Navi Title Agency

Chandler, AZ 85249

Single-Family Homes

Here is your weekly Market Update!



Chandler, AZ 85249

Thu Sep 21 2023
This week the median list price for Chandler, AZ 85249 is $787,450 with the market action index hovering around 59. This is less than last month's market action index of 67. Inventory has increased to 60. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Chandler, AZ 85249

Thu Sep 21 2023
This week the median list price for Chandler, AZ 85249 is $787,450 with the market action index hovering around 59. This is less than last month's market action index of 67. Inventory has increased to 60. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $787,450
Median Price of New Listings $790,000
Per Square Foot $280
Average Days on Market 41
Median Days on Market 21
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 60
Median Rent
Market Action 59
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
$1,375,000 3,949 0.5 - 1 acre 4 4 18 3 0 14
$949,900 3,862 0.25 - 0.5 acre 5 4 18 6 3 28
$699,900 2,753 8,000 - 10,000 sqft 4 3 20 5 1 21
$454,900 1,676 4,500 - 6,500 sqft 2 2 25 1 0 21