Navi Title Agency

Chandler, AZ 85248

Single-Family Homes

Here is your weekly Market Update!



Chandler, AZ 85248

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. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Chandler, AZ 85248

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. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Chandler 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
Price Decreased 51%
Price Increased 0%
Relisted 4%
Inventory 70
Median Rent
Market Action 58
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.

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
$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