Gilbert and Chandler,
Arizona are growing communities in the East Valley and feature family
living, golf communities, lake subdivisions, gated communities as well as
Gilbert and Chandler have been hit very hard during the housing market
meltdown of the past several years but lower interest rates and pent up
demand have fueled a significant recovery in Gilbert, Chandler and the
surrounding East Valley cities of Mesa, San Tan Valley, Queen Creek, Tempe
Associate Broker at HomeSmart
Realty in Gilbert put it this way. “We have seen several years of
falling prices, foreclosures, limited inventory and
Gilbert & Chandler short sales. Add to that, declining new home
construction starts and it’s easy to see why potential home buyers were
forced to sit on the sidelines and wait”.
But in recent months we
have seen a turn around as builders are building, more homes on the market
as prices rise and continued low interest rates. These factors have fueled
a resurgence of the real estate market in the East Valley and especially
Gilbert and Chandler.
Gilbert Arizona is a town in
Maricopa County, just southeast of Phoenix, within the Phoenix metropolitan
It was recognized in 2010 as among the nation’s “top places to
live and learn” by GreatSchools.org. Washington-based and C.Q. Press rated
the town the “safest municipality in Arizona, and 24th safest in the
nation,” in their annual report released November 2009 using FBI statistics.
Gilbert has added 98,756 people over the past 10 years, the
second-largest numerical increase in the state (second to only Phoenix) and
nearly a third of Gilbert's population (32.11 percent) is younger than 18.
Gilbert population in 2012 is 208,453.
The median sales price for
homes in Gilbert AZ for Aug 12 to Oct 12 was $220,000. This represents an
increase of 10%, or $20,000, compared to the prior quarter and an increase
of 27.2% compared to the prior year.
Popular neighborhoods in
Gilbert include Agritopia, San Tan Ranch, Power Ranch, Lyons Gate, Cooley
Station North, Seville, Layton Lakes, Val Vista Lakes, The Islands, Spectrum
Estates and Trilogy.
Chandler is a prominent suburb of the
East Valley of Phoenix, Arizona. It is bordered to the north and west by
Tempe, to the north by Mesa, to the west by Phoenix, to the south by the
Gila River Indian Community, and to the east by Gilbert.
As of 2012,
Chandler's population is 236,123. Since 2000, it has had a population growth
of 28.73 percent. The median sales price for homes in Chandler AZ for Aug
12 to Oct 12 was $205,000 based on 1,516 home sales. Compared to the same
period one year ago, the median home sales price increased 20.6%, or
Popular neighborhoods in Chandler include Sun Groves,
Cooper Commons, Fulton Ranch, Ocotillo, Sun Lakes, Circle G Ranches and
The area growth and Real Estate prices are
expected to continue for the foreseeable future and potential home owners
are making the decision to buy now while Gilbert and Chandler homes are
still affordable. Search for Gilbert and Chandler
Homes for sale.
Ralph & Tricia Bredahl
2680 S Val Vista
Gilbert AZ 85295
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