Fri Jun 02 2023
This week the median list price for Chandler, AZ 85248 is $634,499 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 70.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$634,499|
|Median Price of New Listings||$599,000|
|Per Square Foot||$280|
|Average Days on Market||59|
|Median Days on Market||28|
|Strong Seller's Market|
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$824,900||3,166||0.25 - 0.5 acre||4||3||21||2||2||21|
|$699,000||2,631||6,500 - 8,000 sqft||3||2.5||25||3||1||42|
|$596,950||2,079||6,500 - 8,000 sqft||2||2||25||4||7||56|
|$460,000||1,787||6,500 - 8,000 sqft||2||2||36||6||9||21|