Monday, September 15, 2014

Gilbert August 2014 Market Update

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Gilbert Real Estate & Homes for Sale August 2014 Housing Market Update and Statistics

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Median Sold Price (Single Family Homes) in Gilbert (by zipcode) 
August 2013 - August 2014

Gilbert August 2014 Real Estate Market Highlight:
  • Active Listing (Inventory) has Increased 43.6% from August 2013
  • Number of Homes sold has Decreased 14.0% from July 2014
  • Median Sold Price has Decreased 0.5% from July 2014
  • Days on Market (DOM) has Increased 11.0% from July 2014
  • 80% of Single Family Homes sold are Traditional Sale
  • Most Expensive House Sold in Gilbert August 2014, sold at $1,350,000 in Circle G Estados at Seville click here to view
  • Observation: Leading towards Buyer’s Market 
    • Buyer has more negotiation power to buy 
    • Seller has to price competitively to sell
Gilbert AZ August 2014 Housing Market Update

August 2014 Market Statistics
* Active Listing
# Sold
** Price/SQFT
Gilbert
1427
398
$128
85233
179
63
$128
85234
250
70
$128
85295
223
68
$124
85296
225
72
$125
85297
218
68
$126
85298
333
57
$136

* Active Listing as 9/2/14
** Price/SQFT as 9/15/14
source armls. Information is deemed to be reliable, but is not guaranteed

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View All Homes for Sale in 85298
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Keller Williams Realty

15905 S 46th St #160
Phoenix , AZ , 85048
480-721-6253

Swee Ng, Realtor with Keller Williams Realty who live, work and play in Gilbert AZ, specialize in Residential Resale, First Time Home Buyer and Investment Homes.
Call 480.721.6253 today for complimentary consultation. Buyer's Representation Services (NO COST TO HOMEBUYERS)

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