First Arizona Title's Market Report

Chandler, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Chandler, AZ

Sun Apr 18 2021
This week the median list price for Chandler, AZ is $467,450 with the market action index hovering around 99. This is an increase over last month's market action index of 95. Inventory has held steady at or around 116. Click here to stay informed with the Chandler market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Chandler, AZ

Sun Apr 18 2021
This week the median list price for Chandler, AZ is $467,450 with the market action index hovering around 99. This is an increase over last month's market action index of 95. Inventory has held steady at or around 116. Click here to stay informed with the Chandler market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $467,450
Per Square Foot $238
Days on Market 7
Price Decreased 16%
Price Increased 9%
Relisted 3%
Inventory 116
Median Rent $2,200
Most Expensive $3,900,000
Least Expensive $210,000
Market Action 99
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,149,900 4,050 0.25 - 0.5 acre 5 3 16 10 9 21
$535,000 2,461 8,000 - 10,000 sqft 4 2 19 14 13 7
$420,000 1,763 4,500 - 6,500 sqft 3 2 26 19 19 0
$330,000 1,348 4,500 - 6,500 sqft 3 2 35 22 20 0