Chandler Real Estate

An In-Depth Look at the Chandler All Property Types Market

The Chandler real estate market has exhibited intriguing movements in key metrics as of May 4, 2025. Over the past month, the number of active listings surged to 1,081, rising from 810 three months ago. This increase in inventory often indicates a more favorable environment for buyers as options expand.

In the sold listings category, prices have fallen to an average of $577,182 compared to $621,496 three months prior. This 7% decline in sold prices may suggest a cooling market where sellers might need to be more flexible with their pricing. The average price per square foot for recently sold homes remains at $296, consistent with the earlier trends, while the average price per square foot for active listings has seen a slight increase to $300.

Examining the days on market (DOM), we find that active listings linger an average of 67 days before a sale, a significant increase from 90 days noted three months back. This trend suggests an easing of demand, leading to longer wait times for sellers.

Additionally, the months of inventory indicator stands at 4.3, slightly up from 4.1, which confirms a balanced market environment. With inventory levels continuing to rise alongside modest reductions in selling prices, we see a potential shift where buyers may be gaining some leverage. Economic factors, such as recent interest rate movements and consumer confidence, may also contribute to these market dynamics.

For both buyers and sellers, the current landscape offers strategies to consider. Buyers can explore the increased selections without rushing, while sellers need to be aware of the market adjustments in pricing strategy. Understanding these trends will provide valuable insight into navigating the Chandler real estate market effectively.