📈 2020 Gilbert AZ Housing Market Trends Report, Statistics and House Value
Here are 2020 Gilbert AZ Housing Market Update for single family homes. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ as 1/7/2021, provided by the FlexMLS system.
- 2020 new Listings homes for sale had decreased about 0.7% from a year ago
- 2020 average sold price for single family home in Gilbert AZ was $440,108 that’s about 13.3% appreciation from 2019
- Gilbert AZ single family homes median sold price in 2020 was $392,000 and had increased about 12.0% from a year ago
- Almost all of single family homes sold in 2020 are regular sale
- Most Expensive House Sold in Gilbert AZ in 2020 was sold at $2,700,000
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Number of Single Family Homes Sold in 2020
Based on 2020 statistic, we saw 5,479 single family homes sold in Gilbert AZ. Compare to 5,262 from a year ago, that is about 4.1% increased of number of single family home sold from last year.
The Days on Market (DOM) for 2020 is 34 days, compare to 49 in 2019. It took average about 34 days (Days on Market) to get your Gilbert AZ single family home sold in 2020.
Gilbert AZ 2020 Median Sold Price
Median sold price for Gilbert AZ single family homes in 2020 in Gilbert AZ is $392,000. The median sold price in 2019 was $350,000. Compare to a year ago, the median sold price for single family home in Gilbert has increased about $42,000, that’s about 19.4% appreciation from 2019.
View Homes for Sale in Gilbert Under $385,000
2020 Gilbert AZ Average Sold Price
Gilbert AZ single family homes average sold price in 2020 is $440,108. Compare to $388,474 a year ago, the average sold price had increased about $51,000, that’s about 13.3% appreciation from 2019.
There are 87 millions dollar listings homes sold in 2019.
View Homes for Sale in Gilbert Under $425,000
2020 Average Price Per Square Feet Gilbert AZ
2020 average sold price per square feet for single family homes in Gilbert is $190 per square feet, compare to $170 a year ago.
View Homes for Sale in Gilbert Under $150 per square feet
The statistic indicate that buyers are paying more for a home compare to 1 year ago, based on average sold price and median sold price.
2020 Gilbert AZ Monthly Housing Market Report
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Gilbert AZ Single Family Home Price 2000 – 2020
Current Gilbert AZ Housing Market Trends Report
View Current Gilbert AZ Housing Market Report. The data used this Gilbert AZ Market Report is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you are a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zip code to zip code and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.
As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.
If you are considering buying a home in Gilbert there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.
Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Gilbert AZ with a low down payment.
Selling your home in Gilbert AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.
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Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.
If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.
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