Rancho Del Verde Gilbert AZ Records 29% Gain in Home Sales

The Rancho Del Verde neighborhood in Gilbert AZ reported a total of 22 house sales year to date through the month of August 2015 as the average closed sales price of $267,786 saw a gain of 12.7% above the average price of $237,532 from this time period last year. When compared to the same time range one year ago, which reported 17 homes sold, Rancho Del Verde had a 29.4% gain in total number of sold listings, a year-over-year rise 5 closed transactions. The 200,000-249,999 price category reported one of the largest numbers of sales this year with 9 closed transactions.

Houses For Sale Prices See 7.1% Uptick. As of August, Rancho Del Verde recorded 26 actively listed for sale houses so far in 2015. With 13 homes for sale the 200,000-249,999 price category recorded one of the largest numbers of properties. The overall active listings inventory in Rancho Del Verde posted a 4% gain when compared to this time period last year, which reported 25 properties for sale, a year-over-year gain of 1 property. The area's average year-to-date active list price of $265,765 was an increase of 7.1% above the average price of $248,160 from the same reporting period last year. The average days on market for actively listed homes for sale in Rancho Del Verde was 50 days through August 31, which is a 24.2% reduction compared to the same period during 2014. Listed homes for sale are taking fewer days to sell this year on average.

Sam Lawmaster is a Gilbert real estate agent and market specialist. Market statistics courtesy of ARMLS and deemed reliable but not guaranteed; percentages rounded. For the most current Rancho Del Verde real estate market info or to request a free no obligation evaluation of your current property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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