This week the median list price for Gilbert, AZ is $687,000 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 508.
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 appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Check out this link from our local Realtors + MLS, below for the newest homes to come on the market.
Gilbert Arizona homes for sale today
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
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
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Chandler Realtor, sell my house,
Chandler, Gilbert, what’s my home
worth, home values, 2024 market,
Arizona Elite Properties, your Valley
Property, #YVP
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