Market Report - Listing Prices in Gilbert, AZ - June 2015

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

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 pay. Homeowners can list their home for sale at whatever price they want but buyers still hold half the cards when it comes to affordability, what they can finance, and what they see as value in a home. If we continue to see the trend in Sold prices remaining stagnant then you can bet we will also start to see a slight drop in the price in which homeowners are listing their home for sale. 

If you are a current homeowner, you have seen some steady equity built in to your property over the past year. Conversely, if you have been thinking of purchasing a property in Gilbert you may need to start feeling a slight sense in urgency. Summer is the busiest seasons for buying and selling real estate in Arizona. There are some price ranges in Gilbert that are once again seeing multiple offers placed on homes and buyers are snapping up the most affordable houses that hit the market each week. But armed with a little knowledge and a hard-working real estate agent from Zion Realty wrapping up that perfect home before another buyer gets to it should be a little less stressful! 

 

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.  

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Rainmaker
2,238,427
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

You have addressed all the trends for your real estate market, a market you know very well. Great info for anyone interested in buying or selling.

Make it a great week!

 

Jul 06, 2015 03:09 AM #1
Rainmaker
1,492,840
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Nicole, I love reading about how strong real estate market is in different areas of the country. Those who are thinking of buying or selling a home in Gilbert AZ would benefit from working with you as their Realtor.

Jul 06, 2015 03:12 AM #2
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1,913,124
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Hi  Nicole Doty - Gilbert Real Estate Expert  good news and a wonderful market-report-listing-prices-in-gilbert-az-june-2015

Jul 06, 2015 04:01 AM #3
Rainmaker
3,246,897
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nicole

The Gilbert Arizona real estate price trends continues on an upward trend.

Good luck and success.

Lou Ludwig

Jul 06, 2015 06:20 AM #4
Rainmaker
679,919
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Joe - I feel like the buyers are starting to pull back the reins just a little bit right now. 

Beth - They certainly would and I'll be here to answer their call!

Hannah - Sellers are certainly trying to grab as much as they can right now during the busy time.

Lou - Inspite of the slight dip back in May it rebounded for June. 

Jul 06, 2015 09:06 AM #5
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Nicole.  It looks like prices are heading in the right direction for sellers.

Jul 06, 2015 08:41 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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