Gilbert Real Estate- Market Conditions Feb 2009

by admin on March 6, 2009

Currently there are 2123 Gilbert homes for sale.  Inventory is down, slightly- compared to Jan 2009.  The number of pending sales and sold homes increased. The current absorption rate of homes for sale in Gilbert is about 8.1 months.

For the month of Feb 2009 there were:

  • New Listings: 591
  • Pending Sales: 366
  • Sold Homes: 262

Listing Status Gilbert AZ Real Estate Feb 2009

listing_statusFeb2009

The average sales price of Gilbert homes for sale decreased in the month of Feb 2009 . The average sales price in Jan 2009 was $231,093 and the average sales price for Feb 2009 was $215,736.

gilbert_home_salesFeb2009

Gilbert AZ Real Estate- Gilbert Foreclosures

Currently there are 346 homes for sale in Gilbert that are foreclosures or bank owned.

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