Gilbert Real Estate and Homes for Sale » All Real Estate

Gilbert Foreclosures

Gilbert Real Estate Agent — Tue, 04 Aug 2009 21:45:56 +0000

I have added the Gilbert Foreclosures section to the website. With this, you don’t have to pay $99/mo for some super-duper-top-secret list from a random Joe Schmo website. Take a look through this list of bank owned real estate. These are all the foreclosures in Gilbert for sale today.

July Market Analysis for Gilbert

Gilbert Real Estate Agent — Mon, 03 Aug 2009 07:08:39 +0000

Gilbert historically has always done well, so it should with no surprise that Gilbert is one of the cities leading the comeback in today’s market. For the month of July, 454 homes changed hands. The dominant price range was between $150,000 and $200,000 at 137 homes sold. That same price range is also leading the city in inventory at 3.29 months of supply.

Housing supply for Gilbert

While it is reasonable that as the prices go higher, the supply will go up, we do see a big jump going from one side of $400,000 to the other. The most like explanation may be the fact that jumbo rates kick in at $417,000. Another reason this may have occurred is that almost half of the people buying homes today are investors. As such, investors tend to want to buy at a price point that they can cash flow. Finally, most first time home buyers can only qualify up to around $200,000.

Gilbert Housing Inventory

Price Range	Active	Pending	Sold	Inventory
<$100k	25	21	10	4.60
$100k-$150k	156	156	92	3.39
$150k-$200k	252	199	137	3.29
$200k-$250k	212	124	90	3.73
$250k-$300k	161	71	55	4.22
$300k-$400k	177	60	47	5.04
$400k-$500k	86	18	12	8.67
$500k+	165	18	12	15.25
Gilbert	1238	667	454	4.20

To further this point, we can even evaluate the days on market as well as the sold price to list price ratio. At $100k to $150k, we see a sold ratio of 1.02 and at $150k to $200k, we see a ratio of 0.99. There average days on market at these same price points is 91 and 92 days, respectively.

Price Range	LP/SP	Avg DOM	$/sqft
<$100k	1.01	125	76.81
$100k-$150k	1.02	91	89.01
$150k-$200k	0.99	92	95.03
$200k-$250k	0.98	99	100.72
$250k-$300k	0.97	108	95.35
$300k-$400k	0.96	129	102.66
$400k-$500k	0.96	165	119.45
$500k+	0.93	216	148.26

Video Tour Sells

Gilbert Real Estate Agent — Fri, 31 Jul 2009 20:20:00 +0000

The video you see in the upper right corner is of a property that one of my investors purchased. Immediately after closing, I took my HD camera and recorded a video tour. After placing the video on Craigslist, wouldn’t you know it, I got many phone calls interested in the property. Naturally, it took only a week to get the place rented. I can perform the same services for you if you are interested in selling your home. I know how to sell your home by taking advantage of Google. You found my site, didn’t you?

Welcome!

Gilbert Real Estate Agent — Fri, 31 Jul 2009 06:45:09 +0000

Welcome to my new site. Pull up a seat and get comfortable. I plan to give you the most useful information regarding Gilbert Homes for sale. Stay tuned.