Chandler, AZ 85249 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market signal is the median sold price $812,500, which represents the most reliable indicator of current value given recent transactions; paired with a higher median listing price $699,500, this gap suggests seller expectations and transaction prices are misaligned, which may indicate pricing friction rather than rapid market appreciation or collapse.
2. The sales cadence is slow: the median days on market 225 points to extended marketing times and slower sales velocity, which may indicate that properties require longer exposure to reach contract in the current cycle.
3. Inventory context in the analyzed sample shows a relatively constrained active supply versus recent closings, supporting a market that appears more balanced than overheated; with a median price per square foot 258, price levels are stable but neutral in momentum given other soft signals.
4. Macro pressure is weighing on the local market: interest rate pressure is elevated, and both the price year-over-year trend and rent year-over-year trend are reported as down, which together suggest caution for buyers and sellers despite a neutral market temperature reported as neutral.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.