Gilbert, AZ saw a noticeable increase in the number of homes sold in 2015 compared to April of 2014. Gilbert saw the number of homes closed in April of 2014 at 430 and jumped to 523 in April 2015! Gilbert, AZ also saw the price per square foot rise from $126.99 to $131.81 for the month of April year over year. And if you read the March Market Report, Gilbert rose another $2 per square foot since March 2015.
Average price of house sold | Average Square footage | Average Price per square foot | |
April 1- April 30 of 2014 | $270,599 | 2147 sq ft | $126.99 |
April 1- April 30 2015 | $281,355 | 2170 sq ft | $131.81 |
Gilbert continues to thrive in a market that has many seeing a rise in the equity of their home, which makes it a great time to list your Gilbert home as we continue to move into the spring and summer months! On the other hand, buyers in Gilbert are seeing slight increases in the value of homes and also seeing less homes on the market, which means more competition for your dream home! As we continue to move into the "hot season" of real estate, buyers should have a little more sense of urgency and start the pre-qualification process sooner than later!
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