Saturday, May 31, 2014

Gilbert Arizona House Prices, Sales, and Price Per Square Foot Rose Again May 2014


Gilbert, AZ Home Real Estate Market Summary
Average price per square foot for Gilbert AZ was $126, an increase of 6.8% compared to the same period last year. The median sales price for homes in Gilbert AZ for Feb 14 to May 14 was $242,950 based on 1,018 home sales. Compared to the same period one year ago, the median home sales price decreased 2.8%, or $6,950, and the number of home sales decreased 28.4%. There are currently 2,329 resale and new homes in Gilbert, including 25 open houses, as well as 815 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Gilbert AZ was $337,207 for the week ending May 21, which represents a decrease of 0.6%, or $1,903, compared to the prior week. Popular neighborhoods in Gilbert include San Tan Ranch and Vincenz, with average listing prices of $289,789 and $235,920.

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Laura Ters
Realtor
Laura Ters Real Estate
Your Complete Arizona Real Estate Destination

Direct:  480-442-7553
   
Home Smart Realty
2680 S. Val Vista Blvd.  # 101
Gilbert, AZ 85295

1 comment:

  1. Hi friend. In search of Luxury Real Estate in Arizona for condos, I redirected to your post. I am wondering about what is the meaning of a typified condo? Is it an inspected property?

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