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Gilbert Market Report

$491,937

AVERAGE PRICE OF 955 HOMES

$373,283

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,369,133

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$639,986

AVERAGE PRICE OF 100 NEWLY BUILT HOMES

$593,680

AVERAGE PRICE OF 359 HOMES WITH A POOL

$554,846

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $491,937
Avg Bedrooms 3.83 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $550,000
2 bedrooms $314,015
3 bedrooms $369,101
4 bedrooms $502,726
5 bedrooms $658,343
Gilbert Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 1,032 991 967 880 838
Average Price $478,813 $467,411 $458,738 $481,317 $489,710
Avg Price Change +2.44% +1.89% -4.92% -1.74% -6.94%
Median Price $407,498 $396,754 $395,452 $405,041 $414,119
Med Price Change +2.71% +0.33% -2.42% -2.24% -3.47%
Avg Bedrooms 3.82 beds 3.79 beds 3.73 beds 3.75 beds 3.79 beds
Avg Bathrooms 2.76 baths 2.75 baths 2.69 baths 2.74 baths 2.8 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Campo Verde High School 105 $505,110 70 days
Gilbert High School 128 $452,106 42 days
Highland High School 99 $530,249 44 days
Higley High School 121 $496,833 43 days
Williams Field High School 149 $458,477 39 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 955 $491,937 45 days
Distressed Homes 6 $373,283 54 days
Multi-Million Dollar Homes 35 $1,369,133 94 days
Newly Built Homes 100 $639,986 84 days
Homes with a Pool 359 $593,680 45 days
Reduced Price Homes 21 $554,846 31 days
The Envision Team @ My Home Group
1222 East Baseline #102
Tempe, AZ 85283
480-485-3555

Justin Oliver, Senior VP/Branch Manager, NMLS #164869 | Ryan Whalen, Senior VP/Branch Manager, NMLS #217739 |NOVA® Home Loans NMLS #3087 | BK 0902429 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | Equal Housing Opportunity

© 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 My Home Group 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. July 4, 2020