Old Republic Title Market Report

Chandler, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Chandler, AZ

Thu Feb 27 2020
This week the median list price for Chandler, AZ is $439,444 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has held steady at or around 326. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Chandler, AZ

Thu Feb 27 2020
This week the median list price for Chandler, AZ is $439,444 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has held steady at or around 326. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $439,444
Per Square Foot $186
Days on Market 66
Price Decreased 36%
Price Increased 7%
Relisted 3%
Inventory 326
Median Rent $1,925
Most Expensive $8,800,000
Least Expensive $220,000
Market Action 57
Strong Seller's Market

The market appears to be 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
$825,000 4,063 0.25 - 0.5 acre 5 3 15 14 14 130
$515,000 2,844 8,000 - 10,000 sqft 4 2 17 19 15 46
$389,900 2,137 8,000 - 10,000 sqft 3 2 23 26 29 54
$311,000 1,637 0 - 4,500 sqft 3 2 30 23 25 33