First Integrity Title Market Report

Chandler, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Chandler, AZ

Thu Dec 08 2022
This week the median list price for Chandler, AZ is $385,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 89. 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.

Slight Seller's Advantage

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

Thu Dec 08 2022
This week the median list price for Chandler, AZ is $385,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 89. 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.

Slight Seller's Advantage

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 $385,000
Median Price of New Listings $349,900
Per Square Foot $293
Average Days on Market 67
Median Days on Market 63
Price Decreased 62%
Price Increased 0%
Relisted 4%
Inventory 89
Median Rent
Market Action 40
Slight Seller's Advantage

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
$512,500 1,704 0 - 4,500 sqft 2 2 5 2 2 70
$424,499 1,528 0 - 4,500 sqft 2 2.5 16 1 0 70
$354,950 1,189 0 - 4,500 sqft 2 2 29 3 4 28
$290,000 1,003 0 - 4,500 sqft 2 2 36 3 1 70