El Dorado Lakes Gilbert AZ Shows 8% Downturn in Active Listed Homes

The El Dorado Lakes neighborhood in Gilbert, Arizona recorded 44 active listings so far in 2015 through the month of August. Reporting 17 houses for sale the 300,000-399,999 price bracket reported one of the largest numbers of properties. The total active residential listings inventory in El Dorado Lakes saw an 8.3% drop compared to the same time range last year, which posted 48 properties for sale, a year-to-year fall of 4 listings. The area's average year-to-date active listed price recorded an increase of 3.9% compared to this time range one year ago, gaining to $318,457. Listed for sale homes appear to be taking less days to sell this year on average. When compared to this reporting period last year, the average days on market for actively listed for sale houses in El Dorado Lakes was 65 days, a decline of 1.5%.

Properties Sold See 8% Uptick. Through August 2015, El Dorado Lakes has seen a total of 28 properties sold year to date. The average sales price of $291,161 saw an increase of 1.4% above the average price of $287,037 from this time period one year ago. The total volume of sold listings in El Dorado Lakes posted a 7.7% rise compared to the same period a year ago, which reported a volume of 26 sold homes, a year-to-year net advance of 2 sales. At 10 house sales year to date, the 300,000-399,999 price category had one of the greatest numbers of completed sales.

Sam Lawmaster is a Gilbert REALTOR who specializes in residential listings. Data courtesy of ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most recent El Dorado Lakes real estate information or to request a complimentary evaluation of your current home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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