Monday, October 22, 2012

Market Insider 85297 October 2012

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Price Trends - Sold vs. Listed
The median list price in October for single family homes in Gilbert is $300,000. The list prices increased by 5.26% from the previous month.
The price per square foot for listings in this area is $119.
The median sale price in August for single family homes is $229,302. The sale prices increased by 4.22% from the previous month.

Market Inventory Trends
The number of active listings in Gilbert increased by 4.6% from the previous month.
The median number of days active properties have been listed is 23. This is significantly shorter than the national average.
The number of sales in August dropped by 75.2% from the previous month.

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