Cottonwoods Crossing Gilbert AZ Real Estate Prices Show 13.1% Gain

Through August 31, 2015, the Cottonwoods Crossing neighborhood in Gilbert AZ recorded a total of 21 residential homes sold year to date. The average price of $223,986 showed a net gain of 13.1% from the same reporting period during 2014. The total number of sold residential listings in Cottonwoods Crossing posted a 4.5% decrease from the same time period in 2014, which reported a volume of 22 properties sold, a year-over-year reduction of 1 completed sales transaction. The 200,000-249,999 price category saw one of the largest numbers of closed sales this year with 14 closed transactions.

Home Listing Prices See 10.1% Gain. Cottonwoods Crossing posted 28 active residences for sale in 2015 through the month of August. Reporting 17 homes for sale the 200,000-249,999 price range recorded one of the highest numbers of properties. When compared to this period one year ago, which saw 29 homes for sale, Cottonwoods Crossing reported a 3.4% decrease in the total number of active listings, a year-to-year fall of 1 residential property. The area's year-to-date average active list price showed a net advance of 10.1% when compared to the same time period during 2014, advancing to $232,491. The average days on market for actively listed properties in Cottonwoods Crossing was 48 days through August 31, an 11.1% drop in comparison to this time range a year ago. Residential listings are taking less time to sell this year on average.

Sam Lawmaster is a Gilbert real estate listing specialist. Statistics courtesy of ARMLS and deemed reliable but not guaranteed; percent changes rounded. To receive current Cottonwoods Crossing real estate market info or to request a free no obligation evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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