Neely Commons Gilbert Properties For Sale Post 25% Drop

By the end of August 2015, the Neely Commons subdivision in Gilbert reported a total of 30 active for sale properties year to date, and the 200,000-249,999 price range recorded one of the largest numbers of homes for sale at 12 properties. Compared to this time range last year, which recorded 40 for sale properties, Neely Commons experienced a 25% drop in the total amount of active listings, a year-over-year net fall of 10 homes. The average year-to-date active list price advanced 2.3% when compared to the same time range last year, advancing to $265,608. Properties for sale are staying on the market the same amount of time as last year. The average days on market for actively listed houses for sale in Neely Commons was 60 days, showing stability in days on market.

Home Sales Prices See 4.8% Gain. Neely Commons has seen a total of 23 residential listings sold year to date through August 31, 2015 as the average closed sales price of $264,416 posted a rise of 4.8% from this reporting period last year. The total number of sold residential listings in Neely Commons posted a 0% change compared to the same time period last year, which showed a volume of 23 houses sold, a year-to-year net change of closed transactions. At 9 residential property sales year to date, the 250,000-299,999 price category saw one of the greatest numbers of sales.

Sam Lawmaster is a Gilbert real estate listing specialist. Market data courtesy of ARMLS and deemed reliable but not guaranteed; percent changes rounded. To receive current Neely Commons real estate info or to request a free no obligation evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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