Why Live in Ocotillo
Less than 25 miles southeast of Phoenix on the southern end of Chandler, Ocotillo offers suburban living amidst scenic man-made lakes, a renowned golf club, and pristine landscaping. “It’s a beautiful area, and because of the way its kept, that’s why the values are so high and continuing to stay high,” says Katrina McCarthy, a lifelong area resident and a Realtor with Hague Partners. “From a family standpoint, the Chandler School District is one of the number one school districts in the state, which attracts a lot of buyers.”
While the area is largely residential, commercial pockets feature shopping centers and trendy restaurants. “There is a lot in the area in regard to shopping, dining, and entertainment,” McCarthy says. “It’s newer from a residential and commercial standpoint. Yes, you’ll find some 20-plus-year-old homes, but they’ve done a good job of keeping it up and bringing in fun restaurants. It’s also right by The Price Corridor, which brings a lot of opportunity to the area from a work standpoint.” The Price Corridor on Ocotillo’s west side is a fast-growing corporate district and is Chandler’s largest employment hub, home to over 700 companies including Intel, Wells
Home Trends in Ocotillo, AZ
On average, homes in Ocotillo, Chandler sell after 24 days on the market compared to the national average of 69 days. The median sale price for homes in Ocotillo, Chandler over the last 12 months is $375,000, down 21% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$375,000
Median Townhouse Sale Price
$276,500
Median 2 Bedroom Sale Price
$650,000
Average Price Per Sq Ft
$255
Number of Homes for Sale
27
Last 12 months Home Sales
316
Median List Price
$400,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-21%