Chandler Land

Chandler Land Market Highlights

As of Jul 10, 2025, the land market in Chandler is showing notable fluctuations in key metrics that influence buyer behavior and seller strategies.

• The number of active listings has slightly dropped to 10, down from 11 three months ago.
• Notably, the average Days on Market (DOM) for active listings has increased to 154 days, reflecting a slower sales pace.
• With no sold listings currently, watching pending transactions will be essential to gauge future sales activity.

An In-Depth Look at the Chandler Land Market

The Chandler land market has exhibited a unique blend of challenges and opportunities over the past few months. Currently, the number of active listings stands at 10, a slight reduction compared to 11 listings just three months prior. This minor decline in inventory may suggest a slight easing of new supply entering the market, possibly indicating a current optimization of available options for buyers. However, with Days on Market (DOM) climbing to 154 days, this signals a pronounced slowdown in the sales cycle, emphasizing an environment where homes are lingering unsold for extended periods.

Moreover, observing past trends reveals that the remaining inventory market reflects a lower turnover in sold listings, with no current sales recorded, indicating possible caution among prospective buyers or seller hesitancy to accept lower offers. The last recorded sold price was approximately $550,000 nine months ago, suggesting that pricing strategies might need to be reevaluated to entice buyers amid rising DOM.

In this context, a careful review of pending listings is essential, as nine properties are currently under contract with an average price of $879,333. This amount indicates a healthy disparity between active and pending prices, whereby potential listings seek higher offers than what's currently being listed, suggesting that while buyers may find current prices challenging, sellers could have room to negotiate within the pending pricing spectrum.

For both buyers and sellers, this unique dynamic means that leveraging market data from pending listings could guide future buying and selling decisions. Sellers should prepare for potentially longer timelines due to elevated DOM while considering competitive pricing to entice buyers. Conversely, buyers might want to focus on finding value in properties that have sat on the market longer while remaining aware of similar market conditions reflected in pending contracts. Overall, Chandler’s land market currently demands strategic navigation, balancing potential expectations of sellers while catering to buyer apprehensions.