Friday, September 6, 2019

August 2019 Gilbert AZ Housing Market Update

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August 2019 Gilbert AZ Housing Market Update, Statistics and House Value

Here are August 2019 Gilbert AZ Housing Market Trends Report for single family detached home. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ provided by the FlexMLS system.

August 2019 Gilbert AZ Housing Market Highlight
  • New Listing had decreased about 8.8% from a year ago
  • August 2019 average sold price for single family home in Gilbert AZ was $393,006 that's about 7.5% appreciation from August 2018
  • Median Sold Price in August 2019 was $355,825 and had increased about 6.2% from a year ago
  • Almost all of single family homes sold in August 2019 are Traditional Sale
  • Most Expensive House Sold in Gilbert AZ in August 2019 was sold at $2,350,000
August 2019 Gilbert AZ Housing Market Trends Report by Swee Ng, Real Estate and House Value

You might be interested:
August 2019 Phoenix Housing Market Tends Report
August 2019 Ahwatukee Housing Market Tends Report
August 2019 Chandler Housing Market Tends Report
August 2019 Mesa Housing Market Tends Report
August 2019 Tempe Housing Market Tends Report

Number of Single Family Homes Sold in August 2019
Based on August 2019 statistic, we saw 458 single family homes sold in August 2019 in Gilbert AZ compare to 459 from a year ago. That is about the same number of single family home sold from last year.

The Days on Market (DOM) for August 2019 is 45 days, compare to 39 in August 2018. It took average about 45 days (Days on Market) to get your Gilbert AZ single family home sold in August 2019.


Gilbert AZ August 2019 Median Sold Price Analysis
Median sold price for August 2019 in Gilbert AZ is $355,825. The median sold price in August 2018 was $335,000. Compare to a year ago, that's about 6.2% increased from August 2018.

August 2019 Median Sold Price in Gilbert was $355,825
View Homes for Sale in Gilbert Under $350,000

August 2019 Gilbert AZ Average Sold Price Analysis
Average sold price for Gilbert AZ single family homes in August 2019 was $393,006 compare to $365,725 a year ago. The average sold price had increased about 7.5% from August 2018.

There are two millions dollar listings homes sold in August 2018.

August 2019 Average Sold Price in Gilbert was $393,006
View Homes for Sale in Gilbert Under $385,000

August 2019 Average Price Per Square Feet Gilbert AZ
August 2019 average sold price per square feet for single family homes in Gilbert is $171.00 per square feet.

Average price per square feet in Gilbert is $171
View Homes for Sale in Gilbert Under $150 per square feet

The statistic indicate that buyers are paying slightly more for a home compare to 1 year ago.

August 2019 Housing Market Report by Gilbert AZ zipcode
Gilbert AZ Zipcode Median Sold Price Average Sold Price
Gilbert AZ 85233 $353,000 $360,488
Gilbert AZ 85234 $355,000 $390,666
Gilbert AZ 85295 $327,000 $354,545
Gilbert AZ 85296 $321,000 $355,000
Gilbert AZ 85297 $375,000 $426,032
Gilbert AZ 85298 $436,900 $472,549

Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zipcode to zipcode and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

If you are considering buying a home in Gilbert there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Gilbert AZ with a low down payment.

Selling your home in Gilbert AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What my Gilbert AZ Homes is worth?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

New Listing in Last 24 Hours Gilbert AZ
Contact Swee Ng, Chandler Real Estate Agent, Realtor in Chandler AZ

Upcoming Open House in Gilbert

Homes for Sale by Gilbert AZ zipcode:
Gilbert AZ 85233 Homes for Sale
Gilbert AZ 85234 Homes for Sale
Gilbert AZ 85295 Homes for Sale
Gilbert AZ 85296 Homes for Sale
Gilbert AZ 85297 Homes for Sale
Gilbert AZ 85298 Homes for Sale

Gilbert AZ Homes for Sale by Price Range:
Gilbert Real Estate Listing & Homes for Sale Under $200,000
Gilbert Real Estate Listing & Homes for Sale $200,000 – $300,000
Gilbert Real Estate Listing & Homes for Sale $300,000 – $400,000
Gilbert Real Estate Listing & Homes for Sale $400,000 – $500,000
Gilbert Real Estate Listing & Homes for Sale $500,000 – $600,000
Gilbert Real Estate Listing & Homes for Sale $600,000 – $700,000
Gilbert Real Estate Listing & Homes for Sale $700,000 – $800,000
Gilbert Real Estate Listing & Homes for Sale $800,000 – $900,000
Gilbert Real Estate Listing & Homes for Sale $900,000 – $1,000,000
Gilbert Real Estate Listing & Homes for Sale Over $1,000,000

Search and view your dream home your way
Receive email alert as soon as a Gilbert property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

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