Higley Groves Gilbert Real Estate Prices Post 13.8% Gain

The Higley Groves subdivision in Gilbert Arizona has seen a total of 39 residential home sales year to date through August 2015 as the average closed sales price of $349,121 was 13.8% higher than the average price of $306,849 from this time period one year ago. When compared to the same time period a year ago, which showed 41 houses sold, Higley Groves saw a 4.9% decline in overall number of sold residential listings, a year-over-year net decline 2 closed sales. The 300,000-399,999 price category posted one of the highest numbers of homes sales this year with 17 completed transactions.

Homes For Sale See 8% Downturn. As of August 31, 2015, Higley Groves reported a total of 67 active home listings for sale year to date. Reporting 25 houses for sale, the 300,000-399,999 price bracket posted one of the largest numbers of properties listed. The overall active residential listings inventory in Higley Groves recorded an 8.2% drop when compared to this time period during 2014, which reported 73 homes for sale, a year-to-year net fall of 6 residential homes. The area's year-to-date average active list price of $355,437 recorded an increase of 7.9% over the average listed price of $329,546 from the same time period a year ago. The average days on market for actively listed for sale homes in Higley Groves was 49 days through August 31, showing a 23.4% reduction compared to the same time period last year. Listings appear to be taking less days to sell this year on average.

Stats supplied by ARMLS and deemed reliable but not guaranteed; percentages rounded. For the most recent Higley Groves real estate information or to request a free evaluation of your property, please call Gilbert Realtor Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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