If you need assistance, please call 602-730-5113

Gilbert Market Report

$520,174

AVERAGE PRICE OF 513 HOMES

$408,855

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,474,001

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$669,612

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$601,065

AVERAGE PRICE OF 221 HOMES WITH A POOL

$544,096

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $520,174
Avg Bedrooms 3.91 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $683,000
2 bedrooms $320,129
3 bedrooms $382,325
4 bedrooms $514,063
5 bedrooms $644,838
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
Gilbert High School 57 $486,340 40 days
Highland High School 66 $624,218 70 days
Higley High School 58 $505,265 51 days
Mesquite High School 54 $416,366 33 days
Williams Field High School 67 $462,043 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 513 $520,174 57 days
Distressed Homes 9 $408,855 37 days
Multi-Million Dollar Homes 27 $1,474,001 126 days
Newly Built Homes 60 $669,612 114 days
Homes with a Pool 221 $601,065 55 days
Reduced Price Homes 26 $544,096 58 days
Re/Max Fine Properties
Brad Jensen
21020 N Pima Road
Scottsdale, AZ 85255
602-730-5113

© 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 Brad Jensen - ReMax Fine Properties 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 18, 2020