Housing Market Report for John M Andersen Elementary School, Chandler, AZ

This housing market report uses absorption rates to track supply and demand for John M Andersen Elementary School, Chandler, AZ. With 3.1 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 19, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Russell Shaw
Real Estate Agent

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Houses

Hottest Segment 🔥
$500k – $550k

Absorption rate of 1.3, with 0.8 months of inventory.

Coolest Segment ❄️
$375k – $400k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

1 active listings with 8 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.3 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
275k-300k 1 0
325k-350k 1 0
350k-375k 1 0.2 0 Seller's
375k-400k 2 1 0.1 12 Buyer's
400k-425k 2 0.3 0 Seller's
425k-450k 1 3 1 0.5 2 Seller's
450k-475k 2 4 0.3 3 Balanced
475k-500k 1 5 0.8 1.2 Seller's
500k-550k 1 8 1 1.3 0.8 Seller's
550k-600k 2 3 1 0.3 4 Balanced
600k-650k 4 2 0.7 0 Seller's
650k-700k 1 0.2 0 Seller's
700k-750k 1 2 0.3 3 Balanced
750k-800k 2 0.3 0 Seller's
800k-850k 1 2 1 0.3 3 Balanced
1m-1.1m 1 0
1.4m-1.5m 1 1 0.2 0 Seller's
1.7m-1.8m 1 0.2 0 Seller's
1.9m-2m 1 0

Townhouses

Hottest Segment 🔥
$250k – $275k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$250k – $275k

With 3 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

1 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.6 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
250k-275k 1 2 0.3 3 Balanced
275k-300k 1 2 0.3 3 Balanced
300k-325k 1 2 0.3 3 Balanced
375k-400k 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$250k – $275k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

1 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 10 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 1 0.2 6 Balanced
225k-250k 1 0
250k-275k 1 2 0.3 3 Balanced
275k-300k 2 1 0.1 12 Buyer's
300k-325k 1 2 0.3 3 Balanced
325k-350k 3 0
350k-375k 1 0

Land

Coolest Segment ❄️
$400k – $425k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$400k – $425k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
400k-425k 1 0.2 0 Seller's

Neighboring Cities

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