The Truth About Days on Market: What Gilbert Sellers Need to Know
⏳ The Truth About Days on Market: What Gilbert Sellers Need to Know 🏡
If you’ve been following the Gilbert housing market lately, you’ve probably noticed that homes aren’t flying off the shelves like they did a few years ago. While the market is still healthy, sellers are facing longer timelines—and understanding why can help you set realistic expectations and craft the right strategy.
📊 What Does “Days on Market” Really Mean?
Days on Market (DOM) tracks how long a property sits active before going under contract. In Gilbert, the current median DOM is hovering between 30–45 days, compared to the lightning-fast 7–14 days we saw during the peak years.
This isn’t a sign of a weak market—it’s a sign of normalization. Buyers have more options, interest rates remain a factor, and mid-year often sees slower activity as families focus on vacations and back-to-school prep.
✅ Why Homes Are Taking Longer Right Now
- More Inventory: New construction and resale listings are both strong, giving buyers choices.
- Selective Buyers: Today’s buyers are value-driven and often take extra time to compare homes.
- Seasonal Timing: Summer tends to be slower in Arizona due to heat and travel schedules.
💡 How Sellers Can Stay Competitive
- Price with Precision: Homes priced 2–3% above market value tend to linger.
- Refresh the Listing: Small updates (new photos, staging tweaks) can boost visibility.
- Offer Incentives: A home warranty, closing cost credit, or small rate buydown can help sway buyers.
📈 Bottom Line
A longer DOM doesn’t mean your home won’t sell—it means strategy matters more than ever. With the right positioning and timing, homes in Gilbert are still selling for strong prices.
Thinking of selling soon? Let’s review your home’s market position and discuss how to make it stand out in today’s conditions.
📩 Message me today for a custom market update.
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