Higley Manor Gilbert Active For Sale Homes Show 15% Downturn

Through August 2015, the Higley Manor development in Gilbert AZ saw 23 actively listed houses for sale so far for the year. Reporting 16 houses for sale, the 400,000-499,999 price range showed one of the greatest numbers of units. In comparison to the same time period last year, which had 27 homes for sale, Higley Manor reported a 14.8% decline in the total amount of active listings, a year-to-year reduction of 4 homes. The average active listed price year to date of $494,560 posted a gain of 6.5% over the average listed price of $464,196 from the same reporting period in 2014. Homes for sale are taking more time to sell this year on average. When compared to this period in 2014, the cumulative days on market (CDOM) for actively listed homes for sale in Higley Manor was 214 days, an increase of 78.3%.

Residential Sales Show 11% Gain. Higley Manor posted 10 residential home sales year to date as of August 2015. The average sales price of $463,340 rose .5% above the average closed price of $460,993 from the same time range one year ago. Compared to the same reporting period in 2014, which posted 9 sold homes, Higley Manor showed an 11.1% advance in total number of sold listings, a year-to-year gain 1 closed transaction. Reporting 8 residential property sales year to date, the 400,000-499,999 price range recorded one of the greatest numbers of closed sales.

Statistics provided by ARMLS and deemed reliable but not guaranteed; percentages rounded. To receive current Higley Manor real estate information or to obtain a complimentary 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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