Home values in Gilbert Arizona April 2014

Home values in Gilbert Arizona April 2014

Real Estate market data for Gilbert Arizona provided by John Ferrin of HomeSmart, Gilbert, AZ

Home values in Gilbert Arizona

We saw 27 straight months of increases in home values in Gilbert Arizona since the market bottomed out in 2011.  Then, January 2014 arrived and we saw the market flatten out. Today we have a market that favors Buyers.  This is because of the age old  Supply and Demand Factor.  There are currently more homes on the market than there are buyers.

2014 began with a whimper as demand from buyers fell off to historically low levels. Sellers, who went AWOL in 2013, showed up but the increased selections of homes for sale had little affect on the buyers.

Those who watch the market and keep tabs on those types of things watched for signs of the buyer drought coming to an end. Finally, now, buyers have begun buying again.

Although home values have continued to rise, the rate has tapered off a little and has slowed down just a bit. If you are considering buying a home you can still find deals on a house in Gilbert Arizona but having a good Real Estate Agent who understands the market is a must.  Don't wait on the sidelines for too long;  Home values in Gilbert Arizona are still on the rise for now.

Click the form below to find out the current market value of your home.

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Gilbert Arizona Real Estate Report Summary April 2014

Home values in Gilbert Arizona continue to rise, albeit slowly. The average list price in April 2014 for a home for sale in Gilbert Arizona was $277,267. This is an increase of nearly 5% over this same time period last year. The average sold price for homes for sale in Gilbert Arizona was $271,373 which is an increase of 3.7% over the same time from last year. Homes are currently selling at an average of 95.6% of their original list price.  

Home values in Gilbert Arizona are increasing.  Homes are selling in an average of 65 days on market, for higher prices than just a year ago.

Find Homes For Sale in Gilbert Arizona

Visit my website to search for homes for sale in Gilbert Arizona or to be notified when Gilbert Arizona homes come on the market.

To learn more about home values in Gilbert Arizona, or to find out what your home is worth in today's market, email me or call me at 480-458-7399

Remember, home values in Gilbert Arizona are inching up so act now!