October 2026 issue
Fewer homes for sale in Chandler, and buyers still not paying up
The number to watch this month is not the price. It is how few homes are actually for sale.
Chandler is down to 2.86 months of supply, about 17 percent tighter than a year ago. And the median sale price still came in at $506,000, down 6.7 percent from last August. Fewer homes on the market, and buyers holding their ground on price.
Those two facts sitting next to each other are the whole story of this market right now, and what I would do about it depends entirely on which side of a move you are on.
The numbers



| City | Median sale | Year over year | Days on market | Months of supply |
|---|---|---|---|---|
| Chandler | $506,000 | -6.7% | 71 | 2.86 |
| Gilbert | $586,900 | +3.8% | 79 | 3.36 |
| Scottsdale | $882,500 | +11.4% | 105 | 3.70 |
ARMLS, August 2026, pulled 2026-09-05. Days on market is average cumulative days on market, and year over year compares to August 2025. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Chandler is the tightest of the three on supply and the softest on price. Chandler is the only one of the three where the median fell. Gilbert is up 3.8 percent and Scottsdale up 11.4 percent, and Scottsdale also takes the longest to sell. Across the whole ARMLS footprint, pending sales are down 35.1 percent from last year, and Gilbert on its own is down 36 percent. That is forward demand, and forward demand moves first.




