Gilbert Market Report

$691,772

AVERAGE PRICE OF 803 HOMES

$695,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,577,368

AVERAGE PRICE OF 78 MULTI-MILLION DOLLAR HOMES

$739,121

AVERAGE PRICE OF 119 NEWLY BUILT HOMES

$856,767

AVERAGE PRICE OF 311 HOMES WITH A POOL

$715,694

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $691,772
Avg Bedrooms 3.69 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $272,500
2 bedrooms $441,076
3 bedrooms $548,111
4 bedrooms $732,034
5 bedrooms $973,476
Gilbert Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 881 812 873 1,087 1,187
Average Price $674,771 $665,924 $671,018 $675,853 $681,825
Avg Price Change +1.33% -0.76% -0.72% -0.88% -3.17%
Median Price $572,300 $572,776 $574,963 $580,061 $587,869
Med Price Change -0.08% -0.38% -0.89% -1.35% -1.68%
Avg Bedrooms 3.67 beds 3.69 beds 3.69 beds 3.69 beds 3.67 beds
Avg Bathrooms 2.7 baths 2.68 baths 2.66 baths 2.65 baths 2.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 94 $660,754 67 days
Highland High School 115 $742,461 60 days
Mesquite High School 86 $592,125 65 days
Perry High School 76 $745,119 119 days
Williams Field High School 121 $614,104 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 803 $691,772 79 days
Distressed Homes 3 $695,000 63 days
Multi-Million Dollar Homes 78 $1,577,368 81 days
Newly Built Homes 119 $739,121 126 days
Homes with a Pool 311 $856,767 66 days
Reduced Price Homes 38 $715,694 60 days
Omni
20 N Gilbert Rd, Ste B
Gilbert, AZ 85234

© 2023 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. March 21, 2023
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