Admin

Valley stats for the week of Nov 28 to Dec 04, 2023, Gilbert Arizona

By
Real Estate Agent with Arizona Elite Properties SA545073000

Gilbert, AZ

Mon Dec 04 2023
This week the median list price for Gilbert, AZ is $654,500 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has increased to 342.

 

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 

 

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. 

 

 

 

 

YOUR   Latest activity in the VALLEY of the SUN

For ALL your Valley AZ Real Estate Needs

PHONE   Bill   at   602-999-0952

Text         Bill   at    602-999-0952

Email      Bill    at     billAZElite@cox.net 

Read other YVP Blogs here

For more information, Call or Text: 602-999-0952
eMail: golfarizona@cox.net
Bill Salvatore / Arizona Elite Properties
Your Valley Property Team
Residential Sales, Marketing, and Property Management

Selling Arizona for more than 20 years

Founder: AZVHV Arizona Veterans Helping Veterans
Recipient: East Valley Tribune’s: Best Gilbert, Arizona Realtor 

 

 

Bill Salvatore, Arizona Elite Properties, Veterans Agent, Chandler Realtor, Gilbert Realtor, Tempe Realtor, Ahwatukee Foothills Realtor, Mesa Realtor, East Valley Realtor, Southeast Valley Realtor, Arizona Realtor, Phoenix Realtor, Chandler Real Estate, Western Skies Golf Community, Seville, Gilbert Real Estate, Ahwatukee Foothills Real Estate, Tempe Real Estate, Mesa Real Estate, East Valley Real Estate, Southeast Valley Real Estate, Arizona Real Estate, Phoenix Real Estate, Clemente Ranch homes, Ocotillo homes, Power Ranch homes, Seville homes, Arden Park homes, Carino Estates homes, Greenfield Estates homes, Circle G homes, Sun Lakes homes, Warner Ranch homes, Dobson Ranch homes, Fulton Ranch homes, Seller’s Realtor, Clemente Ranch homes for sale, Ocotillo homes for sale, Power Ranch homes for sale, Seville homes for sale, Arden Park homes for sale, Carino Estates homes for sale, Greenfield Estates homes for sale, Circle G homes for sale, Sun Lakes homes for sale, Warner Ranch homes for sale, Dobson Ranch homes for sale, Fulton Ranch homes for sale, Clemente Ranch, Ocotillo, Power Ranch, Seville, Arden Park, Carino Estates, Greenfield Estates, Circle G, Sun Lakes homes for sale

 

Chandler Realtor, sell my house,
Chandler, Gilbert, what’s my home
worth, home values, 2023 market,
Arizona Elite Properties, your Valley
Property, #YVP

Show All Comments Sort:
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Bill. Looks like your market may have a new low plateau and may not give way to further pressure. That said, the lunatics in Washington could change that in a heartbeat. Enjoy your day.

Dec 04, 2023 04:24 AM
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
The Grit and Gratitude Agent

Interesting stats and agree with Wayne Martin about the idiots in D.C.

Dec 04, 2023 04:47 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Wayne I am sensing you are not a fan of the men in DC?  I have to agree with you..

 

Bill Salvatore, Realtor- Arizona Elite Properties

Dec 04, 2023 04:53 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Bill. I think lots of areas are seeing a market that is rather stagnant than moving in one direction or other.

Dec 04, 2023 05:10 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Bill, I agree that many regions are experiencing a real estate market that is not actively going anywhere.

Dec 04, 2023 06:43 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Dec 04, 2023 07:47 AM