2016 Gilbert AZ Housing Market Trends Report and House Value
Understanding the general direction of the current market conditions for home prices in Gilbert AZ is of vital importance to both buyers and sellers to help you make a more informed decision when buying or selling a home in Gilbert AZ.
Number of Homes Sold in Gilbert AZ in 2016
Based on statistic, we saw 5,447 single family homes sold in Gilbert AZ in year 2016 compare to 4,993 in 2015. That’s about 9.1% increased from 2015.
Median Sold Price of Single Family Homes Sold in Gilbert AZ in 2016
The median sold price for single family detached home in Gilbert AZ in 2016 was $280,000 compare to $269,900 in 2015. That’s about 4.1% appreciation from a year ago.
Average Sold Price of Single Family Homes Sold in Gilbert AZ in 2016
2016 average sold price in Gilbert AZ was $313,528 compare to $295,155 in 2015. That’s about 6.2% increased from a 2015.
| January 2016 | May 2016 | September 2016 |
| February 2016 | June 2016 | October 2016 |
| March 2016 | July 2016 | November 2016 |
| April 2016 | August 2016 | December 2016 |
There can be a lot of fluctuation in what a home is listed for and what it ultimately sells for. To make sure you dont overpay for your home, youll want to have an agent that does a thorough market analysis of the home on which you are making an offer. If youre considering selling now or in the near future its important to get a Gilbert AZ home valuation to determine what the value of your home is in todays real estate market.
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Selling your home in Gilbert AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at todays market.
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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 dont 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.
Contact or call me at 480.721.6253 if youre interested in knowing what your Gilbert home is worth in todays real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.
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