Gilbert AZ Real Estate Housing Market Report - February 2022

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Gilbert AZ Real Estate Housing Market Report for February 2022:
 
After decreasing last month, the average sales price of Gilbert homes has increased from $583,321 in January to $626,978 for February of 2022. The average sales price of homes in Gilbert is very close to the all-time high of $629,298 it reached in December of 2021.

After decreasing last month, the average sold price per square foot of Gilbert homes increased from $274/sf in January to $285/sf in February. This is just another sign that home values continue to increase, as this is the 18th increase in the last 20 months.
 
After increasing for six straight months, The Gilbert days on market has increased or remained the same for the last 10 months, dating back to April of 2021, when it reached an all-time low of 16 DOM. The DOM for Gilbert has gone from 29 in January up to 30 for February. Even with this increasing trend the Gilbert DOM is still extremely low, which means that homes in Gilbert Arizona are still selling very fast!
 
Click on the image below to read the full article and see what is going on in the Gilbert Arizona real estate market.
 
 
Feel free to reach out to me if you have any questions about home buying, selling, or investing in the Phoenix Metro or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.
"Real Estate is not just a job for me,
it's about making a difference in the lives of others"
       
Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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         Contact Troy Erickson, Realtor®, Good Company Real Estate

Licensed Residential Realtor® in Arizona at 602-295-6807

 

Reach out to me for all your Phoenix, Chandler, Ahwatukee, Tempe, Gilbert, and Scottsdale, Arizona Real Estate needs.

 

Check out our website for all Arizona Real Estate and Homes For Sale in subdivisions like Sun Lakes, Ocotillo, Lakewood, Mountain Park Ranch, Pepperwood, Circle G Ranches, and many others throughout the East Valley.

 

"Real Estate is more than just about a job for me. It is about making a difference in the lives of others. I help people just like you Buy, Sell, and Invest in East Valley Arizona Real Estate!"

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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Comments (2)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Gilbert home buyers and sellers are sure to value your real estate market report, Troy.

Mar 14, 2022 07:09 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Myrl Jeffcoat, thank you for the support.

Mar 15, 2022 07:09 PM