How long will it take to sell my Gilbert, AZ home? - April 2016

By
Real Estate Broker/Owner with Zion Realty
https://activerain.com/droplet/4RQ8

Days on Market in Gilbert, Arizona April 2016

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

 

The amount of time it's taking to sell a home in Gilbert, Arizona plummeted in April after seeing a mild decrease the previous month. On average in the month of April 2016 a home in Gilbert took 60 days on market before finding a buyer as opposed to the previous month's number of 76.9 days. Going back a full year to April of 2015 the average home in Gilbert sold after 72 days on the market so we have certainly seen an improvement in even the year over year numbers. There are still some homes in the most highly sought after neighborhoods and locations which are selling almost as fast as they are being placed up for sale, and yet some other homes in the higher price brackets are taking longer than the average to sell. 

The most competitive price range in Gilbert, Arizona currently is that of the first time home buyer between $200,000 and $250,000. Homes in that price range are being bought up the quickest and some are receiving multiple offers within the first few weeks of being listed for sale.

We are now fully entrenched in the busy Spring and Summer selling season. Historically during this time of year it takes less time to sell a property as there are more buyers in the market for a new home. If you're a buyer, you want to see the Days on Market increase because for you that means you have more time to think about a home before needing to make an offer. If you're a seller you want to list your house sooner rather than later. The Spring and Summer time real estate market will bring more listings and more homes competing against yours for the eyes and dollars of buyers. Armed with a little knowledge and a hard-working real estate agent from Zion Realty buying or selling a home will 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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Topic:
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Arizona Maricopa County Gilbert
Groups:
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Posts to Localism
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2016 Market Reports
Tags:
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Rainmaker
2,772,340
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Nicole, I don't know why I am surprised to see the average days on market to be 60 days or longer. Thank you for the informative Gilbert AZ market report.

May 23, 2016 12:51 AM #1
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3,936,187
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Nicole

The answer to the question of how long it will take a house to sell is a complicated one sometimes. Your analysis demonstrates this well. 

Jeff

May 23, 2016 01:01 AM #2
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Excellent reporting on Gilbert, AZ Nicole. People considering a sale will get so much out of this information.

May 23, 2016 02:23 AM #3
Rainmaker
1,869,212
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nicole - this certainly does speak volumes about time of year.  When it is hot do is the market.

May 23, 2016 04:02 AM #4
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Being prepared for the right offer is essential. I look at terms along with price Nicole Doty - Gilbert Real Estate Expert 

May 23, 2016 04:21 AM #5
Rainmaker
3,268,499
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Nicole -- there's always a story behind the numbers.  Your report is a good starting point to the conversation of a specific property.   

May 23, 2016 05:53 AM #6
Rainmaker
3,246,897
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nicole

The homes in Gilbert Arizona are selling about as fast as there being listed.

Good luck and success.

Lou Ludwig

May 23, 2016 12:17 PM #7
Rainmaker
1,518,392
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Ashburn, VA
Alexandria Virginia Homes For Sale

Nicole. you know the Gilbert AZ market and your updates are always concise and easy to understand. Looks like a great time for sellers to contact you!

May 23, 2016 11:25 PM #8
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

That is a good market but not crazy, crazy like some others. Sellers can be assured that you will do your best to get their propeties sold. 

May 23, 2016 11:51 PM #9
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

This is a great market report for homes for sale in Gilbert, Arizona.  Thanks for sharing.  Make it an awesome day.

May 27, 2016 11:18 AM #10
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Nicole Doty - Gilbert Real Estate Expert

Broker/Owner of Zion Realty ZionRealtyAZ.com
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