Gilbert Arizona housing market report

Page 1

Gilbert August 9, 2012

(Single Family Residential) Price Range

Number of Active Listings

Number of Pending Listings

Months of Inventory

Expired Listings Last Six Months

Closed Listings Last Six Months

Pending Ratio

$0$49999

0

0

$50000$74999

4

$75000$99999

List to Sales Ratio

Average Days on Market (Solds)

Average Days on Market (Actives)

N/A

N/A

0

2

$

36,000

$

36,950

$

31,250

84.6%

45

N/A

3

75.0%

1.3

1

8

$

74,125

$

70,888

$

76,725 108.2%

97

26

18

18

100.0%

1.0

1

45

$

96,122

$

93,194

$

97,640 104.8%

96

N/A

$100000$124999

76

75

98.7%

1.0

0

188

$

121,763

$

114,621

$

118,375 103.3%

83

1

$125000$149999

171

162

94.7%

1.1

1

327

$

140,180

$

138,065

$

139,921 101.3%

63

9

$150000$174999

153

139

90.8%

1.1

6

369

$

177,374

$

163,185

$

162,596

99.6%

79

22

$175000$199999

183

151

82.5%

1.2

9

333

$

192,221

$

188,212

$

186,539

99.1%

71

33

$200000$224999

125

90

72.0%

1.4

8

244

$

216,981

$

212,986

$

210,718

98.9%

68

40

$225000$249999

151

99

65.6%

1.5

3

251

$

249,443

$

237,081

$

235,386

99.3%

67

37

$250000$274999

96

61

63.5%

1.6

1

156

$

265,034

$

261,192

$

258,933

99.1%

66

43

$275000$299999

101

61

60.4%

1.7

2

167

$

294,485

$

288,273

$

284,151

98.6%

89

59

$300000$324999

64

39

60.9%

1.6

1

77

$

313,464

$

310,239

$

305,025

98.3%

81

56

$325000$349999

83

49

59.0%

1.7

1

80

$

343,047

$

337,199

$

329,801

97.8%

64

39

$350000$374999

50

27

54.0%

1.9

1

43

$

366,026

$

360,465

$

356,060

98.8%

57

113

$375000$399999

40

28

70.0%

1.4

3

48

$

395,597

$

387,020

$

378,811

97.9%

85

106

$400000$424999

15

10

66.7%

1.5

0

15

$

424,707

$

410,307

$

401,467

97.8%

69

84

$425000$449999

24

13

54.2%

1.8

0

34

$

441,822

$

438,078

$

429,287

98.0%

104

128

$450000$474999

17

10

58.8%

1.7

0

13

$

475,907

$

459,414

$

449,423

97.8%

51

66

$475000$499999

11

1

9.1%

11.0

4

14

$

523,959

$

491,126

$

465,260

94.7%

175

40

$500000$599999

23

9

39.1%

2.6

1

23

$

571,937

$

552,613

$

531,248

96.1%

117

92

$600000$699999

11

6

54.5%

1.8

0

13

$

683,477

$

658,931

$

641,992

97.4%

91

117

$700000$799999

13

5

38.5%

2.6

2

10

$

761,580

$

752,580

$

727,100

96.6%

50

398

$800000$899999

6

1

16.7%

6.0

4

9

$

874,878

$

850,433

$

802,167

94.3%

120

166

$900000$999999

3

0

0.0%

N/A

0

1

$

998,500

$

998,500

$

900,000

90.1%

55

42

$1000000 +

11

0

0.0%

N/A

1

2

$

1,247,450

$

1,247,450

$

1,105,000

88.6%

151

155

Market Totals

1,449

1,057

72.9%

1.4

50

2,472

$

231,191

$

223,937

$

221,718

99.0%

74

66

Based on information from the Arizona Regional Multiple Listing Service for the period of February 09, 2012 through August 09, 2012

Average Original List Price of Sold Homes

Average Final List Price of Sold Homes

Average Sale Price of Sold Homes

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