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.