The Chandler housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 9.2% in the past month. With 107 active listings, inventory is 123% higher than seasonal norms. Transaction volume is up 45% compared to what's typically expected this time of year. A significant 30.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 6.9% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Chandler market with the affordability index at 16.4. Based on current market indicators, home prices in Chandler are projected to increase by approximately 27.2% over the next month.