March 26-2020
Active Listings in Gilbert... (Spike Up)
Listings Under Contract in Gilbert... (Recent Fall)
Cromford Market Index for Gilbert... (Still Very Strong...)
Cromford Market Index Meaning... Balanced Market is 100. Above 100 is a Sellers Market. Below 100 is a Buyers Market...
Cromford Market Index™ Definition... is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market.
(Information Provided by The Cromford Report)
