Old Republic Title Market Report

Chandler, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Chandler, AZ

Wed Oct 23 2019
This week the median list price for Chandler, AZ is $440,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 505. 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

Wed Oct 23 2019
This week the median list price for Chandler, AZ is $440,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 505. 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 $440,000
Per Square Foot $185
Days on Market 68
Price Decreased 49%
Price Increased 5%
Relisted 4%
Inventory 505
Median House Rent $1,810
Most Expensive $8,750,000
Least Expensive $149,900
Market Action Index
Strong Seller's Market
53

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

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
$786,944 4,050 0.25 - 0.5 acre 5 3 14 9 15 117
$490,000 2,890 8,000 - 10,000 sqft 4 2 16 25 10 57
$406,745 2,254 8,000 - 10,000 sqft 4 2 18 29 23 56
$300,000 1,584 0 - 4,500 sqft 3 2 31 35 40 41