Monthly Market Gilbert Update What's the 411?!
Another month down in the book of 2021! Another month past means it’s time for another 411.
What is going on in the city of Gilbert? Let’s jump into it!
Currently, there are 102 homes for SALE.
Which is actually up 18% from last month.
In the last 30 days, 310 homes were sold but that number is down a whopping 13% from this time last year. And of course, if you’ve been following along with my videos you’ll know that is only the case because there is a lack of supply.
If you missed my previous housing market videos check out my Youtube page to get caught up!
https://www.youtube.com/user/JerryRaviol
Now let’s talk about prices! Here is where things get juicy and I’m sure it’s what you all are really wanting to know especially if you are buying or selling.
Currently, the median home price is…. 444K which also means half of the homes sold for less and half sold for more than that amount.
This median price is 19% HIGHER than last year.
These are not usual times so as buyers, sellers, and as agents, we can’t use “usual” techniques.
To my Sellers: Let me negotiate for the best deal! Don’t take the first high offer, the ball is in your court and you can really take advantage of getting everything you want.
To my buyers: Let me use my experience to work for you. Don’t just throw more money at a house, let me talk to the sellers’ agent often there are other things a seller could want that isn’t money-related.
Do me a favor if you learned something new or liked this video please leave me a like and a comment down below. Let me know what fact stood out the most to you!