Lawyers Title Market Report

Chandler, AZ 85226

Single-Family Homes

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Chandler, AZ 85226

Mon Jun 21 2021
This week the median list price for Chandler, AZ 85226 is $484,450 with the market action index hovering around 95. This is about the same as last month's market action index of 95. Inventory has decreased to 12. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Chandler, AZ 85226

Mon Jun 21 2021
This week the median list price for Chandler, AZ 85226 is $484,450 with the market action index hovering around 95. This is about the same as last month's market action index of 95. Inventory has decreased to 12. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Chandler market.
Median List Price $484,450
Median Price of New Listings $434,900
Per Square Foot $268
Average Days on Market 13
Median Days on Market 7
Price Decreased 8%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $2,525
Market Action 95
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$585,000 2,238 6,500 - 8,000 sqft 4 2 27 1 1 7
$499,999 2,160 8,000 - 10,000 sqft 3 2 31 2 1 7
$434,900 1,555 8,000 - 10,000 sqft 3 2 34 2 2 0
$360,000 1,350 4,500 - 6,500 sqft 3 2 29 2 3 14