If you need assistance, please call 480-485-3555

Gilbert Market Report

$588,782

AVERAGE PRICE OF 676 HOMES

$486,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,655,232

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$699,398

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$721,263

AVERAGE PRICE OF 280 HOMES WITH A POOL

$670,616

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $588,782
Avg Bedrooms 3.74 beds
Avg Bathrooms 2.74 baths

Average Price by Bedrooms

2 bedrooms $370,948
3 bedrooms $444,744
4 bedrooms $593,582
5 bedrooms $808,648
Gilbert Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 635 609 577 510 613
Average Price $579,420 $547,615 $544,037 $527,055 $531,527
Avg Price Change +5.81% +0.66% +3.22% -0.85% +2.30%
Median Price $473,484 $457,220 $463,039 $444,868 $438,296
Med Price Change +3.56% -1.27% +4.08% +1.50% +1.90%
Avg Bedrooms 3.72 beds 3.73 beds 3.8 beds 3.75 beds 3.78 beds
Avg Bathrooms 2.72 baths 2.73 baths 2.76 baths 2.75 baths 2.8 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 105 $514,082 23 days
Highland High School 78 $736,498 31 days
Higley High School 88 $634,182 44 days
Mesquite High School 75 $509,133 26 days
Williams Field High School 98 $525,551 26 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 676 $588,782 37 days
Distressed Homes 1 $486,000 219 days
Multi-Million Dollar Homes 41 $1,655,232 60 days
Newly Built Homes 48 $699,398 214 days
Homes with a Pool 280 $721,263 29 days
Reduced Price Homes 12 $670,616 14 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

© 2021 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 Ben Arredondo - The Envision Team / 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. May 13, 2021
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