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May 2023 Chandler AZ Market Update

Chandler AZ Real Estate Housing Market Update

Chandler AZ Real Estate Housing Market Update

📈 2023 May Chandler AZ Housing Market Trends Report, Statistics and House Value

Here are May 2023 Chandler AZ Housing Market Update for Single Family Home. Be sure to Contact Swee Ng Realtor®, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Chandler AZ as 6/3/2023, provided by the FlexMLS system.

May 2023 Chandler AZ Housing Market Update Highlight
  • 2023 May number of new listings homes for sale in Chandler AZ has decreased about 53.3% from a year ago
  • May 2023 average sold price for single family home in Chandler is $649,261, that is about 8.3% decreased from a year ago
  • Chandler AZ single family home median sold price in May is $553,500, that is about 9.3% decreased from May 2022
  • Almost all of Single Family Homes sold in May 2023 are traditional sale
  • Most expensive home sold in May 2023 Chandler AZ was sold for $3,525,000

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May 2023 Number of Home Sold Chandler AZ

Based May 2023 statistic, we saw 250 single family homes sold in Chandler AZ compare to 312 in May 2022. That is about 19.9% decreased of number of homes sold from a year ago.

The Days on Market (DOM) in May 2023 is 59 days, compare to 19 in May 2022. It average took 59 days to get a single family home in Chandler AZ sold in May 2023.

Chandler AZ May 2023 Median Sold Price

May 2023 median sold price for single family homes in Chandler AZ is $553,500. Median sold price in May 2022 is $610,000. Compare to a year ago, the median sold price for single family home in Chandler is about 9.3% decreased from May 2022.

May 2023 Chandler Median Sold Price was $553,500
Click here to View Homes for Sale in Chandler Under $550,000

2023 May Chandler AZ Average Sold Price

Average sold price for single family homes in May 2023 is $649,261. Compare to last year, average sold price is $708,111. The average sold price for single family home in Chandler AZ had decreased about 8.3% from May 2022.

There are 27 million dollars homes listing sold in May 2023 in Chandler AZ.

May 2023 Chandler Average Sold Price was $649,261
Click here to View Homes for Sale in Chandler Under $625,000

2023 May Average Sold Price Per Square Feet

The average price per square feet for single family home in Chandler in May 2023 is $293.00 per square feet, compare to $316.00 a year ago.

May 2023 average Sold Price per square feet is $293
Click here to View Homes for Sale in Chandler Under $250 per square feet

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

If you are considering buying a home in Chandler there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

💡 Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

May 2023 Housing Market Report by Chandler AZ zip code

Chandler AZ zip code Median Sold Price Average Sold Price
Chandler AZ 85224 $460,000 $498,014
Chandler AZ 85225 $476,000 $506,965
Chandler AZ 85226 $525,000 $637,334
Chandler AZ 85248 $690,000 $721,184
Chandler AZ 85249 $649,000 $758,379
Chandler AZ 85286 $585,000 $634,343

Affordable Financing Options Available

Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Chandler AZ with a low down payment.

Wondering how much house I can afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.


Selling your home in Chandler AZ

Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Chandler AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What my Chandler AZ Homes is Worth?

Swee Ng, Swee Ng Realtor® in Phoenix East Valley specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Chandler or surrounding area, I would the the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.

New Listings in Last 24 Hours Chandler AZ

Homes for Sale Chandler AZ
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
New Construction Homes for SaleHomes with Pool for Sale
Single Story Homes for SaleWaterfront Homes for Sale
Golf Course Lot Homes for SaleGated Community Homes for Sale
Homes with Guest HouseNO HOA Homes for Sale
Just Reduced Price Homes for SaleRecently Sold Homes

Just Reduced Price Homes for Sale Chandler AZ

We can help!
We would love the opportunity to help you for your real estate needs in Phoenix area! ☎️ Call or 📱 text us at 480-721-6253 today.

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Summary
Article Name
2023 May Chandler AZ Housing Market Trends Report
Description
2023 May Chandler AZ Housing Market Trends Report, Statistics and House Value. May 2023 average sold price for single family home in Chandler is $649,261, that is about 8.3% decreased from a year ago.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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