Chandler Homes Market Overview
Chandler Homes Market Highlights
As of May 4, 2025, the single family homes market in Chandler has shown notable shifts highlighting a blend of stability and emerging trends.
- Over the past month, active listings have risen to 851 from 649 three months ago, indicating a growing supply in the market.
- The average sold price has slightly decreased to $631,873, down from $644,908 three months ago, suggesting buyers are finding more options at competitive prices.
- Days on market (DOM) have improved, currently at 62 days, down from 83 days three months ago, which indicates quicker sales.
- Months of inventory currently stands at 4.0, remaining stable and suggesting a balanced market.
Curious how the Chandler Homes market has changed over time?
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Chandler Homes Market Report
An In-Depth Look at the Chandler Homes Market
As we delve into a more detailed examination of the Chandler single family homes market as of May 4, 2025, several trends are evident, particularly when considering current statistics against historical data.
Currently, there are 851 active listings, a notable increase from 649 just three months ago. This surge in inventory can be linked to the influx of new listings, catering to a demand that has fluctuated but remains robust. When we compare this to the 530 active listings from six months ago, we see a clear trend of expanded options for buyers, with inventory levels now reflecting a more competitive atmosphere.
In terms of prices, the average sold price is $631,873, which marks a decline from $644,908 three months ago, and a bit higher than last year’s $641,179 averages. Despite the slight decrease, it’s important to note that sold prices remain relatively sturdy when compared to earlier factors such as DOM and buyers' willingness to negotiate. This is illustrated by the sold price to original list price percentage, which sits at 96%, showing that homes are generally selling close to their asking prices.
Furthermore, the average days on market has dropped to 62 days, a decrease from 83 days three months ago. This shift indicates a quicker turnover in sales, suggesting buyers are more eager to make decisions, likely influenced by various factors such as economic conditions or interest rates. A lower DOM often points to a market that is responding positively, signaling a return to more confident buyer behavior.
Additionally, the months of inventory remains constant at 4.0, indicating a balanced market. Generally speaking, this level of inventory is typical for a city like Chandler, where the balance between supply and demand tends to favor neither buyers nor sellers exclusively. Notably, this signals that while options are available, buyers are still navigating a market where competition exists.
To summarize, the Chandler single family homes market displays a mix of rising inventory and slightly decreased prices, underpinned by faster sales indicated by lower days on market. These trends suggest that while the market is expanding, buyers are benefiting from a wider range of homes while negotiating prices that reflect a sophisticated, balanced approach. With these factors in mind, both buyers and sellers can navigate this evolving landscape with informed strategies.
Brian Adamski, Realtor
Top Producing Agent | Turning Uncertainty into Peace of Mind
480-405-1265
