Chandler • Arizona • Market Updates Chandler Housing Market September 2026 Chandler, AZ — city-level snapshot for single-family detached homes, refreshed against the same date last month.
What’s happening in the Chandler housing market right now? As of September 10, 2026 , Chandler is moderately seller-leaning : 2.8 months of supply (excluding UCB/CCBS), median monthly sold price $559,000 , days on market (sold) 74 days, and an average sale-to-list of 97.96% . The Cromford® Market Index is 135.5 , down from 139.2 last month, and the move came off the demand side.
$559,000
UP
Median sold price
2.8 mo
MORE SUPPLY
Months of supply (excl. UCB)
74 days
SLOWER
Days on market (sold)
97.96%
SOFTER
Avg sale price % of list
Written by Andrea Scheppe , Phoenix native and full-time, award-winning REALTOR® with HomeSmart Elite, Valley Solutions Team.
Chandler reality check: Closings dropped hard. Sales per month fell from 216 to 170 while active listings barely moved (567 → 568 ), and that alone pushed months of supply from 2.2 to 2.8 . The inventory did not grow; the buyers slowed down. The pipeline actually improved a little. Pending rose (100 → 104 ) and listings under contract rose (191 → 200 ), so this looks like a slow month for closings rather than a market turning over. The median rose ($549,700 → $559,000 ) while monthly sold $/SF fell ($302.19 → $284.65 ). Average sold size went up this month (2,162 → 2,220 SF ), so what sold in September was bigger homes at a lower price per foot. Fewer sales, bigger houses, more days on market.
What this means Negotiation Homes are selling for about 97.96% of list price, roughly 2.04% under asking on average, or about $11,410 on a median-priced Chandler home. That is slightly softer than last month’s 98.08%.
How much is for sale Inventory is 2.8 months (excluding UCB/CCBS), looser than last month’s 2.2 and looser than last September’s 2.5. Sellers still hold the edge, with less margin than they had.
How long it takes Recently-sold homes averaged 74 days on market, up from 66 last month; active listings average 77 days . Sold and active time-on-market have nearly converged.
Pricing reality ($/SF) Monthly sold $/SF is $284.65 while active list $/SF is $306.87 . That is a $22.22 spread. Last month that gap was under a dollar. Asking prices have not followed closings down, and that difference is where negotiation lives.
Market call: seller-leaning, demand has cooled Moderately seller-leaning because the Cromford® Market Index is 135.5 (well above 100). The 3.7-point slip from 139.2 came off the demand side: the Demand Index fell from 79.3 to 74.9 while the Supply Index also tightened (56.9 → 55.3). Supply tightening pushes the index up, so the net decline is a demand story. Note that the Supply Index and months of supply disagree this month — months of supply rose because closings fell, not because listings piled up.
Sale-to-list slipped to 97.96% and the listing success rate fell to 75.2% from 78.3%, so about one listing in four is now failing to close. Against that, the contract ratio rose from 40.1 to 42.4 and under-contract $/SF climbed to $307.75 from $297.67. The contracts written this month were written at stronger per-foot pricing than last month’s.
Quick pulse vs last month (8/6 → 9/10): active listings 567 → 568 , pending 100 → 104 , under contract 191 → 200 , sales/month 216 → 170 .
Pricing per sq ft: active list $/SF $308.28 → $306.87 ; monthly sold $/SF $302.19 → $284.65 ; under contract $/SF $297.67 → $307.75 .
Buyer standings — September 2026 The $/SF spread came back. Active list is $306.87/sf against monthly sold $284.65/sf , a $22.22 gap where last month there was none. Asking prices are running ahead of what buyers actually paid in September.Expect modest negotiation. Sale-to-list is 97.96% , about 2.04% under ask, or roughly $11,410 on a $559,000 home. That is real money on a house at this price.You have more room than last month. Supply loosened to 2.8 months and closings fell to 170 . Sellers who listed in the summer are now 77 days in on average.Still come prepared. CMI 135.5 keeps this seller-leaning territory. Pre-approval and clean terms still decide competitive offers, and the under-contract per-foot number went up, not down.Seller standings — September 2026 Closings fell 21% in a month. Sales per month dropped from 216 to 170 . Your listing is competing for a smaller pool of buyers than it was in August.Price to the closing market, not the asking market. Buyers closed around $284.65/sf while active listings average $306.87/sf . The homes carrying that asking premium are the ones sitting.Overpricing now costs more time. Sold DOM is 74 days and active DOM is 77 days . When those two numbers meet, it means the listings still on the market are no longer just the overpriced ones.Three in four listings close. The listing success rate is 75.2% , down from 78.3%. Pending and under-contract both rose, so the demand is there — it is moving slower and paying less per foot.Chandler daily market snapshot — single family detached Metric Today Last Month Last Quarter Last Year Two Years Ago Active listings 568 567 638 614 475 UCB & CCBS listings 96 91 119 110 95 Active listings excl. UCB 472 476 519 504 380 Pending listings 104 100 134 126 98 Listings under contract 200 191 253 236 193 Sales per month 170 216 274 201 165 Days on market (sold) 74 66 62 64 47 Days on market (active) 77 77 72 76 59 Months of supply (excl. UCB) 2.8 2.2 1.9 2.5 2.3 Active listings $/SF $306.87 $308.28 $313.01 $300.85 $306.55 Under contract $/SF $307.75 $297.67 $311.23 $300.85 $293.45 Monthly sales $/SF $284.65 $302.19 $281.73 $294.40 $299.43 Annual sales $/SF $291.10 $291.79 $289.21 $292.42 $291.52 Avg sale price % of list 97.96% 98.08% 98.29% 97.43% 98.59% Listing success rate 75.2% 78.3% 84.8% 75.3% 82.1% Monthly dollar volume $107M $141M $170M $134M $101M Average price (monthly sales) $631,969 $653,204 $618,872 $668,780 $609,358 Median price (monthly sales) $559,000 $549,700 $552,815 $575,000 $550,000 Cromford® Market Index 135.5 139.2 153.4 128.2 140.0
Notes & FAQ What is Chandler’s inventory right now? About 2.8 months of supply (excluding UCB/CCBS) as of 9/10/26.
Are buyers negotiating in Chandler? Modestly: sale-to-list is 97.96% as of 9/10/26, about 2.04% under asking.
Is Chandler a buyer’s market right now? No by Cromford® Market Index: it’s 135.5 as of 9/10/26.
What is the median home price in Chandler right now? The median monthly sold price for Chandler single-family detached homes is $559,000 as of September 10, 2026, based on Cromford® Daily Market Snapshot data.
Nearby cities and sources This is a rolling daily snapshot (today vs the same date last month), using Chandler single-family detached resale activity in the Arizona Regional MLS.
Nearby markets: Phoenix Tempe Mesa Gilbert
Disclaimer & source: The Cromford® Report daily market snapshot and commentary. Andrea Scheppe is licensed in Arizona. This update is information, not advice for a specific property.
Thinking of buying or selling in Chandler? I can walk you through what these numbers mean for your budget, your street and your timeline — as a Phoenix native and full-time, award-winning REALTOR®.
