Chandler AZ Real Estate Housing Market Report - May 2022
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(HomeSmart)
Here is the most recent Chandler AZ Real Estate Housing Market Report for May 2022: The average sales price of Chandler homes continues to break records, growing from $583,485 in January to $706,852 in May. This is the seventh increase in the last eight months, since September of 2021, and the largest monthly increase since before 2019.The average sales price per square foot has increased or remained the same for 24 consecutive months and is now at $315/sf in May. This is a $66/sf increase from the $249/sf in May of 2021. The days on market for May of 2022 decreased to 20 from 23 DOM in April. This ties for the all-time low set in June and August of 2021. The DOM has remained at or below 31 since February of 2021, which means that homes in Chandler are selling faster than they ever h...
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