Active Listings in Gilbert, Arizona Year to Date
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The number of Active listings in Gilbert, Arizona has slowly been on a downward trend since September 2014 when there were 1,422 Active homes for sale. In December 2014 the number of Active homes for sale had decreased to 1,153. The number of new listings hitting the market has also been on the decline during that same period. In September there were 524 new homes added to the market verses only 259 in the month of December of 2014. Conversely the number of homes that have sold each month is on the increase. There were 399 homes sold in Gilbert, Arizona in December 2014. That is an increase of 57 homes sold over the previous months totals.
Unlike a lot of real estate markets around the Country that have been suffering from a severe lack of inventory, here in Gilbert, Arizona we have had too much inventory on the market which has been suppressing home prices and brought the market to a lull for most of 2014. The numbers are finally indicating a better balance in homes that are being listed for sale verses homes that are being sold each month. These trends would indicate a healthier market for both buyers and sellers.
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.