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Valley stats for the week for Gilbert Arizona for Jan 06 to Jan 13, 25

By
Real Estate Agent with Arizona Elite Properties SA545073000

This week the median list price for Gilbert, AZ is $665,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 487. 

In the last few weeks, the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb. 

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.

 

 

 

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Bill Salvatore / Arizona Elite Properties
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Show All Comments Sort:
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Bill. The numbers may vary a bit from month to month but the market remains a sellers market and the beat goes on. See youunext month. Enjoy your day.

Jan 13, 2025 04:39 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bill and thank you for your market report to share with us here in the Rain.  Interesting.

Jan 13, 2025 08:23 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Jan 13, 2025 11:32 AM
Gloria Todor
Premier Property Sales & Rentals - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Gilbert AZ buyers and sellers will appreciate your report.

Jan 13, 2025 05:42 PM