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Chandler Arizona Real Estate Market update – Chandler Arizona Real Estate

Chandler Arizona Real Estate Market update – Chandler Arizona Real Estate 

This Week                                                                                                                                                                                                              The median list price in CHANDLER, AZ this week is $188,159. The 1280 properties have been on the market for an average of 126 days.

The Market Action Index has been trending down lately, indicating demand falling along with supply. Conditions point to mildly negative trends for the market.

Supply and Demand                                                                                                                                                                                        Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed.  However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

  

We hope you find this short Chandler real estate market update useful.  Click here to view homes for sale in Chandler Arizona.  Perspective Real Estate Group is ready to help you find your perfect Chandler home for sale.

For more information on Chandler Arizona homes for sale visit us at www.ArizonaPerspective.com