If you're buying your first home in Chandler, would you skip a property simply because it's been on the market for 60 days? Or would you see that as an opportunity to negotiate?

According to the November 5, 2026 ARMLS snapshot, Chandler had 690 active homes, and 312 had been listed for at least 60 days. That's 45.2% of available listings. Even more interesting, 419 homes (60.7%) were asking less than their original listing price.

These numbers raise an important question: Are you overlooking homes that might deserve another look?

A home sitting on the market isn't automatically a bad property, and a price reduction doesn't automatically make it a bargain. This week, we'll examine Chandler's housing data, share a real example of how my team successfully relaunched the SOHO listing, and explain when buyers should tour a home, prepare an offer, or move on.

Chandler Housing Market at a Glance

Source: ARMLS active-listing snapshot, November 5, 2026. Days on market and price reductions are reported separately; the data doesn't establish how many older listings also received price reductions.

1. Almost Half of Chandler's Active Homes Have Been Listed for 60 Days or Longer

Out of 690 active homes in Chandler, 312 had been listed for at least 60 days, including 213 that had reached 90 days or longer. That's approximately three out of every ten active listings.

Does that mean something is wrong with these homes? Not necessarily. A property may remain available because its original asking price was too high, its photos didn't present the layout clearly, or buyers had concerns about its condition or location. Days on market alone doesn't tell us which explanation applies.

Before eliminating an older listing, ask yourself why you passed on it originally. If the commute or floor plan didn't work for your family, those concerns may still exist. But if the asking price was outside your budget or the original photos left you uncertain, it may be worth checking again.

Review the listing history, current asking price, photos, and available property information. You can also contact the listing agent to clarify the property's history and current availability. The important question isn't how long the home has been listed; it's whether something has changed that makes it worth considering today.

2. More Than 60% of Active Chandler Homes Have Reduced Their Asking Prices

According to the same ARMLS snapshot, 419 of Chandler's 690 active homes were listed below their original asking prices. That's 60.7% of active inventory. Among those properties, the median reduction was 3.8% of the original asking price.

However, a price reduction doesn't automatically mean a home is a good deal. A seller may have initially priced the property too high, and even after a reduction, the current asking price could still exceed what comparable sales support. On the other hand, a lower price may make a previously unaffordable property worth reconsidering.

How Should You Evaluate a Price-Reduced Home?

Start with the current asking price, then compare it against recent sales and competing listings. Comparable sales help determine what buyers have actually paid for similar properties, while active listings show what other homes you could purchase for approximately the same amount.

Don't overlook property condition, either. Two homes with similar asking prices can have very different ownership costs if one is move-in ready and the other needs major repairs. Consider the expected maintenance expenses and how much cash you'll have left after closing.

Remember, the 3.8% figure represents reductions in advertised asking prices, not discounts buyers negotiated at closing. A lower asking price only becomes meaningful when you compare it with the property's value, condition, and available alternatives.

3. Real Client Story: What Changed When We Relaunched the SOHO Listing in Chandler?

Let me share a real example of why an older listing may deserve another look.

The SOHO property had already been listed before my team took over. Instead of simply relisting it with the same presentation, we reviewed the market and made several changes to its pricing and marketing strategy.

First, I analyzed recent comparable sales to establish a new asking price supported by market evidence. Then my team improved the property's presentation with professional photography, video, a dedicated property page, and social media advertising. These changes gave potential buyers more information and a better understanding of the home.

The SOHO property successfully sold after the relaunch. However, because we changed several things at the same time, we can't attribute the sale to any single adjustment.

What Can Buyers Learn From This Example?

A home you previously dismissed may become worth reconsidering if its price changes, new photos answer your questions, or updated information helps you understand the property better.

But improved marketing won't fix every concern. If the location, commute, or layout doesn't fit your lifestyle, those issues may still matter. A second look makes sense when you can identify what changed and why it matters to your home-buying goals.

4. Should You Tour the Home, Prepare an Offer, or Move On?

After reviewing a property's listing history, current price, comparable sales, and condition, you have three possible decisions.

Option 1: Tour the home. Schedule a showing if the property meets your important requirements and there's something you need to evaluate in person, such as the layout, natural light, room connections, or overall condition. Before visiting, identify what questions you want the showing to answer.

Option 2: Prepare an offer. If the property fits your needs, review recent comparable sales, competing listings, and any condition concerns before deciding on your price and terms. If the evidence supports a lower offer, understand which sales justify that price. Also consider what you'll do if the seller declines your request or submits a counteroffer.

Option 3: Move on. A lower price doesn't automatically solve problems with location, layout, monthly affordability, or major repairs. If the property doesn't fit your family's needs, continuing your search may be the better decision.

The goal isn't to find a reason to buy an older listing. It's to determine whether the home genuinely works for your family at its current price and condition.

5. A Simple Exercise for Chandler First-Time Homebuyers

Here's something you can do this week: Open your saved listings and choose one home you previously passed over. Write down why you didn't pursue it. Was the asking price too high, the layout unclear, or the property in need of repairs?

Next, check its current asking price and listing history. Compare it with another home you could realistically purchase, considering price, condition, location, and how each property would fit your lifestyle.

If something meaningful has changed and a showing could answer an important question, consider adding it back to your tour list. If your original concern still applies, focus your time on properties that better fit your needs.

Don't judge a home only by how long it's been on the market. Judge it by how well it fits your needs and what the current information tells you.

What Chandler Homebuyers Should Know

The November 5 ARMLS data shows that 45.2% of active homes had been listed for at least 60 days, while 60.7% were asking less than their original listing price.

These statistics don't guarantee discounts or prove older listings offer better value. However, buyers who focus only on new listings may overlook properties worth comparing. Before eliminating a home, review its current price, listing history, condition, and recent comparable sales.

Sometimes, a second look can reveal an opportunity you previously missed.

What Chandler Home Sellers Should Know

With 312 active homes listed for at least 60 days and 419 asking below their original prices, buyers have plenty of opportunities to compare properties.

The SOHO example demonstrates why pricing and presentation both matter. When my team relaunched the property, we reviewed comparable sales, adjusted the asking price, invested in professional photography and video, created a dedicated property page, and ran social media advertising. The home sold following the relaunch, although we cannot attribute the result to any single change.

For sellers, the question isn't simply whether to reduce the asking price. It's whether your pricing and marketing help buyers understand how your property compares with competing homes.

The Bottom Line: A Home Listed for 60 Days May Deserve a Second Look

Chandler's November 5, 2026 market snapshot reveals two important trends: 312 out of 690 active homes (45.2%) had been listed for at least 60 days, while 419 homes (60.7%) were asking below their original listing prices.

For first-time buyers, your next home doesn't necessarily have to be a newly listed property. A home you previously dismissed may now have a different asking price, improved marketing, or additional information worth reviewing.

The SOHO listing provides a real example of how a property can be repositioned through updated pricing and marketing. But not every older listing is a bargain, and not every price reduction creates an opportunity.

Before skipping a home because it's been listed for 60 days, ask yourself: "Why did I pass on it before, and has anything changed that makes it worth reconsidering?"

If you're preparing to buy your first home in Chandler or anywhere in the Phoenix Metro area, my free Arizona Buyer Guide can help you understand the home-buying process and prepare for the decisions ahead.

Download the Free Arizona Buyer Guide

What would make you reconsider a home you've already passed on: a price reduction, better photos, or discovering that it offers better value than other available homes?