Gilbert Market Report

$492,783

AVERAGE PRICE OF 954 HOMES

$384,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,475,490

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$706,548

AVERAGE PRICE OF 96 NEWLY BUILT HOMES

$590,153

AVERAGE PRICE OF 348 HOMES WITH A POOL

$598,708

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $492,783
Avg Bedrooms 3.8 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $550,000
2 bedrooms $316,252
3 bedrooms $369,495
4 bedrooms $510,294
5 bedrooms $664,580
Gilbert Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 931 1,032 991 967 880
Average Price $493,818 $478,813 $467,411 $458,738 $481,317
Avg Price Change +3.13% +2.44% +1.89% -4.92% -1.74%
Median Price $415,946 $407,498 $396,754 $395,452 $405,041
Med Price Change +2.07% +2.71% +0.33% -2.42% -2.24%
Avg Bedrooms 3.83 beds 3.82 beds 3.79 beds 3.73 beds 3.75 beds
Avg Bathrooms 2.78 baths 2.76 baths 2.75 baths 2.69 baths 2.74 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Campo Verde High School 118 $490,167 67 days
Gilbert High School 117 $440,171 38 days
Highland High School 93 $512,933 47 days
Higley High School 137 $523,289 35 days
Williams Field High School 137 $466,969 35 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 954 $492,783 41 days
Distressed Homes 4 $384,725 56 days
Multi-Million Dollar Homes 35 $1,475,490 101 days
Newly Built Homes 96 $706,548 95 days
Homes with a Pool 348 $590,153 41 days
Reduced Price Homes 21 $598,708 55 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. August 8, 2020
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