Gilbert AZ Sees 13% Increase in Houses Sold

Through August, the town of Gilbert recorded a total of 3,732 residential listings sold year to date, and the average sales price of $286,770 recorded an increase of 3.3% from this reporting period last year. The overall number of sold residential listings in Gilbert reported a 13.3% rise over the same reporting period one year ago, which had a volume of 3,293 property sales, a net rise of 439 closed sales. The 200,000-249,999 price bracket showed one of the greatest numbers of sales this year at 1,069 closed transactions.

Home Listing Prices Record 5.8% Gain. Gilbert showed a total of 5,935 actively listed for sale homes so far in 2015 through August 31. Reporting 1,514 residences for sale, the 300,000-399,999 price category posted one of the largest numbers of properties listed. When compared to this time range in 2014, which saw 6,059 homes for sale, Gilbert had a 2% drop in the overall amount of active residential listings, a year-to-year drop of 124 homes. The average year-to-date active list price of $325,479 showed a gain of 5.8% over the average listed price of $307,626 from the same reporting period last year. Homes for sale are staying on the maket less days this year on average. When compared to this period a year ago, the average days on market for active for sale homes in Gilbert was 66 days, a fall of 1.5%.

Sam Lawmaster is a Gilbert real estate agent who specializes in residential listings. Market statistics supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current local real estate market info or to obtain a complimentary evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

Search Homes for Sale in Gilbert on our easy to use MLS real estate search. Get daily email alerts of new homes for sale as they become available plus price changes.

Leave a Reply