Gilbert AZ Real Estate Housing Market Report - June 2022

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Gilbert AZ Real Estate Housing Market Report for June 2022:
 
The average sales price of Gilbert homes has slightly decreased after increasing for four months in a row, going from $719,659 in May to $718,085 for June. Average sales prices in Gilbert have increased in 21 out of the last 26 months.

After decreasing in January, the average sold price per square foot of Gilbert homes has increased for the fifth straight month, going from $305/sf in May to $310/sf in June. This is just another sign that home values continue to increase, as this is the 22nd increase in the last 24 months.
 
After decreasing for 3 straight months, Gilbert days on market has increased from 20 DOM in May to 25 DOM in June. The Gilbert DOM is still 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 buying a home, selling your home, or investing in the Gilbert, AZ 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 (6)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Troy and thank you for this great information in your blog to share with us here in the Rain.  Make it a great day!

 

Aug 11, 2022 11:52 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good afternoon Troy,

Excellent market report on the Gilbert AZ real estate market. Sounds like a shift but homes still selling quickly!

 

Aug 11, 2022 01:26 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Aug 11, 2022 01:50 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks so much Will Hamm for the kind words. I try to provide value to anyone who wants to know what is going on in the housing market in my area.

Aug 11, 2022 02:31 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

You nailed it Dorie Dillard Austin TX. We are starting to see a change in the market here with things slowing down, but it is still a seller's market.

Aug 11, 2022 02:32 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Hi Myrl Jeffcoat thank you so much for always commenting on my posts. I want to make sure home buyers and sellers in Gilbert know what is going on in their local market.

Aug 11, 2022 02:33 PM