First Integrity Title Market Report

Chandler, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Chandler, AZ

Thu Apr 25 2024
This week the median list price for Chandler, AZ is $444,900 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has decreased to 61. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Chandler, AZ

Thu Apr 25 2024
This week the median list price for Chandler, AZ is $444,900 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has decreased to 61. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $444,900
Median Price of New Listings $444,900
Per Square Foot $301
Average Days on Market 66
Median Days on Market 35
Price Decreased 48%
Price Increased 2%
Relisted 3%
Inventory 61
Median Rent
Market Action 46
Strong Seller's Market

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
$549,500 1,756 0 - 4,500 sqft 3 2 18 2 1 77
$500,000 1,770 0 - 4,500 sqft 2 2 8 2 2 42
$399,900 1,464 0 - 4,500 sqft 2 2 17 3 4 28
$332,000 1,083 0 - 4,500 sqft 2 2 24 2 3 38