Lawyers Title Market Report

Chandler, AZ 85249

Single-Family Homes

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Chandler, AZ 85249

Mon Jun 21 2021
This week the median list price for Chandler, AZ 85249 is $751,950 with the market action index hovering around 93. This is less than last month's market action index of 98. Inventory has increased to 38. 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 85249

Mon Jun 21 2021
This week the median list price for Chandler, AZ 85249 is $751,950 with the market action index hovering around 93. This is less than last month's market action index of 98. Inventory has increased to 38. 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 $751,950
Median Price of New Listings $695,000
Per Square Foot $250
Average Days on Market 32
Median Days on Market 7
Price Decreased 16%
Price Increased 16%
Relisted 3%
Inventory 38
Median Rent $2,675
Market Action 93
Strong Seller's Market

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,699,900 5,489 0.5 - 1 acre 5 4 17 1 0 42
$900,000 4,461 0.25 - 0.5 acre 5 3 16 6 2 0
$668,500 2,799 0.25 - 0.5 acre 4 3 17 2 4 31
$450,000 1,703 6,500 - 8,000 sqft 3 2 20 6 6 0