December 2014 Market Report for Gilbert, Arizona - Listing Prices

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Real Estate Broker/Owner with Zion Realty
https://activerain.com/droplet/4xF6

Listing Prices in Gilbert Arizona Year to Date

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

 
Listing Prices in Gilbert

 

The Active Median List price for homes in Gilbert, Arizona has seen an increase month over month since September 2014 when the Active Median List price was only $291,300. That price has increased all the way up to $305,950 ending in December 2014. Meanwhile the Sold Median Sale Price took a slight dip from November 2014, when it was $253,700, to the end of December 2014 when it was $250,000. The New Median List Price for homes being put up for sale in December 2014 was $280,000 which was a sharp increase compared to November 2014 when it was only $264,000.  

 

What do all these numbers mean for home buyers and sellers in Gilbert, Arizona? They seem to show that sellers are still over-valuing their properties and buyers are holding firm in their lower offers. If the Average list price in Gilbert is at $305,950, but the average home sold is only at $250,000, there is a large gap between what sellers think their home is worth and what buyers are willing to pay for them. The bridge needs to be gapped between the active list prices and the actual sold prices for the market to become more healthy and stable. 

 

Find Homes for Sale in Gilbert AZ

If you are interested in finding a home for sale in Gilbert or to find out what your current home is worth contact us through our website at ZionRealtyAZ.com.    

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Ambassador
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I assume the Canadian Buyers are still coming in and I hope the Super Bowl exposure will lead to another boost Nicole Doty - Gilbert Real Estate Expert!  

Jan 31, 2015 02:15 PM #1
Rainmaker
732,245
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Easy to understand graphic, looks like Gilbert, Arizona is on a healthy rise!

Jan 31, 2015 02:18 PM #2
Rainmaker
1,251,661
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Nicole,

The market looks like you are on the rise.

Here it is like going to the ER ad remains a sleight wave and flat-lining at times!

Make yourself a great day.

Jan 31, 2015 10:32 PM #3
Rainmaker
679,919
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Paul - Not nearly as much as they used to be. They are still vacationing but not buying up as much real estate.

Pete - The home values and listings are on the rise but the buyer pool is still a little shallow.

Jan 31, 2015 10:33 PM #4
Rainmaker
679,919
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Raymond - It's been a buyers market for the better part of a year so it's a little strange to see that sellers are continuing to increase their listing prices while buyers are continuing to stick to their lower offers. 

Jan 31, 2015 10:34 PM #5
Rainmaker
5,346,397
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home buyers and home sellers will appreciate your local market information.

Have a great day and a most productive week.

Jan 31, 2015 11:35 PM #6
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Rainmaker
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Nicole Doty - Gilbert Real Estate Expert

Broker/Owner of Zion Realty ZionRealtyAZ.com
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