Chandler AZ Real Estate Housing Market Report - September 2022

Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Chandler AZ Real Estate Housing Market Report for September 2022:
After decreasing for three straight months the average sales price of Chandler homes has increased from $627,934 in August to $663,563 in September. This is a good sign as we head into the fall, as home prices have decreased in September of the previous three years.

After increasing or remaining the same for 24 consecutive months, the average sales price per square foot of Chandler homes has now decreased for the fourth straight month. The average sales price has dropped from $315/sf in May to $292/sf in September. This is still a $24/sf increase from the $268/sf in September of 2021.
The days on market has now increased for the fourth straight month, going from 20 DOM in May to 49 DOM for September, more than doubling in four months. The DOM had remained at or below 31 since February of 2021. Homes in Chandler are still selling fast, but they have certainly slowed down as we enter the slower housing season this fall.
Click on the image below to read the full article and see what is going on in the Chandler Arizona real estate market.

Feel free to reach out to me if you have any questions about buying a home, selling your home, or investing in the Chandler, AZ or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.

"Real Estate is not just a job for me,
it's about making a difference in the lives of others"
Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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Licensed Residential Realtor® in Arizona at 602-295-6807


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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Comments (2)

Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Troy what a great report and love how you take those who want to read further past AR:)Endre

Oct 13, 2022 11:09 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thank you Endre Barath, Jr. I try to provide valuable info about what is going on in our local real estate market.

Oct 14, 2022 09:40 AM