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Leave a comment »Gilbert Real Estate- Market Statistics August 2008These Gilbert Real Estate Market Statistics Currently there are 2198 Gilbert homes for sale. Inventory is down- compared to July 2008 where there were 2306 active listings at the time the post was written. The number of sold homes increased slightly and pending sales decreased. The current absorption rate of homes for sale in Gilbert is about 5.9 months. For the month of July there were:
Listing Status Gilbert AZ Real Esate July 2008
The average sales price of Gilbert homes for sale decrease in the month of July. The average sales price decreased 3% from July 2008.
Gilbert AZ Real Estate- ForeclosuresCurrently there are 204 homes for sale in Gilbert that are bank owned. In Aug 2008 there were 110 homes that sold that were foreclosures-30% of all homes sold in Gilbert.
For more information on the Gilbert Real Estate Market Conditions visit ASU Realty Studies
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