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

By
Real Estate Broker/Owner with Zion Realty
https://activerain.com/droplet/4Vj7

Days on Market in Gilbert, Arizona July 2016

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

 

July saw a big increase in the amount of time it was taking to sell a home in Gilbert, Arizona which is the first such increase in two months. On average in the month of July 2016 a home in Gilbert took 60.2 days on the market which is almost a 7 day increase over the previous month's numbers. However, year over year numbers are still steady which shows a stable and healthy market. 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 winding down the busy Summer selling season. Historically during this time of year it will begin to take a little more time to sell a property as the fall and winter season slow down approaches. 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 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.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Arizona Maricopa County Gilbert
Groups:
Arizona Homes
Posts to Localism
Moving to Arizona
Gilbert Arizona Real Estate
2016 Market Reports
Tags:
arizona
homes for sale
gilbert
realty
market report
zion

Spam prevention
Show All Comments
Rainmaker
3,100,373
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nicole Doty,  Our market in Denver is changing a little now with school started.  Make it a gret day!

Aug 22, 2016 01:40 AM #1
Ambassador
3,936,979
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Nicole

Very nice presentation and answer to the proverbial question of how long it will take to sell a home. There is often a complex answer to this question - it depends!

Jeff

Aug 22, 2016 02:14 AM #2
Ambassador
1,769,785
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Nicole, excellent reporting on Gilbert, AZ.

Aug 22, 2016 02:37 AM #3
Ambassador
3,058,652
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I guess February is not a popular month for selling.

Make this Monday an awesome day Nicole Doty - Gilbert Real Estate Expert!

Aug 22, 2016 05:55 AM #4
Rainmaker
1,518,392
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Ashburn, VA
Alexandria Virginia Homes For Sale

Nicole, anyone considering selling their Gilbert AZ home would be wise to contact you. Your expertise will achieve them a successful sale in the shortest time and for the highest price possible. 

Aug 23, 2016 01:07 AM #5
Rainmaker
1,978,297
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Nicole,

When I read your Title with a quick glance, I had to ask myself, I wonder how long it would take to get to Gilbert, AZ?  That's when I stopped and slowed down to read your post. Of course, I didn't read it right in the first place! Which leads me to believe, people make lots of mistakes thinking selling a home is quick and easy.

You always provide professional tips that are helpful and accurate too! 

Aug 23, 2016 02:01 AM #6
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
679,919

Nicole Doty - Gilbert Real Estate Expert

Broker/Owner of Zion Realty ZionRealtyAZ.com
Ask me a question
*
*
*
*
Spam prevention