gilbert housing report for july 2012
DESCRIPTION
Gilbert housing report for July 2012TRANSCRIPT
July 2012Gilbert
Presented by
Chad Hagenson
Solutions Real EstateEmail: [email protected]
New Listings 475
-12.2% -8.7%from Jun 2012:
541from Jul 2011:
520
YTD 2012 2011 +/-3,281 3,992 -17.8%
5-year Jul average: 605
New Contracts 560
3.3% 30.8%from Jun 2012:
542from Jul 2011:
428
YTD 2012 2011 +/-3,914 3,562 9.9%
5-year Jul average: 436
Closed Sales 439
-9.3% -3.5%from Jun 2012:
484from Jul 2011:
455
YTD 2012 2011 +/-2,944 3,333 -11.7%
5-year Jul average: 422
MedianSold Price
$207,500
-1.2% 29.8%from Jun 2012:
$210,000from Jul 2011:
$159,900
YTD 2012 2011 +/-$189,950 $160,000 18.7%
5-year Jul average: $197,800
New Contracts Median Sold Price ($1,000s)
J A S O N D J F M A M J J A S O N D J F M A M J J
2010 2011 2012
300
350
400
450
500
550
600
650
$150
$160
$170
$180
$190
$200
$210
$220
Active Listings 397
Min397
Max2,289
5-year Jul average
397
1,548
Jun 2012 Jul 2011419 1,193
Avg DOM 66
Min66
Max118
5-year Jul average
66
99
Jun 2012 Jul 2011 YTD71 104 76
Avg Sold toOLP Ratio
99.6%
Min92.1%
Max99.6%
5-year Jul average
99.6%
94.6%
Jun 2012 Jul 2011 YTD 98.8% 95.3% 98.0%
Copyright © 2012 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: ARMLS. Statistics calculated August 02, 2012.