📈 May 2022 Chandler AZ Housing Market Update

Here are 2022 May Chandler AZ real estate market report, statistics and house value 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 as 6/3/2022 provided by the FlexMLS system.

2022 May Chandler AZ Housing Market Update Highlight
  • Number of new listings homes for sale has increased about 23.6% compare from May 2021
  • May 2022 average sold price for single family home in Chandler is $708,111, that is about 29.9% increased from a year ago
  • Chandler AZ single family home median sold price in May is $610,000, that is about 26.8% increased from May 2021
  • Almost all of Single Family Homes sold in May 2022 are traditional sale
  • Most expensive home sold in May 2022 Chandler AZ is sold for $3,525,000

You might be interested:
May 2022 Phoenix Housing Market Report
May 2022 Ahwatukee Housing Market Report
May 2022 Gilbert Housing Market Report
May 2022 Mesa Housing Market Report
May 2022 Tempe Housing Market Report
May 2022 Scottsdale Housing Market Report

May 2022 Number of Home Sold Chandler AZ

Based 2022 May Chandler AZ housing market statistic, we saw 312 single family homes sold in Chandler AZ compare to 369 in May 2021. That is about 15.4% decreased of number of homes sold from a year ago.

The Days on Market (DOM) in May 2022 was 19 days, compare to 20 in May 2021. It average took 19 days to get a single family home in Chandler AZ sold in May 2022.

May 2022 Chandler AZ Median Sold Price

May 2022 median sold price for single family homes in Chandler AZ is $610,000. Median sold price in May 2021 is $481,000. Compare to a year ago, the median sold price for single family home in Chandler has appreciate about 26.8% from May 2021.

May 2022 Chandler Median Sold Price was $610,000
Click here to View Homes for Sale in Chandler Under $600,000

Chandler AZ 2022 May Average Sold Price

Average sold price for single family homes in May 2022 is $708,111. Compare to last year, average sold price is $545,277. The average sold price for single family home in Chandler AZ had increased about 29.9% from May 2021.

There are 35 million dollars homes listing sold in May 2022 in Chandler AZ.

May 2022 Chandler Average Sold Price was $708,111
Click here to View Homes for Sale in Chandler Under $700,000

2022 May Average Sold Price Per SQFT

The average price per square feet for single family home in Chandler in May 2022 is $316.00 per square feet, compare to $250.00 a year ago.

May 2022 average Sold Price per square feet is $316
Click here to View Homes for Sale in Chandler Under $250 per square feet

Based on the median sold price and average sold price statistic, buyer is paying more when buying single family home in Chandler compare to one year ago.

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 2022 Housing Market Report by Chandler zip code

Chandler zip codemedian sold priceaverage sold price
Chandler AZ 85224$532,500$648,837
Chandler AZ 85225$515,000$535,056
Chandler AZ 85226$521,000$633,485
Chandler AZ 85248$847,500$907,105
Chandler AZ 85249$725,000$834,362
Chandler AZ 85286$685,000$727,233

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 You 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 House Value 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 Home in Chandler is Worth Today?

New Listings in last 24 hour 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

Swee Ng, Realtor and Phoenix East Valley resident 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 AZ and surrounding area, we hope you will consider us. Contact us today for complimentary consultation.

Search and view your dream home your way

Receive email alert as soon as a Chandler property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Disclosure


All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Real Estate include the name of the listing broker. Neither the listing company nor Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Information contained herein is deemed reliable but not guaranteed.

Swee Ng is a participant in affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising. Swee Ng has affiliate relationships with other companies, people and brands and when you click a link and make a purchase, he may receive a direct benefit.