Market Report Gilbert, AZ 85233, 85234, 85295, 85296, 85297

Market Report Gilbert, AZ 85233, 85234, 85295, 85296, 85297

I am often asked what parts of the Phoenix Metro area are selling well? What areas are seeing price increases or at least holding their values and where will buyers get the best deal: Lender Owned (REO), Short Sales (SS) or Traditional (Norm)? Below is an example of a chart that I supply to buyers and sellers when they are interested in a specific area of the valley. It can be narrowed or expanded to meet the needs of the client. Here’s a quick look, (30 days), at a small but growing part of the valley, Gilbert, AZ.

Homes for sale in Gilbert Arizona

What becomes evident pretty quickly is that based on Days On Market (DOM) lender owned properties,(REO), are moving pretty quickly with an average DOM of 32 days.

You are probably going to have your patience tested in a Short Sale (SS) with the average DOM at 141.

It also pretty evident that properties are being priced appropriately as you can see by comparing List per sq. ft (asking price) and Sold per sq. ft (actual price).

Homes for sale in Gilbert Arizona

As you can see sales of single family homes in Gilbert, AZ  85233, 85234, 85295, 85296, 85297, are up year over year for almost 4 years! Is it a good time to buy a home in Gilbert, AZ? It certainly looks like it.

Whether you are a buyer or seller email Nancy@NancyLaswick.com or call 602-793-1627 for your Specific Market Report there is no charge or obligation.