Special offer

Homes for sale in Gilbert, Arizona - August 2015 Market Report

By
Real Estate Broker/Owner with Zion Realty

Number of Listings in Gilbert, Arizona August 2015

 
Real estate market data for Gilbert, AZ provided by Nicole Doty of  Zion Realty.

 

The Gilbert, Arizona housing market is approaching it's standard Fall and Winter slow down already. Housing numbers in August show that New listings being put up for sale and total Sold listings are both on the decline for the second month in a row. Current Active listings have flatlined for the third month in a row. There were a total of 517 New homes put on the market for sale in Gilbert for the month of August and there were a total number of 477 Sold homes in Gilbert for that same month. Total Active listings sat at 1,127 homes for sale. 

What do all these numbers mean for buyers and sellers? Active listings are down almost 20% from August 2014 numbers. Inventory is getting a little low for this time of year so buyers are going to have less options in the Gilbert area to choose from when home shopping. It is back-to-school time in Gilbert which can heavily distract sellers from putting their home on the market. It can also distract potential buyers from jumping in to the housing market as they are busy getting in to a different routine than the one they were in over the Summer. Once the initial wave of back-to-school schedule changes occur we will typically see another spike in real estate activity on both the buyer and seller side. 

According to the numbers most of the home buying and selling in Gilbert in August was for housing in the $200,000 to $300,000 price range. It's becoming increasingly more difficult to find properties below the $200,000 mark in Gilbert but armed with a little knowledge and a hard-working real estate agent from Zion Realty selling your home, or snapping up that perfect property before another buyer gets to it should be a little less stressful. Contact us today!

 

Find Homes for Sale in Gilbert AZ

 

If you need more information on homes for sale in Arizona or to find out what your current home is worth contact us through our website at ZionRealtyAZ.com.  

Comments (7)

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Nicole - Very nice market report for Gilbert, and an interesting look at seasonal changes in inventory and activity. Buyers and sellers both would benefit from enlisting your expert assistance in seeking the best path to benefit from current market conditions.

Sep 14, 2015 03:38 AM
Nicole Doty - Gilbert Real Estate Expert

The numbers are all heading downward but that's normal for this time of year. 

Sep 15, 2015 07:25 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Nicole, great report on Gilbert AZ. You are the area expert for sure!

Sep 14, 2015 03:47 AM
Nicole Doty - Gilbert Real Estate Expert

I try to be!

Sep 15, 2015 07:25 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Nicole - looks like sellers should contact you to put their home on the market.

Sep 14, 2015 07:33 AM
Nicole Doty - Gilbert Real Estate Expert

They sure should!

Sep 15, 2015 07:25 AM
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Without question I KNOW you know your market Nicole Doty. Keep on blogging and keep on getting your message out!

Sep 14, 2015 10:31 AM
Nicole Doty - Gilbert Real Estate Expert

I will do that sir!

Sep 15, 2015 07:25 AM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Nice update Nicole Doty - Gilbert Real Estate Expert ....nobody knows your market better!

Have a great week 

Sep 14, 2015 11:56 AM
Nicole Doty - Gilbert Real Estate Expert

I'd like to think so!

Sep 15, 2015 07:25 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nicole

The homes in Gilbert Arizona are selling almost as fast as they are being listed.

Good luck and success.

Lou Ludwig

Sep 14, 2015 12:18 PM
Nicole Doty - Gilbert Real Estate Expert

Our DOM has been steadily decreasing. 

Sep 15, 2015 07:26 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Nicole.  With less inventory are you seeing prices going up?

Sep 14, 2015 03:06 PM
Nicole Doty - Gilbert Real Estate Expert

It's been steadily increasing. No major jumps in pricing. 

Sep 15, 2015 07:24 AM