Winter is typically a season of slower absorption, with 3–5% softer pricing or increased buyer concessions, so both markets are currently buyer-leaning—but in a very normal, seasonal way. When paired with improving pace and stable pricing, the data points to a solid setup for the spring market rather than ongoing softening.
Chandler Market Update
Chandler is showing stability with improving momentum. Inventory remains elevated, but homes are selling faster than earlier in the winter, with recent sales averaging about 67 days on market. Months of supply sits near 3.4, giving buyers more options without tipping the market into oversupply.
Demand remains active. Listings under contract are up year over year, and contract ratios in the mid-50s indicate buyers are still engaging when homes are priced correctly. Sales volume has cooled from peak levels but remains consistent on an annual basis.
Pricing continues to hold. Annual price-per-square-foot changes are slightly negative, but median prices remain flat around $565,000, and homes are still selling at roughly 97–98% of list price—a sign that well-positioned homes are performing even in winter conditions.
Gilbert Market Update
Gilbert continues to run a bit slower than Chandler but remains fundamentally stable. Homes are averaging around 82 days on market, consistent with seasonal norms, and months of supply sits near 3.5, creating a buyer-leaning but balanced environment.
Buyer activity is steady beneath the surface. Under-contract activity is up year over year, and pending listings remain healthy, especially in higher price ranges. This reflects a selective but engaged buyer pool.
Pricing in Gilbert mirrors Chandler’s pattern. While annual price-per-square-foot is down modestly, median prices are holding near $595,000, and homes are closing at 97–98% of list price. Values are adjusting in pace, not direction.
Looking ahead
Chandler and Gilbert are both experiencing normal winter slowdowns, not market weakness. Buyers have more leverage, sellers need to price with precision, and the combination of stable pricing, improving days on market, and steady contract activity suggests a healthy foundation heading into a stronger spring market.
