Old Republic Title Market Report

Chandler, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Chandler, AZ

Thu Jan 23 2020
This week the median list price for Chandler, AZ is $430,000 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 367. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Chandler, AZ

Thu Jan 23 2020
This week the median list price for Chandler, AZ is $430,000 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 367. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $430,000
Per Square Foot $187
Days on Market 87
Price Decreased 48%
Price Increased 5%
Relisted 6%
Inventory 367
Median Rent $1,895
Most Expensive $9,000,000
Least Expensive $209,900
Market Action 51
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
$775,000 3,970 0.25 - 0.5 acre 4 3 16 10 13 148
$485,995 2,677 8,000 - 10,000 sqft 4 2 17 18 16 72
$389,400 2,201 0 - 4,500 sqft 3 2 21 17 18 79
$318,392 1,658 0 - 4,500 sqft 3 2 29 26 42 48