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Gilbert Market Report

$493,576

AVERAGE PRICE OF 934 HOMES

$384,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,475,490

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$704,449

AVERAGE PRICE OF 95 NEWLY BUILT HOMES

$590,789

AVERAGE PRICE OF 345 HOMES WITH A POOL

$672,595

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $493,576
Avg Bedrooms 3.81 beds
Avg Bathrooms 2.77 baths

Average Price by Bedrooms

1 bedroom $550,000
2 bedrooms $318,130
3 bedrooms $368,312
4 bedrooms $510,543
5 bedrooms $659,601
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 113 $499,931 69 days
Gilbert High School 114 $443,290 39 days
Higley High School 137 $521,319 34 days
Mesquite High School 92 $409,248 31 days
Williams Field High School 137 $468,701 36 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 934 $493,576 42 days
Distressed Homes 4 $384,725 55 days
Multi-Million Dollar Homes 35 $1,475,490 100 days
Newly Built Homes 95 $704,449 95 days
Homes with a Pool 345 $590,789 42 days
Reduced Price Homes 23 $672,595 55 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. August 7, 2020
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