Enjoy this Gilbert Real Estate Market Report for this month. You can also do a home search and save your favorite properties. Set up a search and be alerted as soon as a matching property hits our database. It’s Exclusive.
Gilbert Real Estate Market Predictions 2018
We entered the month of May with a total of 668 homes listed without an offer pending. This number shows a decrease of 20.3 percent from the 838 homes listed without an offer this time last year. There are currently 408 pending listings on the market. This number is down 25.3 percent from the 546 recorded in April 2017. Homes sales may be down in Gilbert, but that doesn’t stop sellers from adding new life to the market inventory with fresh listings. These new listings spark interest with home buyers and improve sales.
At the end of April, there were a total of 471 homes sold in the Gilbert area. This number shows a 3.1 percent decrease from the 486 homes sold in April of 2017. The majority of homes sold in April were in the $250,000 to $400,000 price range. The median sale price for homes in this area was $320,000. This amount shows an increase of 11.50 percent over the median sale price of $287,000 this time last year.
This increase in new listings is good news for home buyers in Gilbert. However, having new homes hit the market does you no good unless you can learn about them before other potential home buyers. It’s a good idea to sign up for real estate listing updates via e-mail and create specific searches that center around the criteria that is important to you. Read More Here!
Market Reports from 2018
Gilbert Homes by Price
|Under 200K||Under 300K|
|Under 400K||Under 500K|
|Under 600K||Under 700K|
|Under 800K||Under 900K|
|Under 1 Million||Over 1 Million|
Gilbert Homes for Sale
Here’s the most recent home listings just added to the database in the average price range for GIlbert. All homes here are priced at $320,000 or less.