Lawyers Title Market Report

Chandler, AZ

Single-Family Homes

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Chandler, AZ

Wed Nov 13 2019
This week the median list price for Chandler, AZ is $445,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 470. 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 Nov 13 2019
This week the median list price for Chandler, AZ is $445,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 470. 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 $445,000
Per Square Foot $184
Days on Market 70
Price Decreased 54%
Price Increased 4%
Relisted 5%
Inventory 470
Median House Rent $1,813
Most Expensive $8,750,000
Least Expensive $165,000
Market Action Index
Strong Seller's Market
54

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
$740,000 4,066 0.25 - 0.5 acre 5 3 14 7 8 121
$499,000 2,846 8,000 - 10,000 sqft 4 3 16 20 15 59
$409,950 2,290 8,000 - 10,000 sqft 4 2 19 20 26 50
$300,000 1,610 0 - 4,500 sqft 3 2 32 30 34 47