Madera Parc Gilbert Active Properties For Sale See 39% Downtick

The Madera Parc neighborhood in Gilbert Arizona showed a total of 27 actively listed houses for sale during 2015 through August 31. The 250,000-299,999 price category reported one of the highest numbers of residences for sale at 10 units. The total amount of active listings in Madera Parc posted a 38.6% decrease when compared to this time range one year ago, which posted 44 for sale homes, a year-over-year decline of 17 residential homes. The average year-to-date active list price of $296,707 fell 1.2% from the average list price of $300,197 from the same time period in 2014. Properties for sale are on the market less time this year on average. Compared to the same time period a year ago, the average days on market for actively listed homes for sale in Madera Parc was 48 days, a reduction of 20.0%.

Residences Sold Post 32% Drop. As of August, Madera Parc posted a total of 15 properties sold year to date as the average closed sales price of $281,593 showed a gain of 3.3% above the average price of $272,548 from the same period one year ago. The total amount of sold listings in Madera Parc recorded a 31.8% decline when compared to this time period during 2014, which showed a volume of 22 sold properties, a net drop of 7 closed transactions. The 250,000-299,999 price bracket posted one of the largest numbers of homes sales this year at 6 closed transactions.

Information provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most recent Madera Parc real estate market info or to obtain a free evaluation of your current property, please call Gilbert real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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