About Gilbert Arizona Homes
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Beautiful Gilbert Arizona Homes are found below Mesa and on the East Side of Chandler, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (286) homes available in Gilbert today. (inventory is falling)
Our Median Sales Price for Gilbert Arizona Homes in February was $372,145, up 15.6% from $322,000 in February of 2019 and up 4.8% from $355,000 last month. The average sales price in February was $424,676, up 20.6% from $352,173 in February of 2019 and up 8.5% from $391,485 last month. February 2020 ASP was at highest level compared to February of 2019 and 2018. (See more Market Report below photos)
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in Gilbert, AZ
Monthly Market Report
February property sales were 384, up from 342 in February of 2019 and 6.4% higher than the 361 sales last month. February 2020 sales were at their highest level compared to February of 2019 and 2018. February YTD sales of 745 are running 21.3% ahead of last year's year-to-date sales of 614.
The total inventory of properties available for sale as of February was 475, up 30.5% from 364 last month and down -35.5% from 736 in February of last year. February 2020 Inventory was at the lowest level compared to February of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for February was 30, equal to 30 days last month and down from 41 days in February of last year. The February 2020 DOM was at its lowest level compared with February of 2019 and 2018.
Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The February 2020 selling price per square foot of $182 was up 2.2% from $178 last month and up 10.3% from $165 in February of last year.