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January 2025 Chandler Housing Market Report

Writer's picture: Ron WilczekRon Wilczek

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Source for monthly Chandler Housing Market Report by Realtors serving Chandler, AZ. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (ARMLS).


  Text 602-300-0374

 



LISTINGS TO BEGIN JANUARY and DECEMBER RESULTS


(Table may require a swipe left on mobile device)

Strong Buyer's Market

Buyer's Market

Balanced

Seller's Market

Strong Seller's Market

On a price per-square foot average (see charts below):

  • At $283 per-square in December, prices are up $2 from November, up $7 from last December, but down $11 from their peak in May '22

  • Last month, sellers received an average of -$8,486 less than their asking prices

  • January 2025 began with 356 listings, which is 120% of the 3 year average of 297  (from 2022-2024)

  • December had 157 sales, or 58% of the 3 year average of 271 (from 2021-2023)  

  • Chandler is currently turning over housing inventory once every 2.4 months

  • Days on market for sold homes are currently 60

  • Bank-owned properties and short sales made up only 0.6% of all Chandler sales last month

 

     

Chandler Housing Market Report Updated in January 2025


To reduce data errors results are based on:

  1. Chandler SOLD single family residences, patio homes, and townhomes (ask us about condos)

  2. List/sales price under $1,000,000

  3. Size over 1,000 sq ft.

  4. Calendar month



Chandler sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).


 

(Table may require a swipe left on mobile device)

Month

Total Active

Total Sold

% Sold

MO. INV.

Sq ft

Price

DOM

$$ sq ft

+/- List Price

Jan-25

356

 

 

 

 

 

 

 

 

Dec-24

375

157

41.9%

2.4

2,031

$575,233

60

$283

-$8,486

Nov-24

410

175

42.7%

2.3

1,966

$551,981

48

$281

-$9,532

Oct-24

411

200

48.7%

2.1

1,942

$553,129

52

$285

-$8,670

Sep-24

352

163

46.3%

2.2

1,997

$562,587

53

$282

-$8,851

Aug-24

341

190

55.7%

1.8

1,911

$553,692

40

$290

-$5,931

Jul-24

337

209

62.0%

1.6

2,069

$580,834

40

$281

-$8,470

Jun-24

285

218

76.5%

1.3

2,110

$586,575

40

$278

-$8,336

May-24

251

261

104.0%

1.0

2,013

$574,107

42

$285

-$6,372

Apr-24

239

204

85.4%

1.2

1,995

$569,360

49

$285

-$8,444

Mar-24

251

211

84.1%

1.2

2,022

$564,539

40

$279

-$6,294

Feb-24

241

189

78.4%

1.3

2,054

$560,764

51

$273

-$7,654

Jan-24

228

134

58.8%

1.7

1,927

$533,994

45

$277

-$8,397

 

 

 

 

 

 

 

 

 

 

Dec-23

265

136

51.3%

1.9

2,068

$571,310

43

$276

-$10,170

Nov-23

256

150

58.6%

1.7

2,058

$567,310

42

$276

-$6,568

Oct-23

203

152

74.9%

1.3

2,056

$580,188

44

$282

-$8,833

Sep-23

168

141

83.9%

1.2

2,004

$553,366

37

$276

-$2,173

Aug-23

128

188

146.9%

0.7

1,925

$537,265

39

$279

-$3,002

Jul-23

124

211

170.2%

0.6

2,030

$561,195

33

$276

-$2,223

Jun-23

166

243

146.4%

0.7

2,025

$559,858

37

$276

-$5,764

May-23

181

250

138.1%

0.7

1,952

$539,362

55

$276

-$6,130

Apr-23

214

219

102.3%

1.0

2,058

$552,236

63

$268

 

Mar-23

364

261

71.7%

1.4

1,980

$519,995

70

$263

 

Feb-23

335

190

56.7%

1.8

1,966

$518,746

72

$264

 

Jan-23

392

161

41.1%

2.4

2,084

$534,738

64

$257

 

 

 

 

 

 

 

 

 

 

 

Dec-22

468

207

44.2%

2.3

2,035

$528,696

68

$260

 

Nov-22

555

155

27.9%

3.6

2,068

$536,263

63

$259

 

Oct-22

586

210

35.8%

2.8

2,041

$538,747

55

$264

 

Sep-22

593

261

44.0%

2.3

2,018

$550,498

47

$273

 

Aug-22

605

244

40.3%

2.5

1,928

$541,184

37

$281

 

Jul-22

465

216

46.5%

2.2

1,994

$573,541

29

$288

 

Jun-22

309

268

86.7%

1.2

2,001

$584,616

19

$292

 

May-22

158

306

193.7%

0.5

2,023

$594,089

19

$294

 

Apr-22

94

316

336.2%

0.3

2,022

$593,181

24

$293

 

Mar-22

87

344

395.4%

0.3

1,986

$570,155

24

$287

 

Feb-22

116

287

247.4%

0.4

2,019

$560,981

26

$278

 

Jan-22

141

240

170.2%

0.6

1,994

$528,628

30

$265

 

 

 

Table Explanation for Scottsdale Housing Market Report

NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.

  1. Total Active – # of homes for sale at the beginning of the current month

  2. Total Sold – # of homes sold in the current month

  3. % Sold – a ratio of total sold to total active

  4. MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory

  5. Sq ft – average square footage of sold homes

  6. Price – average sales price of sold homes

  7. DOM – Days On Market, or average days to sale

  8. $ sq ft – average price per square foot

  9. +/- List Price – the average dollars received by sellers above or below their average list prices


Chandler Housing Market Report


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