August 2016 ~ Gilbert Arizona Real Estate

Gilbert AZ July 2016 Housing Market Trends Report, Real Estate and House Value by Swee Ng

July 2016 Gilbert AZ Real Estate Housing Market Update Highlight:

Active Listing (Inventory) had Increased 20.6% from June 2016
July 2016 Average Sold Price for Single Family Home in Gilbert AZ was $316,433 that’s 0.8% Decreased from June 2016
Gilbert AZ Median Sold Price in July 2016 was $282,000 and had Decreased 0.7% from June
98% of Single Family Homes sold in July 2016 are Traditional Sale
Gilbert AZ Most Expensive House Sold in July 2016 was sold at $1,400,000. click here to view

Gilbert AZ July 2016 Housing Market Trends Report, Real Estate and House Value

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Here are Gilbert AZ Real Estate – Single Family Detached Home statistics for July 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 July 2016
We saw 515 Single Family Homes sold in July 2016 in Gilbert AZ compare to 602 in June. This number of home sold is same as last July. It took average about 61 days to get your Gilbert AZ Homes sold in July 2016.

July 2016 Gilbert AZ Average Sold Price Analysis
Average Sold Price for Gilbert AZ Single Family Detached Homes in July 2016 was $316,433. This Average Sold Price had decreased 0.8% from June. Compare to a year go, the Average Sold Price in
July 2015 was $294,820. That is about 7.3% increased from a year ago.

The average sold price per sq/ft in Gilbert AZ in July 2016 was $139 per square feet. This compare to $140 per square feet in June and $132 a year ago.

July 2016 Housing Market Report by Gilbert AZ zipcode

Gilbert AZ Zipcode	Median Sold Price	Average Sold Price
Gilbert AZ 85233	$276,750	$281,349
Gilbert AZ 85234	$300,000	$315,297
Gilbert AZ 85295	$270,000	$298,449
Gilbert AZ 85296	$255,000	$277,583
Gilbert AZ 85297	$279,900	$330,942
Gilbert AZ 85298	$358,950	$397,358

Gilbert AZ July 2016 Median Sold Price Analysis
Median Sold Price for July 2016 in Gilbert AZ is $282,000, compare to $274,000 in June. That’s about 0.7% decreased from a month ago. The Median Sold Price in July 2015 was $263,050. Compare to a year ago, that’s about 7.2% increased.

July 2016 Median Sold Price in Gilbert AZ was $282,000.
Click here to view Real Estate Listings and Homes for Sale Under $250,000 in Gilbert
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 today’s market.

What my Gilbert AZ Homes is worth?
Enter your home address and view your Gilbert AZ Home Price for free.

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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Thursday, August 11, 2016

Gilbert AZ July 2016 Housing Market Trends Report

Gilbert AZ July 2016 Housing Market Trends Report, Real Estate and House Value by Swee Ng

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