Chandler, Arizona, continues to be a focal point in the Phoenix metropolitan area’s real estate landscape. As of April 2025, the residential market exhibits a blend of stability and subtle shifts, reflecting broader economic trends and local dynamics.
Current Market Overview
- Home Values: The average home value in Chandler stands at approximately $528,421, showing no significant change over the past year. Redfin+3Zillow+3Investguiding+3
- Median Listing and Sold Prices: In February 2025, the median listing price was $576,500, marking a 1.5% decrease compared to the previous year. The median sold price during the same period was $525,000. Realtor
- Market Competitiveness: Homes in Chandler typically sell after 48 days on the market, with some properties receiving multiple offers. The sale-to-list price ratio is approximately 99.43%, indicating that homes are selling close to their asking prices. Realtor+1Redfin+1
Inventory and Sales Activity
- Active Listings: As of March 2025, there were 1,140 homes for sale, an 11.4% increase from February 2025. This uptick in inventory provides buyers with more options. Rocket – Help Everyone Home
- Sales Volume: In February 2025, 190 homes were sold, representing a 10.4% decrease compared to the same period last year. This decline may be attributed to various factors, including economic conditions and seasonal trends. Redfin
Price Trends by Property Type
- Single-Family Homes: The average sold price for single-family homes in February 2025 was $644,782, reflecting a 1.4% increase from the previous year. Phoenix Real Estate+1Phoenix Real Estate+1
- Price Per Square Foot: The average price per square foot for single-family homes was $301 in February 2025, up from $289 the previous year, indicating a steady appreciation in property values. Phoenix Real Estate
Market Dynamics
The Chandler housing market is currently balanced, with supply and demand aligning closely. This equilibrium suggests that neither buyers nor sellers hold a distinct advantage, leading to fair market transactions. Norada Real Estate
Future Outlook
Experts predict that the housing market will not experience a crash in 2025 but may undergo price corrections, particularly in areas that saw rapid price increases during the pandemic. Factors such as interest rates, inventory levels, and economic policies will play crucial roles in shaping the market’s trajectory. Better Homes & Gardens
Conclusion
Chandler’s residential real estate market in April 2025 reflects a period of stabilization, with modest fluctuations in prices and inventory. For prospective buyers and sellers, understanding these trends is essential for making informed decisions. Engaging with local real estate professionals can provide valuable insights tailored to individual needs and goals.