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Market Report - Listing Prices in Gilbert, AZ - June 2015
Listing Prices in Gilbert, Arizona June 2015
 
Real estate market data for Gilbert, AZ provided by Nicole Doty of  Zion Realty.
 
June saw another climb in Active and New listing prices here in Gilbert, Arizona. The housing market is still going strong and has seen major increases across the board overall this year. However, the increasing Active and New listings did nothing to change the average Sold price. The average home in Gilbert was Active for sale at $325.000 in June and the average Sold home closed at $270,00. The median price of newly listed homes being put up for sale in June 2015 was $295,000. Of course these numbers only represent the median prices. There are many homes that have sold or were listed higher and lower than these averages.
 
So what do these numbers mean if you are a current homeowner in Gilbert or you wish to become one? The hot Summer real estate market has homeowners reaching for the stars when it comes to putting their home up for sale. The gap that is widening between what sellers are listing their home for and what buyers are willing to pay is a sign that buyers are sticking to their guns when it comes to offering on a home. A property is only worth what someone is willing to ... more

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