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.
Our Median Sales Price for Gilbert Arizona Homes in August was $535,000, up 33.8% from $399,900 in August of 2020 and up 4.9% from $510,000 last month. The average sales price in August was $601,429, up 36.1% from $441,790 in August of 2020 and up 3.6% from $580,320 last month. August 2021 ASP was at highest level compared to August of 2020 and 2019. (See more Market Report below photos)
We can currently see (275) homes available in Gilbert today.
Gilbert Arizona Homes ~ Newest Listings
Gilbert Arizona Homes ~ Monthly Market Report
August property sales were 390, down from 535 in August of 2020 and -8.9% lower than the 428 sales last month. August 2021 sales were at their lowest level compared to August of 2020 and 2019. August YTD sales of 3,170 are running -10.8% behind last year’s year-to-date sales of 3,555.
The total inventory of properties available for sale as of August was 418, up 22.2% from 342 last month and up 43.6% from 291 in August of last year. August 2021 Inventory was at a mid range compared to August of 2020 and 2019.
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 August was 14, up from 11 days last month and down from 19 days in August of last year. The August 2021 DOM was at its lowest level compared with August of 2020 and 2019.
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 August 2021 selling price per square foot of $257 was up 1.6% from $253 last month and up 34.6% from $191 in August of last year.
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 🙂