Stonecreek Gilbert Records 35% Rise in Homes Sold

The Stonecreek neighborhood in Gilbert, AZ recorded a total of 27 home sales year to date as of August 31, 2015. The average closed sales price of $224,329 posted a net rise of 5.4% from this time range during 2014. Compared to this time period in 2014, which reported 20 sold homes, Stonecreek experienced a 35% rise in overall amount of sold listings, a year-to-year net increase 7 completed transactions. The 200,000-249,999 price range recorded one of the largest numbers of closed sales this year with 12 completed transactions.

Properties For Sale Show 14% Decrease. Through August 2015, Stonecreek recorded a total of 38 actively listed properties so far this year. The 200,000-249,999 price category posted one of the highest numbers of houses for sale at 18 properties. When compared to this reporting period in 2014, which posted 44 for sale homes, Stonecreek showed a 13.6% reduction in the total amount of active residential listings, a year-to-year drop of 6 properties. The average year-to-date active list price of $229,681 recorded a gain of 3.3% over the average price of $222,313 from the same period last year. The cumulative days on market for actively listed properties in Stonecreek was 46 days through the end of August. This is a 33.3% drop when compared to this time period a year ago. Residential listings are taking less time to sell this year on average.

Sam Lawmaster is a Gilbert real estate agent who specializes in residential listings. Info supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current Stonecreek real estate info or to obtain a free evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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