Do you think now is the time to Sell Your House in Gilbert? You are right! We sold 7% more homes in May then in April with a 4% increase in the average sales price from $227,833 to $237,803 in May according to ARMLS, the Arizona Regional Multiple Listing Service county statistics.
What does this information means to you, the home owner? This means that the market is increasing in value and demand. The demand for homes has gone up and the average time on the market was 66 days in May. We anticipate that number decreasing further throughout the summer as the number of distressed properties diminish. Distressed properties are less then 4% of the total marketplace which is bringing us back to a healthy state. The distressed sales (short sales, REO's, HUD homes, foreclosures, etc) are not as desirable anymore because of the amount of stipulations a buyer would have to go through, it is not worth the amount of hassle to buy a distressed property when you can find something similar for a similar price that is non-distressed or a traditional sale. This does not mean that there is no purpose to doing a short sale for current home owners, it just means they are not as desirable as they once were.
Average home values in Gilbert by Zip Code:
85233: $224,184 +34.1%
85234: $211,550 +23.5%
85295: $242,502 +22.6%
85296: $234,410 +32.1%
85297: $258,729 +22.5%
85298: $302,727 +21.9%
Homes For Sale in Gilbert are receiving better then 98.6% of list price when they sell in under 49 days. The market has recovered between 22% - 34% since this time last year which is remarkable! We still have 30-40% left to go before we return to where we ought to be as a whole. The micro data tells us we are headed the right direction. There are home owners now who were underwater even 6 months ago that are now in an equity position and are able to Sell Their Homes in Gilbert. There are buyers who are trying to buy homes near Intel, ASU Polytec, Chandler Airport and they are waiting for your house to come on the market!
Want to know what your Gilbert Home is worth in today's marketplace? Want to sell your home quickly? Want to have an agent that gets paid when you do, at closing with no upfront fees for listing? Want to have an agent who answers their phone or calls you back promptly? Call Chelsea Elwood, Listing Specialist with Keller Williams Realty East Valley for information on a 90-day listing agreement that you can cancel at any time with no fees to you - (480) 503-9293
What does this information means to you, the home owner? This means that the market is increasing in value and demand. The demand for homes has gone up and the average time on the market was 66 days in May. We anticipate that number decreasing further throughout the summer as the number of distressed properties diminish. Distressed properties are less then 4% of the total marketplace which is bringing us back to a healthy state. The distressed sales (short sales, REO's, HUD homes, foreclosures, etc) are not as desirable anymore because of the amount of stipulations a buyer would have to go through, it is not worth the amount of hassle to buy a distressed property when you can find something similar for a similar price that is non-distressed or a traditional sale. This does not mean that there is no purpose to doing a short sale for current home owners, it just means they are not as desirable as they once were.
Average home values in Gilbert by Zip Code:
85233: $224,184 +34.1%
85234: $211,550 +23.5%
85295: $242,502 +22.6%
85296: $234,410 +32.1%
85297: $258,729 +22.5%
85298: $302,727 +21.9%
Homes For Sale in Gilbert are receiving better then 98.6% of list price when they sell in under 49 days. The market has recovered between 22% - 34% since this time last year which is remarkable! We still have 30-40% left to go before we return to where we ought to be as a whole. The micro data tells us we are headed the right direction. There are home owners now who were underwater even 6 months ago that are now in an equity position and are able to Sell Their Homes in Gilbert. There are buyers who are trying to buy homes near Intel, ASU Polytec, Chandler Airport and they are waiting for your house to come on the market!
Want to know what your Gilbert Home is worth in today's marketplace? Want to sell your home quickly? Want to have an agent that gets paid when you do, at closing with no upfront fees for listing? Want to have an agent who answers their phone or calls you back promptly? Call Chelsea Elwood, Listing Specialist with Keller Williams Realty East Valley for information on a 90-day listing agreement that you can cancel at any time with no fees to you - (480) 503-9293
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