Your Localized Market Report

Chandler, AZ

Single-Family Homes

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Chandler, AZ

Mon Feb 06 2023
This week the median list price for Chandler, AZ is $566,500 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 406. 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

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

Mon Feb 06 2023
This week the median list price for Chandler, AZ is $566,500 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 406. 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

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 $566,500
Median Price of New Listings $542,000
Per Square Foot $282
Average Days on Market 93
Median Days on Market 84
Price Decreased 55%
Price Increased 3%
Relisted 7%
Inventory 406
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$899,000 3,517 0.25 - 0.5 acre 4 3.5 17 11 11 105
$635,000 2,293 8,000 - 10,000 sqft 4 2.5 22 14 20 91
$510,000 1,842 6,500 - 8,000 sqft 3 2 27 15 14 77
$417,000 1,408 4,500 - 6,500 sqft 2 2 33 18 24 56