Gilbert AZ Housing Market Trends Report July 2018

Swee Ng

6 years ago

Gilbert AZ Housing Market Trends Report July 2018, Statistics and House Value

Here are Gilbert AZ housing market trends report July 2018 for single family detached home. 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.

July 2018 Gilbert AZ Real Estate Housing Market Update Highlight:

New Listing had increased about 3.4% from a year ago
July 2018 average sold price for single family home in Gilbert AZ was $372,395 that’s about 2.5% appreciation from July 2017
Median Sold Price in July 2018 was $338,250 and had increased about 9.1% from a year ago
About 99% of single family homes sold in July 2018 are Traditional Sale
Most Expensive House Sold in Gilbert AZ in July 2018 was sold at $1,800,000

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Number of Single Family Homes Sold in July 2018

We saw 510 single family homes sold in July 2018 in Gilbert AZ compare to 464 from a year ago. The Days on Market (DOM) for July 2018 is 43. It took average about 43 days (Days on Market) to get your Gilbert AZ single family home sold in July 2018.

Gilbert AZ July 2018 Median Sold Price Analysis

Median sold price for July 2018 in Gilbert AZ is $338,250. The median sold price in July 2017 was $310,000. Compare to a year ago, that’s about 9.1% increased from July 2017.

July 2018 Median Sold Price in Gilbert was $338,250
View Homes for Sale in Gilbert Under $335,000

July 2018 Gilbert AZ Average Sold Price Analysis

Average sold price for Gilbert AZ single family homes in July 2018 was $372,395 compare to $363,393 a year ago. This average sold price had increased about 2.5% from July 2017. There are 5 millions dollar listings sold in July 2017.

July 2018 Average Sold Price in Gilbert was $372,395
View Homes for Sale in Gilbert Under $350,000
The average price per square feet for single family homes in Gilbert is $160.00 per square feet.

The statistic indicate that buyers are paying more for a home compare to 1 year ago.

Also Read: How rising interest rates will impact housing affordability?

July 2018 Housing Market Report by Gilbert AZ zipcode

Gilbert AZ Zipcode	Median Sold Price	Average Sold Price
Gilbert AZ 85233	$305,000	$319,541
Gilbert AZ 85234	$349,900	$394,861
Gilbert AZ 85295	$332,000	$356,653
Gilbert AZ 85296	$312,500	$336,615
Gilbert AZ 85297	$330,000	$364,495
Gilbert AZ 85298	$380,000	$443,099

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.

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.

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.

What my Gilbert AZ Homes is worth?

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.

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.

New Listing Homes for Sale Gilbert AZ

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

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

School in Gilbert AZ
Gilbert AZ is served by 3 school districts: Gilbert Public School District, Higley Unified School District and Chandler Unified School District.

Gilbert Elementary School in Gilbert Public School District:
Ashland Ranch Elementary School
Burk Elementary School
Canyon Rim Elementary School
Carol Rae Ranch Elementary School
Finley Farm Elementary School
Gilbert Elementary School
Greenfield Elementary School
Highland Park Elementary School
Houston Elementary School
Islands Elementary School
Mesquite Elementary School
Neely Traditional Academy (non-boundaries)
Oak Tree Elementary School
Patterson Elementary School
Pioneer Elementary School
Playa Del Rey Elementary School
Quartz Hill Elementary School
Settler’s Point Elementary School
Sonoma Ranch Elementary School
Spectrum Elementary School
Towne Meadow Elementary School
Val Vista Lakes Elementary School

Junior High School in Gilbert Public School District:
Gilbert Junior High School
Greenfield Junior High School
Highland Junior High School
Mesquite Junior High School
South Valley Junior High School

High School in Gilbert Public School District:
Campo Verde High School
Gilbert High School
Highland High School
Mesquite High School

Elementary School in Higley Unified School District:
Bridges Elementary School (New School in 2016)
Centennial Elementary School
Chaparral Elementary School
Coronado Elementary School
Cortina Elementary School
Gateway Pointe Elementary School
Higley Traditional Academy
Power Ranch Elementary School
San Tan Elementary School

Middle School in Higley Unified School District:
Cooley Middle School
Sossaman Middle School

High School in Higley Unified School District:
Higley High School
Williams Field High School

Elementary School in Chandler Unified School District:
Auxier Elementary School
Carlson Elementary School
CTA – Freedom
Haley Elementary School
Charlotte Patterson Elementary School
Riggs Elementary School
Weinberg Elementary

Junior High School in Chandler Unified School District:
Payne Junior High School
Santan Junior High School

High School in Chandler Unified School District:
Basha High School
Casteel High School
Perry High School

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Summary

Article Name

Gilbert AZ Housing Market Trends Report July 2018

Description

Gilbert AZ Housing Market Trends Report July 2018, Statistics and House Value. July 2018 average sold price for single family home in Gilbert AZ was $372,395 that’s about 2.5% appreciation from a year ago.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

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