Agritopia Gilbert AZ Posts 18% Decrease in Listings

The Agritopia neighborhood in Gilbert AZ posted 36 active homes for sale in 2015 through August 31. At 11 homes for sale the 200,000-249,999 price bracket reported one of the greatest numbers of units listed. The total number of active listings in Agritopia showed an 18.2% fall from the same time period during 2014, which showed 44 houses for sale, a year-over-year reduction of 8 residential homes. The average year-to-date active list price posted a decrease of .4% compared to this period during 2014, dropping to $364,018. The cumulative days on market for actively listed for sale homes in Agritopia was 68 days through August 31. This is a 51.1% rise above the average compared to the same reporting period during 2014. Listed homes are requiring more market time this year on average.

House Sales Report 17% Drop. As of August, Agritopia saw 20 houses sold year to date, and the average closed sales price of $313,579 showed a rise of .8% from this time period in 2014. In comparison to the same time range a year ago, which showed 24 sold homes, Agritopia saw a 16.7% fall in overall amount of sold listings, a year-to-year net decline 4 completed sales transactions. The 200,000-249,999 price category posted one of the highest numbers of completed sales this year at 6 completed transactions.

Statistics supplied by ARMLS and deemed reliable but not guaranteed; percentages rounded. To receive current Agritopia real estate market info or to obtain a complimentary evaluation of your current home, please call Gilbert real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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