Cari Gililland

 This Week

The median list price in GILBERT, AZ 85296 this week is $159,900. The 274 properties have been on the market for an average of 132 days.

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

Supply and Demand

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed.  However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

We hope you find this short market overview useful.  Click here to view single family homes for sale in Gilbert Arizona. Perspective Real Estate Group is ready to help you find your perfect Gilbert home for sale.

For more information on Gilbert Arizona homes for sale visit us at www.ArizonaPerspective.com