Navi Title Agency

Chandler, AZ 85249

Single-Family Homes

Here is your weekly Market Update!



Chandler, AZ 85249

Wed May 22 2024
This week the median list price for Chandler, AZ 85249 is $759,500 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has increased to 93. 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 started cooling and prices have been flat for several weeks. Since 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

Wed May 22 2024
This week the median list price for Chandler, AZ 85249 is $759,500 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has increased to 93. 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 started cooling and prices have been flat for several weeks. Since 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 $759,500
Median Price of New Listings $740,000
Per Square Foot $277
Average Days on Market 50
Median Days on Market 21
Price Decreased 48%
Price Increased 1%
Relisted 5%
Inventory 93
Median Rent
Market Action 52
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,199,799 4,383 0.25 - 0.5 acre 5 4 18 5 5 21
$850,000 3,303 0.25 - 0.5 acre 4 3 21 3 4 28
$699,000 2,472 6,500 - 8,000 sqft 4 3 19 2 5 21
$468,000 1,662 4,500 - 6,500 sqft 2 2 25 7 3 35