Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The amount of time it's taking to sell a home in Gilbert, Arizona saw another increase in the month of December. This makes four out of the last five months in which a home is taking longer to sell. On average in the month of December 2015, a home in Gilbert took 71 days on the market before finding a buyer. This number is still better than December of 2014 when it was taking an average of 80 days to sell a home in Gilbert. Going back to July of … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
Every home owner wants to know how much their property is worth. Prices have long since stabilized for the most part here in Arizona and the dramatic shifts in upward and downward pricing have largely ceased. Bidding wars are few and far between and are only reserved for those most sought after locations around the Valley where properties rarely come available. But what can a home owner expect to get from their Gilbert, Arizona home? The Sold to List ratio in December saw the fourth straight month of declines … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona housing market is fully entrenched in it's typical Winter slow down. Housing numbers in December show there was another decline in new homes being listed for sale for the second month in a row as well as a flat-line in total active listings. There were 1,082 homes actively listed for sale in December which is almost 70 less homes than there were available in December of 2014. New homes coming on to the market for sale dropped to 316 which is down a total of 217 units from October. Finally, sold … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona real estate market experienced the typical plateau that comes during the Holiday season. Active homes for sale flat-lined at an average price of $325,000. This is still a significant increase from 2014 values when the average active list price from a year ago was $305,000. Sold home values experienced a slight increase from November 2015 to settle in at an average sales price of $269,900. This represents almost a $20,000 increase from 2014 values. The biggest change was seen in the New listings category. New homes just coming on … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The amount of time it's taking to sell a home in Gilbert, Arizona saw a slight increase in the month of November after showing signs of decreasing just the month prior. On average, a home in Gilbert took 62.5 days on the market before finding a buyer. This number is still significantly better than November of 2014 when it was taking an average of 88 days to sell a home in Gilbert. There are still some homes in price ranges around $200,000 which are selling almost as fast as they are being … (9 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
Every home owner wants to know how much their property is worth. Prices have long since stabilized for the most part here in Arizona and the dramatic shifts in upward and downward pricing have largely ceased. Bidding wars are few and far between and are only reserved for those most sought after locations around the Valley where properties rarely come available. But what can a home owner expect to get from their Gilbert, Arizona home? The Sold to List ratio in November saw the third straight month … (6 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona housing market is entering it's typical Winter slow down. Housing numbers in November show there was a steep decline in homes being listed for sale as well as a drop in closed transactions. There were 1,111 homes actively listed for sale in November which is almost 200 less than November of 2014. New homes coming on to the market for sale dropped to 375 which is down a total of 200 units from October. Finally, sold listings also took a loss. There were 286 closed transactions in Gilbert, Arizona for the month … (6 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona real estate market experienced the typical plateau that comes at this time of year. Active homes for sale flatlined at an average price of $320,000. This is still a significant increase from 2014 values when the average active list price from a year ago was $299,900. Sold listings experienced a slight decrease to settle in at an average of $265,000. This was a $3,000 drop from October's numbers. The biggest change was seen in the New listings category. New homes just coming on to the … (5 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
Every home owner wants to know how much their property is worth. Prices have long since stabilized for the most part here in Arizona and the dramatic shifts in upward and downward pricing have largely ceased. Bidding wars are few and far between and are only reserved for those most sought after locations around the Valley where properties rarely come available. But what can a home owner expect to get from their Gilbert, Arizona home? The current Sold to List ratio in October saw the third straight … (7 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona housing market is entering it's standard Fall and Winter slow down. Housing numbers in October showed a spike in houses listed for sale and a drop in closed transactions. There were 1,180 homes actively listed for sale in October which is almost 100 more than September but down more than 200 from October of 2014. There were 574 new homes listed in Gilbert for sale in October which is 41 more than September, however, there were only 355 homes that sold in that same period as compared to the 370 … (10 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
It was bound to happen eventually. The amount of time it was taking to sell a home in Gilbert had been steadily declining since March until now. Gilbert saw it's second month in a row increase in the Days on Market statistic. It was a minor increase but an increase none-the-less. Homes in Gilbert, Arizona were taking an average of 61 days to sell in August and in September we saw that number move up to 63 days. This number is still significantly better than September of 2014 when it was taking … (3 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
September brought about an unexpected increase across the board in Active median prices, New Median list prices, and Sold median sales prices. Just when we thought the Spring and Summer busy season was definitely on it's way out, September gave us one more small glimpse of an increasing market. Active median prices for homes here in Gilbert, Arizona for September increased to $326,000. Compare that to a year ago when that number was only $290,000. New homes coming on to the market flatlined in price from August to … (6 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
It was bound to happen eventually. The amount of time it was taking to sell a home in Gilbert had been steadily declining since March until now. Gilbert saw it's first increase in five months in the Days on Market statistic. It was a minor increase but an increase none-the-less. Homes in Gilbert, Arizona were taking an average of 60 days to sell in July and in August we saw that number move up to 61 days. This number is still significantly better than August of 2014 … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
Every home owner wants to know how much their property is worth. Prices have long since stabilized for the most part here in Arizona and the dramatic shifts in upward and downward pricing have largely ceased. Bidding wars are few and far between and are only reserved for those most sought after locations around the Valley where properties rarely come available. But what can a home owner expect to get from their Gilbert, Arizona home? The current Sold to List ratio for August 2015 shows … (4 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
August continued a downward trend in Active median prices for homes here in Gilbert, Arizona. The busy Summer housing market appears to finally be coming to an end this year. Conversely, the Median price for New homes coming on to the market did see an increase in August however it still hasn't fully regained the value that was lost in the market from June to July 2015. The average home in Gilbert was Active for sale at $319,900 in August. The average Sold home in July closed at $258,700 which is a $2,000 increase from July, and the … (9 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
What is the Absorption Rate when it comes to real estate? The Absorption Rate chart shows how long the current inventory of properties would last at the current rate of sales. If no new properties were added to the market, and sales continued at a steady pace, the Absorption rate indicates the number of months required to sell all the properties on the market. In a healthy real estate market this number should hover around a 3-Month average. As you can see the Gilbert, Arizona real estate market has been just … (7 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
It appears we've rebounded a bit from the plateau the market saw from May to June of 2015 in the amount of time it is taking to sell a home in the Gilbert, Arizona. July saw the days on market figure drop from what it was in June at 65.3 days to settle in at 60 by the end of July. There are still some homes in price ranges around $200,000 which are selling almost as fast as they are being placed up for sale, and yet some … (10 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
Every home owner wants to know how much their property is worth. Prices have long since stabilized for the most part here in Arizona and the dramatic shifts in upward and downward pricing have largely ceased. Bidding wars are few and far between and are only reserved for those most sought after locations around the Valley where properties rarely come available. But what can a home owner expect to get from their Gilbert, Arizona home? The current Sold to List ratio for July 2015 … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona housing market is starting to see signs of the upcoming Fall and Winter slow down already. July's housing numbers show that New listings being put up for sale and total Sold listings are both on the decline. However, total Active listings increased for the first time since April. There were a total of 582 New homes put on the market for sale in Gilbert for the month of July and there were a total number of 539 Sold homes in Gilbert for that … (8 comments)
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
July saw declines across the board in Sold, Active and New listing prices here in Gilbert, Arizona. The busy Summer housing market appears to be coming to an early end this year. Back in June 2015 we still were seeing modest increases in Active and New listing prices but the average Sold price had flat lined. However, everything took a step back in July. The average home in Gilbert was Active for sale at $320,000 which is a $5,000 decrease from June. The average Sold home in July closed at $260,000 which … (3 comments)
Days on Market in Gilbert, Arizona December 2015
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