Navi Title Agency

Chandler, AZ 85224

Single-Family Homes

Here is your weekly Market Update!



Chandler, AZ 85224

Fri Jun 02 2023
This week the median list price for Chandler, AZ 85224 is $499,000 with the market action index hovering around 75. This is an increase over last month's market action index of 74. Inventory has decreased to 15. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Chandler, AZ 85224

Fri Jun 02 2023
This week the median list price for Chandler, AZ 85224 is $499,000 with the market action index hovering around 75. This is an increase over last month's market action index of 74. Inventory has decreased to 15. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $499,000
Median Price of New Listings $515,000
Per Square Foot $307
Average Days on Market 57
Median Days on Market 28
Price Decreased 47%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent
Market Action 75
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$720,000 2,762 6,500 - 8,000 sqft 4 3 34 0 1 35
$522,500 1,824 4,500 - 6,500 sqft 3 2 32 2 1 3
$494,500 1,419 4,500 - 6,500 sqft 3 2 41 0 1 45
$454,950 1,392 6,500 - 8,000 sqft 3 2 44 1 2 31