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Gilbert Market Report

$517,646

AVERAGE PRICE OF 506 HOMES

$416,712

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,425,072

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$608,467

AVERAGE PRICE OF 59 NEWLY BUILT HOMES

$596,466

AVERAGE PRICE OF 221 HOMES WITH A POOL

$508,922

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $517,646
Avg Bedrooms 3.88 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $683,000
2 bedrooms $325,217
3 bedrooms $387,310
4 bedrooms $529,985
5 bedrooms $627,769
Gilbert Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 549 694 716 686 683
Average Price $519,088 $505,427 $504,703 $500,922 $500,283
Avg Price Change +2.70% +0.14% +0.75% +0.13% +1.88%
Median Price $423,412 $411,678 $414,372 $409,691 $414,065
Med Price Change +2.85% -0.65% +1.14% -1.07% +1.63%
Avg Bedrooms 3.91 beds 3.94 beds 3.95 beds 3.97 beds 3.99 beds
Avg Bathrooms 2.93 baths 2.91 baths 2.89 baths 2.89 baths 2.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Campo Verde High School 53 $524,265 63 days
Gilbert High School 53 $478,760 44 days
Highland High School 62 $594,701 68 days
Mesquite High School 59 $420,819 34 days
Williams Field High School 60 $478,975 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 506 $517,646 57 days
Distressed Homes 8 $416,712 43 days
Multi-Million Dollar Homes 25 $1,425,072 121 days
Newly Built Homes 59 $608,467 116 days
Homes with a Pool 221 $596,466 53 days
Reduced Price Homes 38 $508,922 48 days
Stunning Homes Realty
10235 S. 51St Street #195
Phoenix, AZ 85044
480-725-4464

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All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. January 25, 2020
© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. January 25, 2020

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