Old Republic Title Market Report

Chandler, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Chandler, AZ

Sat Jan 23 2021
This week the median list price for Chandler, AZ is $519,000 with the market action index hovering around 85. This is about the same as last month's market action index of 85. Inventory has held steady at or around 129. 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

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

Sat Jan 23 2021
This week the median list price for Chandler, AZ is $519,000 with the market action index hovering around 85. This is about the same as last month's market action index of 85. Inventory has held steady at or around 129. 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

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 $519,000
Per Square Foot $220
Days on Market 69
Price Decreased 31%
Price Increased 12%
Relisted 8%
Inventory 129
Median Rent $2,100
Most Expensive $3,795,000
Least Expensive $200,000
Market Action 85
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
$1,237,500 4,497 0.5 - 1 acre 4 4 17 7 8 144
$592,447 2,474 6,500 - 8,000 sqft 3 2 6 12 11 53
$458,495 2,147 8,000 - 10,000 sqft 3 2 24 12 12 54
$350,000 1,676 4,500 - 6,500 sqft 3 2 31 17 18 25