Number of Listings in Gilbert, Arizona September 2015
Real estate market data for Gilbert, AZ provided by Nicole Doty of Zion Realty.
The Gilbert, Arizona housing market is approaching it's standard Fall and Winter slow down already. Housing numbers in September show that homes being listed for sale or that were sold have all but flat lined if not slightly declined. The number of Active listings for September was 1,099 homes for sale. Compare that to September of 2014 when there were 1,426 homes on the market and you'll see that over the course of a year Gilbert has seen a dramatic drop in available housing inventory. There were a total of 530 New homes put on the market for sale in Gilbert for the month of September and there were a total number of 457 Sold homes in Gilbert for that same month.
What do all these numbers mean for buyers and sellers? Active listings are down almost 23% from September 2014 numbers. Inventory is getting a little low for this time of year so buyers are going to have less options in the Gilbert area to choose from when home shopping. Fall festivals and school activities in Gilbert can heavily distract sellers from putting their home on the market. It can also distract potential buyers from jumping in to the housing market as they are busy getting in to a different routine than the one they were in over the Summer. Once the initial wave of Fall schedule changes occur we will typically see another small spike in real estate activity on both the buyer and seller side.
According to the numbers most of the home buying and selling in Gilbert in September was for housing in the $200,000 to $300,000 price range. It's becoming increasingly more difficult to find properties below the $200,000 mark in Gilbert 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.