November 23, 2024 9:41 pm
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Top 3 hottest housing markets in EV, survey finds

Gilbert takes the top stop as the hottest housing market. / File photo

By Paul Maryniak | East Valley Tribune

Three East Valley municipalities have the top three the hottest housing markets in the country and Gilbert tops them all, according to the home-and-condo-sale website RealtyHop.com.

The data that the website used to declare Gilbert number 1 with Chandler and Mesa occupying second and third place, respectively, is good news for sellers but heaps more bad news on other data that make a gloomy outlook for people looking to buy a home in the East Valley.

RealtyHop analyzed 300,000 home listings to determine the one-month change in sale price from asking price between October and November, noting “in theory, stronger markets should exhibit fewer price drops and smaller percentage discounts, while weaker markets would show the opposite.”

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