Gilbert Real Estate: Monthly Sales Trends 2000 – 2007

by Jay Thompson on January 5, 2008 · 4 comments
Written by: Jay Thompson

in Gilbert Real Estate

Curious about how many homes are sold in Gilbert every month? (Sure you are!) Here are a few different ways to look at the data:

Table showing Gilbert, AZ home sales by month for 2000 through 2007:

Gilbert-Home-Sale-Stats-2000-2007

Here is each year plotted by month. Note that home sales in any given year typically peak in June and are lowest in Dec – Jan. The “shape” of each year’s curve is similar, though the absolute value obviously varies.

Gilbert-Home-Sales-By-Month-Chart

And here is a chart showing monthly home sales in Gilbert from Jan 2000 through Dec 2007. There is an obvious shift that occurred in Jan 2006. Gilbert’s 2007 home sales total of 3,143 was the lowest since 2000 (when the population of Gilbert was significantly less than it is today).

Gilbert-Real-Estate-Monthly-Sales-Chart

Data represents all “dwelling types” (single family homes, condo/town homes, mobile/mfg homes) and signifies homes closed in a calendar month. All data is pulled from the Arizona Regional Multiple Listing Service (ARMLS) and is deemed reliable but is not guaranteed.

It should be noted that many new home sales are not tracked through the MLS. Nor are FSBO homes (For Sale By Owner).

If you are looking for more Phoenix real estate stats, both John Wake and Jonathan Dalton are excellent resources.

[tags]Gilbert real estate stats, Gilbert home sales, Phoenix real estate stats[/tags]


 

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Tempe Agent News : Tempe, AZ Home Sales Trends 2000 - 2007
January 11, 2008 at 7:58 pm

{ 3 comments… read them below or add one }

1 Ginger Wilcox January 6, 2008 at 5:37 am

The numbers definitely have increased since I moved away in 1999. Any idea how many homes have been added in Gilbert in the last ten years?

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2 Jay - The Phoenix Real Estate Guy January 6, 2008 at 8:49 am

If you left Gilbert in 1999, you probably wouldn’t recognize it Ginger! (We moved here in 1999, though my lovely bride Francy was born and raised in Mesa.)

Here’s some stats I drug up on Gilbert:

2000 Population: 109,697
Est 2006 Population: 191,617 (74.6% increase)

Owner occupied housing units in 2000: 30,078
New home construction permits issued 2000 – 2006: 25,813

You’d probably be shocked if you came and saw what’s been built and developed since 1999 — 3 hospitals, a *huge shopping mall*, countless restaurants and many a farm now has a sprawling subdivision on it. Despite all that, there is still a nice home town feel to Gilbert.

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3 Ginger Wilcox January 9, 2008 at 9:53 pm

I lived in the Islands- Warner & McQueen. Born and raised in Mesa- Dobson Mustangs!Thanks for the stats- WOW- a 75% increase in less than 19 years.  I still have some family in AZ, but mostly in Scottsdale.  My parents sold their home and moved to the beach in California about five years ago. Both my mom and I were agents at Re/Max Anasazi in Tempe. Now you know more about me than you wanted!

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