Old Republic Title's Market Report

Chandler, AZ

Single-Family Homes



Chandler, AZ

Tue Sep 27 2022
This week the median list price for Chandler, AZ is $575,500 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 666. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Chandler, AZ

Tue Sep 27 2022
This week the median list price for Chandler, AZ is $575,500 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 666. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $575,500
Median Price of New Listings $595,000
Per Square Foot $292
Average Days on Market 52
Median Days on Market 42
Price Decreased 71%
Price Increased 1%
Relisted 4%
Inventory 666
Median Rent
Market Action 40
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$896,450 3,537 0.25 - 0.5 acre 4 3 18 25 22 49
$644,250 2,308 8,000 - 10,000 sqft 4 2.5 21 16 13 42
$519,000 1,763 6,500 - 8,000 sqft 3 2 28 16 22 49
$440,000 1,387 6,500 - 8,000 sqft 3 2 37 18 21 42