Homes for sale in Gilbert, Arizona - June 2015 Market Report

By
Real Estate Broker/Owner with Zion Realty
https://activerain.com/droplet/4G7r

Number of Listings in Gilbert, Arizona June 2015

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

 

The Gilbert, Arizona housing market had it's first drop in Active listings for sale since February 2015. There were 1,177 Active homes for sale in Gilbert in June 2015. The number of New houses in Gilbert being put up for sale also saw a bit of a slow down in June. There were 651 New houses put up for sale in Gilbert in June as compared to only 615 New houses that came to the market in May. However, the number of Sold homes had another good increase in June. Gilbert had 636 homes sold in June versus only 492 homes that were sold in May.  

What do all these numbers mean for buyers and sellers? It's a little surprising to see the number of Active listings and New houses coming to market show signs of a slow down this time of the year. The busy Summer Arizona real estate market usually does not start it's downward turn until late August. However, the fact that the number of homes being Sold is still on the increase tells us that there are still plenty of buyers in the market for homes but the amount of sellers ready to change addresses isn't keeping pace. If this trend continues we could see a disparity in the amount of willing and able buyers verses a lack of inventory to choose from when they begin their new home search. If you're a seller and want top dollar for your home, now is a great time to bring your home to the market because you are competing with fewer sellers right now. If you are a buyer, you might find you are running in to multiple offer situations and more competition for the best homes for sale as there are more buyers than sellers. But armed with a little knowledge and a hard-working real estate agent from Zion Realty selling your home, or snapping up that perfect property before another buyer gets to it should be a little less stressful. Contact us today!

 

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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Topic:
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Location:
Arizona Maricopa County Gilbert
Groups:
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Gilbert Arizona Real Estate
Tags:
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Rainmaker
151,842
Michele Milic
Realty ONE Group ~ 702.419.5359 - Las Vegas, NV

Nicole, looks like another upward move is in store for Gilbert AZ area.

I'm trying to keep my eye on Phoenix and LA/San Bernandino markets as they are good indicators of things to come for Las Vegas.

Have a great day.

Jul 13, 2015 08:08 AM #1
Rainmaker
175,264
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

Good information.  What is your DOM?  Ours was at 60 but suspect starting to go back up as we enter in the slow (hot) summer months here in Tucson, AZ.   Spirit

Jul 13, 2015 08:16 AM #2
Rainmaker
679,819
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Michele - It's a bit surprising to see overall inventory drop in July as this is the busiest time for buyers and sellers. 

Spirit - It's at 65 right now. 

Jul 13, 2015 08:20 AM #3
Ambassador
3,025,133
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

What a nice market report and statistics for Gilbert AZ Nicole Doty - Gilbert Real Estate Expert. I also enjoyed your call to action at the end for Zion!

Jul 13, 2015 09:29 AM #4
Rainmaker
3,246,239
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nicole

The listing seem to be dropping and the result of the increased sales . . . . and that's a good market trend.

Good luck and success.

Lou Lduwig

Jul 13, 2015 09:33 AM #5
Rainmaker
679,819
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Paul - I hope that drop in inventory doesn't last. I don't want to have a situation here like they're having in Denver. I don't enjoy bidding wars. 

Lou - It's a good line but one that shouldn't last very long or it will turn lopsided towards sellers very quickly. It's still pretty balanced right now. 

Jul 14, 2015 12:57 AM #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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