Gilbert AZ Housing Market Trends October 2015

Gilbert AZ October 2015 Real Estate Housing Market Update Highlight:

Active Listing (Inventory) has Increased 5.1% from September 2015
Gilbert AZ October 2015 Average Sold Price is $297,684 and has Decreased 1.2%from September 2015
October 2015 Median Sold Price in Gilbert AZ is $271,000 and has Increased 0.4% from September 2015
98% of Single Family Homes sold in October 2015 are Traditional Sale
Most Expensive House Sold in Gilbert AZ on October 2015, sold at $1,020,000. click here to view

Here are Gilbert AZ Real Estate – Single Family Detached Home statistics for October 2015. 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 provided by the FlexMLS system.

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Gilbert AZ October 2015 Average Sold Price Analysis
October 2015 Average Sold Price for Single Family Detached Homes in Gilbert AZ is $297,684. This Average Sold Price had decreased 1.2% from September 2015. This is because most expensive home sold in October was sold for $1,020,000 compare to 1,200,000 in September 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.

The statistic is an indicator that Buyer are paying more for a home compare to 1 year ago as October 2014 average sold price was $277.001. 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 zipcode to zipcode 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.

Gilbert AZ October 2015 Median Sold Price Analysis
October 2015 Median Sold Price in Gilbert AZ is $271,000 compare to $270,000 in September. This compare to $260,000 in October 2014, that’s 4.2% increase compare to October 2014.

Number of Homes Sold in Gilbert AZ in October 2015
We saw 337 Single Family Homes sold in October 2015 in Gilbert AZ compare to 429 in September. It took 62 days to get your Gilbert AZ Homes sold in October 2015. There were 348 Single Family Homes Sold in October 2014, and it took 89 days to get your home sold.

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.

Gilbert AZ Real Estate New Listing & Homes for Sale
Homes for Sale by Gilbert AZ zipcode:
Gilbert AZ 85233 Homes for Sale
Gilbert AZ 85234 Homes for Sale
Gilbert AZ 85295 Homes for Sale
Gilbert AZ 85296 Homes for Sale
Gilbert AZ 85297 Homes for Sale
Gilbert AZ 85298 Homes for Sale

Gilbert AZ Homes for Sale by Price Range:
Gilbert AZ Homes for Sale Under $100,000
Gilbert AZ Homes for Sale $100,000 – $200,000
Gilbert AZ Homes for Sale $200,000 – $300,000
Gilbert AZ Homes for Sale $300,000 – $400,000
Gilbert AZ Homes for Sale $400,000 – $500,000
Gilbert AZ Luxury Homes for Sale $500,000 – $750,000
Gilbert AZ Luxury Homes for Sale $750,000 – $1,000,000
Gilbert AZ Luxury Homes for Sale Over $1,000,000

Gilbert AZ Real Estate Deals:
Gilbert AZ Bank Owned Homes for Sale
Gilbert AZ Short Sale Homes for Sale

Selling your home in Gilbert AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ Home Value 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 Gilbert AZ 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 Gilbert AZ, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

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