Clear Title Agency of Arizona

Chandler, AZ

Single-Family Homes

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Chandler, AZ

Thu Jan 20 2022
This week the median list price for Chandler, AZ is $610,450 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has decreased to 178. 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

Thu Jan 20 2022
This week the median list price for Chandler, AZ is $610,450 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has decreased to 178. 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 $610,450
Median Price of New Listings $606,000
Per Square Foot $282
Average Days on Market 47
Median Days on Market 28
Price Decreased 28%
Price Increased 4%
Relisted 2%
Inventory 178
Median Rent $2,400
Market Action 77
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
$897,450 3,327 0.25 - 0.5 acre 4 3.3 19 14 9 35
$668,100 2,613 8,000 - 10,000 sqft 4 2.5 22 15 8 35
$549,900 1,860 6,500 - 8,000 sqft 3 2 27 15 11 28
$450,000 1,609 4,500 - 6,500 sqft 3 2 34 16 21 21