Gilbert AZ August 2016 Housing Market Trends Report

Swee Ng

8 years ago

Gilbert AZ August 2016 Housing Market Trends Report, Real Estate and Home Price

2016 August Gilbert AZ Real Estate Housing Market Update Highlight:

Active Listing (Inventory) had Decreased 5.0% from July 2016
August 2016 Average Sold Price for Single Family Home in Gilbert AZ was $321,058 that’s 1.5% Increased from July
Gilbert AZ Median Sold Price in August 2016 was $290,000 and had Increased 2.8% from July
98% of Single Family Homes sold in August 2016 are Traditional Sale
Gilbert AZ Most Expensive House Sold in August 2016 was sold at $1,250,350. click here to view

Here are Gilbert AZ Real Estate – Single Family Detached Home statistics for August 2016. 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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Number of Homes Sold in Gilbert AZ in August 2016
We saw 499 Single Family Homes sold in August 2016 in Gilbert AZ compare to 515 in July. This compare to 459 last August. It took average about 55 days to get your Gilbert AZ Homes sold in August 2016.

August 2016 Gilbert AZ Average Sold Price Analysis
Average Sold Price for Gilbert AZ Single Family Detached Homes in August 2016 was $321,058. This Average Sold Price had increased 1.5% from July. Compare to a year go, the Average Sold Price in August 2015 was $294,905. That is about 8.9% increased from a year ago.

The average sold price per square feet in Gilbert AZ in August 2016 was $141 per square feet. This compare to $139 per square feet in July and $135 a year ago.

August 2016 Housing Market Report by Gilbert AZ zipcode

Gilbert AZ Zipcode	Median Sold Price	Average Sold Price
Gilbert AZ 85233	$273,625	$287,471
Gilbert AZ 85234	$262,000	$303,900
Gilbert AZ 85295	$280,750	$311,780
Gilbert AZ 85296	$266,250	$289,408
Gilbert AZ 85297	$309,000	$372,819
Gilbert AZ 85298	$355,995	$373,929

Gilbert AZ August 2016 Median Sold Price Analysis
Median Sold Price for August 2016 in Gilbert AZ is $290,000, compare to $282,000 in July. That’s about 2.8% increased from a month ago. The Median Sold Price in August 2015 was $264,000. Compare to a year ago, that’s about 9.8% appreciation in one year.

2016 August Median Sold Price in Gilbert AZ was $290,000. Click here to view Real Estate Listings and Homes for Sale Gilbert AZ Under $250,000 The statistic indicate that Buyers are paying more for a home compare to 1 year ago.

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.

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 todays market.

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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
Settlers 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

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, I want to opportunity to be inteviewed for the job. Contact Us today for complimentary and no obligation consultation.

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