Market update for Gilbert, 85298

The market continues to gain momentum as we enter the fall season.  For South Gilbert's 85298 zip code, the market is slowing down a little bit but not in a bad way - it is leveling out towards a normal market.  List prices are averaging $345,000 and home owners are getting close to 98% of the asking price in 2 months on the market.

These numbers last year were far less attractive to sellers.  Homes were taking 70-80 days to sell at an average price of $312,000.

85298 is characterized by a large subdivisions, Seville and Shamrock Farms for example and then the rest of the zip code features large 1-2 acre horse property lots.  This is one of the more rural areas in the east valley while still maintaining access to great shopping and dining at San Tan Village, just a short drive away.

Check out these great properties for sale in Gilbert's 85298.  Call chelsea Elwood for your private showing at 602-748-6136


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