Gilbert, AZ
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

183

SINGLE FAMILY HOMES

Condos

2

CONDOS

Townhouses

7

TOWNHOUSES

MEANWHILE...

155

HOMES LISTED

1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$330k
$5k
$280k$315k$351kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
5Homes
1-3
MONTHS
120Homes
OVER
3 MONTHS
68Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

67
DAYS
3%
5559626669NovOctSepAugJulJun

And finally...What's the hottest street in

Gilbert

e bridgeport pkwy

NEARBY REAL ESTATE TRENDS

For November 2016, Gilbert, AZ has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Gilbert, AZ was 973 and 193 homes were sold.