Gilbert Market Report

$470,015

AVERAGE PRICE OF 1,045 HOMES

$400,385

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,420,418

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$634,143

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$578,459

AVERAGE PRICE OF 365 HOMES WITH A POOL

$598,001

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $470,015
Avg Bedrooms 3.8 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $346,000
2 bedrooms $313,102
3 bedrooms $363,689
4 bedrooms $482,295
5 bedrooms $618,560
Gilbert Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 967 880 838 504 549
Average Price $458,738 $481,317 $489,710 $523,690 $519,088
Avg Price Change -4.92% -1.74% -6.94% +0.89% +2.70%
Median Price $395,452 $405,041 $414,119 $428,496 $423,412
Med Price Change -2.42% -2.24% -3.47% +1.20% +2.85%
Avg Bedrooms 3.73 beds 3.75 beds 3.79 beds 3.91 beds 3.91 beds
Avg Bathrooms 2.69 baths 2.74 baths 2.8 baths 2.92 baths 2.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 134 $437,142 46 days
Highland High School 108 $477,441 53 days
Higley High School 144 $483,069 41 days
Mesquite High School 118 $383,901 36 days
Williams Field High School 179 $438,458 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,045 $470,015 48 days
Distressed Homes 7 $400,385 74 days
Multi-Million Dollar Homes 27 $1,420,418 93 days
Newly Built Homes 91 $634,143 91 days
Homes with a Pool 365 $578,459 50 days
Reduced Price Homes 42 $598,001 41 days
© 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 Mike Gullo - Product Team TEST Account 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. May 28, 2020