Gilbert AZ Housing Market Update September 2015
Gilbert AZ September 2015 Real Estate Housing Market Update Highlight:
- Active Listing (Inventory) had Decreased 0.5% from August 2015
- Gilbert AZ September 2015 Average Sold Price is $301,189 and had Increased 2.1%from August 2015
- September 2015 Median Sold Price in Gilbert AZ is $270,000 and had Increased 2.3% from August 2015
- 97% of Single Family Homes sold in September 2015 are Traditional Sale
- Most Expensive House Sold in Gilbert AZ on September 2015, sold at $1,200,000. click here to view
Here are Gilbert AZ Real Estate – Single Family Detached Home statistics for September 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 September 2015 Closed Sales Report Analysis
We saw a 6.5% decrease in the number of closed sales in September 2015 compared to the prior month. The statistics show that we had 429 residential Single Family Detached Homes sold in September 2015 in Gilbert AZ compared to 459 in June 2015. This compares to 394 closed sales in September of 2014.
Gilbert AZ September 2015 Average Sold Price Analysis
September 2015 Average Sold Price for Single Family Detached Homes in Gilbert AZ is $301,189. This Average Sold Price had increased 2.1% from August 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 September 2014 average sold price was $282.287. 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.
Gilbert AZ New Listing Homes for Sale
Homes for Sale by Gilbert AZ zipcode:
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Gilbert AZ Homes for Sale by Price Range:
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Gilbert AZ Homes for Sale $100,000 – $200,000
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Gilbert AZ Luxury Homes for Sale Over $1,000,000
Gilbert AZ Real Estate: Specialty Homes For Sale in Gilbert AZ:
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Gilbert AZ Real Estate Deals:
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Selling your home in Gilbert AZ
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