A seller-friendly way to avoid lingering too long
You're trying to decide how long to wait before you make a price move on your listing. In Chandler, AZ, I anchor that decision to the typical pace active listings showed a typical market time of 45 days last month.
Looking at the latest numbers, the clearest signal was timing active listings showed a typical market time of 45 days last month, and closed sales showed a typical 47-day timeline last month. Active listings counted 776 homes last month, and typical asking prices on active homes were $549,900 last month. This changes your plan because buyers will often wait you out if your home drifts beyond the typical window without a clear reason. Some metrics were not reported for this period. Decide your adjustment plan before you go live, and tie it to the typical 45 to 47-day window so you are acting on a schedule, not on emotion. Price against the last month typical ask level in Chandler, AZ, but verify the gap between your home and competing actives so you can stand out fast. If you are not seeing the right level of showing traffic early, make the change while the listing still feels fresh to buyers.