Gilbert AZ February 2016 Housing Market Report ~ Gilbert Arizona Real Estate

2016 February Gilbert AZ Real Estate Housing Market Update Highlight:

Active Listing (Inventory) had Increased 1.8% from January 2016
February 2016 Average Sold Price in Gilbert AZ was $294,987 that's 1.1% Decreased from January 2016
Gilbert AZ Median Sold Price in February 2016 was $264,348 and had Decreased 0.1% from January 2016
97% of Single Family Homes sold in February 2016 are Traditional Sale
Most Expensive House Sold in Gilbert AZ on February 2016, sold at $1,240,000. click here to view

Gilbert AZ 2016 February Housing Market Trends Report

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Here are Gilbert AZ Real Estate - Single Family Detached Home statistics for February 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.

Number of Homes Sold in Gilbert AZ in 2016 February
We saw 334 Single Family Homes sold in February 2016 in Gilbert AZ compare to 281 in January. This compare to 320 Single Family Homes sold in a year ago. It took 80 days to get your Gilbert AZ Homes sold in February 2016.

2016 February Gilbert AZ Average Sold Price Analysis
2016 February Average Sold Price for Single Family Detached Homes in Gilbert AZ was $294,987. This Average Sold Price had decreased 1.1% from January. Compare to a year go, the Average Sold Price in February 2015 was $260,725. That is about 7.9% appreciation from a year ago.

2016 February Average Sold Price in Gilbert AZ was $294,987.
Click here to view Homes Under $280,000 for Sale in Gilbert AZ
Gilbert AZ February 2016 Median Sold Price Analysis
Median Sold Price for February 2016 in Gilbert AZ is $264,348, that is about same as prior month. The statistic is an indicator that Buyer are paying more for a home compare to 1 year ago as February 2015 median sold price was $260,725.

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 today’s market.

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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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Posted in: 2016 , Average Sold Price , Home Price , House Value , Inventory Trends , Median Sold Price , Price Trends

Gilbert Arizona Real Estate

Wednesday, April 6, 2016

Gilbert AZ February 2016 Housing Market Report

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