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Chandler, AZ 85224

Single-Family Homes

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Chandler, AZ 85224

Sat Dec 03 2022
This week the median list price for Chandler, AZ 85224 is $465,000 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 65. 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 85224

Sat Dec 03 2022
This week the median list price for Chandler, AZ 85224 is $465,000 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 65. 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 $465,000
Median Price of New Listings $495,000
Per Square Foot $304
Average Days on Market 80
Median Days on Market 77
Price Decreased 78%
Price Increased 2%
Relisted 9%
Inventory 65
Median Rent
Market Action 40
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$624,500 2,095 8,000 - 10,000 sqft 4 2.3 38 1 4 24
$499,250 1,732 6,500 - 8,000 sqft 3 2 41 3 4 56
$450,000 1,482 6,500 - 8,000 sqft 3 2 41 1 1 98
$417,000 1,336 6,500 - 8,000 sqft 3 2 41 0 4 91