Carino Estates is one of my favorite Chandler neighborhoods! It is located south of Ryan Avenue, between Alma School and Arizona Avenues in the heart of south Chandler and developed by Shea Homes. Hancock Elementary School is located at 2425 S. Pleasant Drive adjacent to the vast Ryan Park, north of Ryan Avenue and Hamilton High School, a very popular school is located at 3700 South Arizona Avenue. With many major stores and restaurants such as Stein Mart, HomeGoods, Sprouts, OfficeMax, Native New Yorker, Albertsons, Target, Keegans, Big 5 Sporting Goods, Fry’s and the Cobblestone Auto Spa, there are many options to choose from.
As far as pricing right now, Carino Estates couldn’t be more affordable! There are currently 12 active listings ranging from $189,000 (1519sf) to $325,000 (3024sf). 8 listings are currently pending and within the past 3 months, there have been 11 closings with a low of $210,000 (1753sf) to a high of $285,000 (2750sf) and an average of $244,000 (2074sf). Out of the 11, 3 were short sale/pre-foreclosures, 3 were lender owned properties and the remaining 5 were regular transactions. 2 of those regular transactions were cash, 1 an FHA loan and 8 conventional loans. Properties in Carino Estates are currently on the market for an average of 64 days. Regular or non-distressed properties are on the market an average of 51 days while distressed properties such as short sales, pre-foreclosures and lender owned properties are on the market an average of 75 days. Carino Estates is a great community and with Ryan Park and the many greenbelts, you will always see kids playing, people walking their dogs or just basically enjoying the great weather we’re having right now! If you’re thinking of making a move to the Chandler area or considering selling, please give me a call.