Recent pace and discounting help define when patience stops helping
If your home is not getting traction, the real question is how long to wait before changing course. In Chandler, AZ, a typical sale took 37 days over the previous 30 days, so I would not let an underperforming listing drift past the market's normal pace without a decision.
Over the previous 30 days, a typical sale in Chandler, AZ took 37 days, while active homes were sitting around 40 days in the month-end snapshot. Recent offers landed about 98.3% of asking, and supply stood at 3.52 months. Those numbers tell me waiting is only useful when the market is still responding. Once your home is trailing the local pace without strong showings or clear offer interest, the market is already giving feedback. I would rather adjust earlier than let buyers in Chandler, AZ read silence as a warning sign. Use the 37-day typical sale window as your checkpoint. Review activity before you cross it. Cut price with purpose, not in tiny steps. Also compare your home against active listings near the $542,450 typical asking level to see where it is losing the comparison.
About Jeff Setlow
Jeff Setlow is a licensed Real Estate Professional affiliated with Exp Realty, specializing in the Chandler market. With a focus on strategic marketing and deep local knowledge, Jeff Setlow provides clients with expert guidance in navigating complex real estate transactions. View full profile →