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Whether you're buying your first home in Gilbert, selling in Chandler, or exploring new construction in Queen Creek or San Tan Valley, you've come to the right place. This resource hub answers the most common real estate questions we hear from Arizona buyers and sellers — and keeps you informed with local market insights across the Phoenix metro.
Gilbert, Chandler, Mesa, Queen Creek, and San Tan Valley remain some of the most desirable real estate markets in Arizona. While market conditions shift, working with a local agent ensures you get current data on home prices, inventory, and interest rates specific to your target neighborhood.
Home values vary by community, lot size, upgrades, and recent comparable sales. A free Comparative Market Analysis (CMA) from a local real estate professional is the most accurate way to determine your home's current market value.
Gilbert and Chandler consistently rank among the safest and most family-friendly cities in Arizona. Popular master-planned communities, top-rated schools, parks, and easy freeway access make both cities a top choice for relocating families and move-up buyers.
In Arizona, most residential transactions close within 30–45 days of an accepted offer. Selling timelines vary based on pricing, condition, and current market demand. Browse our latest articles below for up-to-date guidance on buying and selling in today's Phoenix metro market.
Scroll down to explore our latest blog posts, local market updates, and real estate tips for the Phoenix metro.
Look at the Metro Phoenix Real Estate Stats [April 2024] #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
DEAL OF THE DAY💰: NEW LISTING UNDER $500k w/Pool 🏠 JUST hit the Market in SAN TAN VALLEY!! ASK ABOUT NO DOWNPAYMENT LOANS! 4 🛏 Bedrooms, 2🚽Bathrooms and 1900 sq ft! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/pro... 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
DEAL OF THE DAY💰: NEW LISTING UNDER $450k w/Community Pool 🏠 JUST hit the Market in CHANDLER Prime Location - 202 San Tan Freeway & Gilbert Rd!!! 3 🛏 Bedrooms, 2🚽Bathrooms and 1200 sq ft! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/pro... 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 📬Contact🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #bluecollarhomes
Where are my pasta lovers at??? Popular Italian Restaurant on the North Gilbert/Mesa boarder! Super yummy food, reasonably price and great wine selection! Check out their google and reviews! #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
DEAL OF THE DAY💰: NEW LISTING UNDER $850k w/RESORT STYLE Pool 🏠 JUST hit the Market in North Queen Creek ~ 4 🛏 Bedrooms, 2.5🚽Bathrooms and 2700 sq ft! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/pro... 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 📬Contact@FindAZValleyHomes.com 🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
No surprise this one went under contract in a week and $50K over the highest comp! DEAL OF THE DAY💰: NEW LISTING UNDER $850k w/RESORT STYLE Pool 🏠 JUST hit the Market in North Queen Creek ~ 4 🛏 Bedrooms, 2.5🚽Bathrooms and 2700 sq ft! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/property/6733366/?view 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 📬Contact🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
DEAL OF THE DAY💰: NEW LISTING in the POPULAR MORRISON RANCH 🏠 4 🛏 Bedrooms, 3.5🚽Bathrooms and 2700 sq ft w/MOTHER IN LAW SUITE! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/pro... 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 📬Contact@FindAZValleyHomes.com 🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
DEAL OF THE DAY💰: NEW LISTING in the POPULAR EASTMARK 🏠 4 🛏 Bedrooms + HUGE DEN, 3.5🚽Bathrooms and OVER 3000 sq ft w$300K in Upgrades & RESORT STYLE YARD! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/pro... 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 📬Contact@FindAZValleyHomes.com 🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
DEAL OF THE DAY💰: NEW LISTING in the POPULAR EASTMARK 🏠 4 🛏 Bedrooms + HUGE DEN, 3.5🚽Bathrooms and OVER 3000 sq ft w$300K in Upgrades & RESORT STYLE YARD! View CURRENT PRICE 👀, More INFO & PHOTOS in link below or Call/Text/Email/PM for a showing! https://www.findazvalleyhomes.com/property/6741583/?view 👇👇👇👇👇👇 ☎️480-442-2502 💬Direct message me here 🌵 📬Contact@FindAZValleyHomes.com 🖥 HomeInfoAZ.com 👆👆👆👆👆👆 #realtor #realestateagent #realestatelife #dreamhome #listing #realtorlife #justlisted #homesforsale #Gilbert #Mesa #Chandler #QueenCreek #SanTanValley #ArizonaLife #ArizonaLiving #ArizonaLifestyle #LivinginPhoenix #MovingtoArizona #BlueCollarHomes
For Buyers:
It’s feeling a bit like the movie “Groundhog Day” in the Greater Phoenix housing market as we relive the same scenario over and over. The Federal Reserve met this month and once again opted not to reduce the Federal Funds Rate, keeping it steady now for 12 months in a row. On the same day, the Consumer Price Index was released showing the annual inflation rate declined to 3.3%. The combination resulted in conventional mortgage rates dropping from an average of 7.16% to 6.98% in one day. This was expected, however the Federal Reserve board announced they anticipate one rate cut this year, possibly in September. That could mean a mortgage rate drop in late summer, if we dare hope.
While the drop is positive for buyers, rates are still too high to expect a major boost in demand at this stage. Sluggish demand combined with supply that’s 54% higher than last year is creating an environment for buyers that hasn’t been this accommodating in 10 years. Price negotiations are ramping up, but they look different depending on the price range.
On paper, price negotiations in the mid-range between $300,000-$500,000 look similar to last year, landing around 98.7% of asking price, down from 99.0%. This equates to a closing price about $5,200 lower on a $400,000 home compared to $4,000 lower last year. What’s not reported in the media is the rising percentage and cost of seller incentives to the buyer. In this price point, the majority of buyers are sensitive to their monthly cash flow more than the final sales price. Therefore, 55% of sales are closing with seller incentives to supplement buyers’ payments temporarily, compared to 49% last June. The median incentive to the buyer is currently $9,400, up $1,200 from last year’s median of $8,200. Combined, buyers are receiving approximately $14,600 (an extra $2,400) in both price negotiations and closing cost assistance, putting the true ratio of sale price to list price at approximately 96.4% for our $400,000 sale.
Buyers over $1M are less influenced by mortgage rates and concessions and prefer to negotiate the price directly. Price negotiations so far this June are closing at 94.9% of list, down from 96.4% of list last year and 96.1% last month. On a $1M purchase, that equates to an average $51,000 negotiated price reduction, up from $36,000.
For Sellers:
While the industry hopes for lower mortgage rates in the latter half of 2024, active sellers can only address where the market stands presently, which is a challenge. Supply has been rising all year long, but has slowed its roll over the past 3 weeks. Seasonally, supply fluctuations level out in the summer before picking up again around late September and early October. The increase in competition for sellers has resulted in 12 Greater Phoenix cities in less populated outer cities sinking into a balanced or buyer’s market over the course of 2 months, while 13 out of 17 seller’s market cities in the densely populated interior weakened.
Not-so-perfect listings, those that appear to have delayed maintenance issues, need excessive repairs, or simply don’t show well, have the most trouble in these environments. With so many other homes to choose from, these homes may not even get a showing in many area cities regardless of their attractive list prices.
Even perfect listings may suffer from dashed expectations in this market. While these homes that smell like a Spring breeze, well maintained with updated finishes, will sell in any market, seller expectations for time on market and price may not be met. As the market shifts abruptly from Spring to Summer, the median marketing time prior to contract has grown from a historical standard of 3 weeks to 4 weeks and more than half of existing listings will experience at least one price reduction within that time frame. Sellers haven’t seen a supply/demand ratio like this since about 2014-2015, so managing expectations and patience will be key to navigating a successful sale.
Commentary written by Tina Tamboer, Senior Housing Analyst with The Cromford Report ©2024 Cromford Associates LLC and Tamboer Consulting LLC