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Chandler, AZ 85248

Single-Family Homes

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Chandler, AZ 85248

Fri Jan 21 2022
This week the median list price for Chandler, AZ 85248 is $632,450 with the market action index hovering around 73. This is an increase over last month's market action index of 71. Inventory has decreased to 42. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Chandler, AZ 85248

Fri Jan 21 2022
This week the median list price for Chandler, AZ 85248 is $632,450 with the market action index hovering around 73. This is an increase over last month's market action index of 71. Inventory has decreased to 42. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $632,450
Median Price of New Listings $649,950
Per Square Foot $283
Average Days on Market 29
Median Days on Market 21
Price Decreased 26%
Price Increased 2%
Relisted 0%
Inventory 42
Median Rent $4,000
Market Action 73
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$864,000 2,991 8,000 - 10,000 sqft 4 2.8 23 5 3 3
$707,500 2,597 8,000 - 10,000 sqft 2 2 23 3 3 14
$595,000 1,948 6,500 - 8,000 sqft 2 2 28 4 2 7
$450,000 1,717 6,500 - 8,000 sqft 2 2 35 2 5 21