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July 13, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Arizona > Gilbert


Market Conditions Summary for Gilbert, Arizona


Reported by
~ Dreamcatcher Broker: Randy Hooker ~
as of 7/12/2009:
GILBERT continues to demonstrate why it is a shining star in the greater Phoenix area! * 443 single family detached homes were purchased in June 2009 vs. 329 last year (March 2008). * The average price paid was $226,660 vs. $284,343... MORE->
About ~ Dreamcatcher Broker: Randy Hooker ~

Reported by

Ron Wilczek
as of 7/12/2009:
SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: JUNE 2009 in Gilbert - 2 YEARS of sales data below will help you understand the market. For more information on how Foreclosures specifically affect these... MORE->
About Ron Wilczek

Reported by

Patricia Hill, E-Pro (480)632-5959
as of 7/12/2009:
More homes are selling and those homes that are priced below market have multiple offers. Summer Home Market is in full swing! Here is the latest home sales statistics for Gilbert: There are 1689 active listings for homes in Gilbert... MORE->
About Patricia Hill, E-Pro (480)632-5959

Reported by

Bill Drummey, CRS, GRI, ABR, ASP, e-Pro
as of 7/11/2009:
Sales in Gilbert were up 33% vs 2008 for May as the market appears to be turning the corner (at least bottoming out)! If you are "thinking" about buying a home now may be the perfect time with rates still at historical lows, prices are down and... MORE->
About Bill Drummey, CRS, GRI, ABR, ASP, e-Pro

Reported by

Kent Gagon
as of 7/11/2009:
Looking at bank owned homes in Arizona? Think you are getting a great deal? What you are not looking at may suprise you! Right now the nice bank owned homes are selling so fast, and for over asking price in most cases. Why? Becasue everyone thinks... MORE->
About Kent Gagon
Watch one of my Television commercials.

Reported by

John Fagundes
as of 7/10/2009:
WELOME TO GILBERT!!!! Gilbert is currently experiencing a buyers market with prices trending downword. It is the right time to buy as prices are lower than they have been in a long time. The average price of a single family residence is approx $... MORE->
About John Fagundes

Reported by

Bruce The Moose Fraser
as of 7/10/2009:
With the price's down to the 2001 level, people are out making offers on foreclosure's and newly listed homes before the supplies start to decline and price's start to inch up. 1. Interest rates are low and banks want to lend money to qualified... MORE->
About Bruce The Moose Fraser

Reported by

Kristen VanArsdale
as of 7/9/2009:
Avg Sales price of a Single Family Home 2009 Avg sale price from 1/09 - 4/09 is $224,782 That is a -22% change from the 2008 figure of $289,737 Now is a great time to buy in Gilbert. The prices of homes has fallen and you can get a very... MORE->
About Kristen VanArsdale

Reported by

Gina McKinley, ABR, CRS
as of 7/7/2009:
Gilbert has seen a slow down in the housing market and sales prices decline over the last several months. There has been stiff competition from builders which is hurting the resale market as well as many foreclosures. Several builders have recently... MORE->
About Gina McKinley, ABR, CRS

Reported by

Jim & Vivien Biggs - 866.250.9595
as of 6/19/2009:
Call us locally at: 602.615.9137! Ask for a FREE CUSTOM MLS search website! Higher than normal resale inventory in the market is providing a buying opportunity! Most months of 2008 have shown an increase in sales! Its a BUYERS market! Great... MORE->
About Jim & Vivien Biggs - 866.250.9595

Reported by

Bill & Cindy Flowers Team
as of 6/16/2009:
Happy Summer to everyone! What an incredible opportunity we have in our marketplace for buyers but rates are ticking up from their 50 year lows! We do still have incredible prices on everything from bank-owned homes to builder specs and regular... MORE->
About Bill & Cindy Flowers Team

Reported by
David Elet
as of 6/5/2009:
FREE full foreclosure search, including NON MLS foreclosures, use the foreclosure tab on my website to check for non-MLS foreclosures. Homes are selling for an average of $97sqft, however I can help you find homes that are listed at less than... MORE->
About David Elet

Reported by
VIP Team Realty, LLC
as of 6/5/2009:
WELCOME TO GILBERT! We are currently experiencing a strong buyers market with prices trending downwards. The average price of a single family residence is approximately $180,000. NOW is the time to buy... This is the BEST buyers market in 30... MORE->
About VIP Team Realty, LLC

Reported by

Susan Kessler
as of 5/1/2009:
The average price of a home in Gilbert has stabilized at $102 per square foot; 43% below the peak of $180 reached in March 2006. Prices have been dropping steadily since then. However, buyers are buying again due to the low prices combined with low... MORE->
About Susan Kessler

Reported by

The Rodgers Team - 480.540.0194
as of 3/3/2009:
Our market is just returning to a Healthy Market and that will be a WIN- WIN for everyone. If a move is in your future it is important that you choose Real Estate Professionals that can keep you abreast of the market... MORE->
About The Rodgers Team - 480.540.0194

Reported by

Chris Varoga
as of 1/14/2009:
With over 11 months worth of inventory, YOU couldn't ask for a better time to BUY A HOME! Call me today for your free list of BEST DEALS 480-899-2884 or just click MY PICTURE*****The Current Market Conditions Report For Arizona Is Now Available On... MORE->


Average Current Market Rating: 1.9    (16 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.1    (16 ratings)




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Falling

Rising

Navigate: Top > Arizona > Gilbert


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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