Elementary Boundaries
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New High School in 85249

The Chandler Unified School District is planning to build a new high school near Gilbert and Brooks Farm roads in south Chandler AZ 85249.

It will be about 272,000-square-feet including a football stadium, performing arts center, gymnasium, and athletic fields.

The district aims to start construction in February and have the school open by July 2021. The total cost of construction is estimated to be about $70 million.

CUSD was projected to add 3,000 students over the next decade. Therefore, a new high school will be necessary to prevent class sizes from growing.

While other school districts have considered closing schools, Chandler’s growing populations has prompted CUSD to build several new schools in recent years.

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Data Center Headquarter

After Apple built its two billion dollar data center in the East Valley, Google also announced its plan of investing one billion dollar in the East Mesa to build its datacenter last week.

The heat of building data center here in the metro Phoenix just got even hotter. Goodyear recently has become a choice location for data center users. Vantage and Stream Data Centers both announced plans this year in Goodyear.

Microsoft bought two huge swaths of land in the city to develop data centers. The tech giant also bought a third parcel in El Mirage to build data centers.

Compass also picked the Sun Valley for its data centers. In Goodyear, where Compass will build eight data centers totaling 1.8 million square feet.

American Express, Wells Fargo, DHL, the list goes on and on. These data centers have been already here in the nation’s data center headquarter – the Sun Valley!

This means more high pay jobs are pushing prices of the already heated residential housing market even higher!

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ARMLS Rent Check™ – May, 2019

For the month of May 2019, all RENT Check indicators continued weakening.

Median Lease: $1,550 – Increased from $1,500 the previous month.
Average Lease: $1,707 – Increased slightly from $1,701 of the previous month.
Avg. Days on Market: 25 – Increased slightly from 23 days of the previous month.
Closed Rental: 1,763 – Surged from 1,585 homes the previous month.

Rent Check Quotient™: 1:5 – Rental supplies remains flat as last month.

Rent Check Quotient™ (RCQ™) is the ratio of closed rentals and closed sales.

Due to the continuous holidays and the reduced availability, rent prices came back up firmly but volume dropped while DOM increased.

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Metro Phoenix Housing Market Snapshot – March 2019

Sellers! You can feel the paces to the peak season is getting onto the street. Pretty soon it will be knocking on your front doors…

Metro Phoenix March 2019 Housing Market Snapshot by Gary Chen
Metro Phoenix March 2019 Housing Market Snapshot
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