July saw declines across the board in Sold, Active and New listing prices here in Gilbert, Arizona. The busy Summer housing market appears to be coming to an early end this year. Back in June 2015 we still were seeing modest increases in Active and New listing prices but the average Sold price had flat lined. However, everything took a step back in July. The average home in Gilbert was Active for sale at $320,000 which is a $5,000 decrease from June. The average Sold home in July closed at $260,000 which is a $10,000 decrease from the previous month, and the median price of newly listed homes was $279,000 which is $11,000 below June's numbers...read more.

Zion Realty Blog