Chandler’s housing market is giving buyers more options, but that doesn’t automatically mean homes will become cheaper or stay available longer. Here are four key takeaways from Cromford’s September 6 and October 6 snapshots.

1. Available Homes Increased by 11%

Chandler’s available detached resale listings rose from 478 on September 6 to 530 on October 6—about an 11% increase.

More inventory gives buyers more homes to compare, but not every listing will fit their budget, preferred location, condition, or commute. Focus on the number of suitable homes available to you, not just the citywide total.

2. Fewer Homes Were Under Contract

Listings under contract fell from 192 to 175, a decrease of about 9%. The October 6 snapshot also reported a median of 23 days to first contract.

This suggests slower overall contract activity, but it doesn’t guarantee that every home will stay on the market for three weeks. Well-priced homes in desirable locations can still attract buyers quickly, while overpriced homes or properties needing significant work may offer more room to negotiate.

Before deciding whether to wait or make an offer, compare recent sales, property condition, asking price, and any verifiable competing interest.

3. Median Sale Prices Barely Changed

Chandler’s monthly median sale price moved from $548,000 on September 6 to $549,500 on October 6—an increase of just $1,500, or approximately 0.3%.

These are the monthly measurements reported at each snapshot date, not final results for all of October. A citywide median also doesn’t tell you what one specific home is worth; it can shift depending on which types of homes sold.

When comparing properties, consider the full cost—not just the asking price. A cheaper home that needs major repairs may cost more in the long run than a higher-priced home in better condition.

4. More Choices Don’t Always Mean More Time

A first-time buyer I’m helping recently toured a home they really liked but wanted more time to think and hoped waiting might improve their negotiating position. Later that day, the home went pending.

We can’t know whether their offer would have been accepted. But the experience is a reminder that more listings across Chandler don’t guarantee extra time to decide on every property.

There’s no need to rush into a major financial decision. Instead, be prepared: review comparable sales, condition, price history, and competition so you can make an informed decision when the right home comes along.

What First-Time Buyers Should Do

• Clarify your budget. Ask your lender to estimate your monthly housing costs and cash needed at closing. Choose a payment that feels comfortable—not simply the maximum you qualify for.

• Know your priorities. Separate must-haves from nice-to-haves so you can identify suitable homes more confidently.

• Compare before making an offer. Review recent comparable sales, property condition, price history, and other available homes.

What Chandler Sellers Should Know

With more listings available, buyers have more alternatives to compare. Pricing, property condition, and presentation matter. However, the latest snapshot does not show a meaningful drop in the monthly median sale price, so the data alone doesn’t mean every seller needs to reduce their asking price.

Evaluate your neighborhood, competing listings, property condition, and recent comparable sales to determine a suitable pricing strategy.