Sold to List Ratio in Gilbert, Arizona Year to Date
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The market has seen a steady climb upwards in the sold to list ratio for homes for three straight months now starting in October of 2014. A home that sold in Gilbert, Arizona in December of 2014 received 95.5% of the sellers asking price. Compare that to October 2014 when a homeowner was only receiving on average 94.8% of the asking price for their home. October's average sold to list ratio was the lowest percentage seen in Gilbert, Arizona in the past year. The percentage increase over the last three months would indicate the real estate market in Gilbert is slowly becoming a sellers market.
This moderate increase over the past three months is a good sign that housing values are increasing. Traditionally the real estate market will start to pick up in the Spring so look for the sold to list ratio to keep gaining momentum.
Find Homes for Sale in Gilbert AZ
If you are interested in finding a home for sale in Gilbert, Arizona or to find out what your current home is worth contact us through our website at ZionRealtyAZ.com.
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