GILBERT, ARIZONA
...a shining star in The Valley of the Sun!
March 2009 vs. March 2008
* 318 single family homes were purchased last month vs. 263 last year.
* The average price paid was $224,572 vs. $285,589 last year.
* The median price came in at $200,000 vs. $245,000 last year.
* The ratio of purchase price to list price was 97% = 97% last year.
* 162 of the homes (51%) were bank owned vs. 58 homes (22%) last year.
* The average time on the market was 79 days vs. 94 days last year.
* There were 2,635 Active single family listings vs. 3,220 last year.
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Gilbert Homes
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