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Gilbert Market Report

$471,661

AVERAGE PRICE OF 1,046 HOMES

$400,385

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,408,024

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$627,538

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$577,226

AVERAGE PRICE OF 377 HOMES WITH A POOL

$556,394

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $471,661
Avg Bedrooms 3.8 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $295,666
2 bedrooms $315,231
3 bedrooms $364,992
4 bedrooms $482,340
5 bedrooms $625,944
Gilbert Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 991 967 880 838 504
Average Price $467,411 $458,738 $481,317 $489,710 $523,690
Avg Price Change +1.89% -4.92% -1.74% -6.94% +0.89%
Median Price $396,754 $395,452 $405,041 $414,119 $428,496
Med Price Change +0.33% -2.42% -2.24% -3.47% +1.20%
Avg Bedrooms 3.79 beds 3.73 beds 3.75 beds 3.79 beds 3.91 beds
Avg Bathrooms 2.75 baths 2.69 baths 2.74 baths 2.8 baths 2.92 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 132 $438,371 46 days
Highland High School 117 $484,568 51 days
Higley High School 136 $488,264 39 days
Mesquite High School 113 $379,998 37 days
Williams Field High School 185 $427,510 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,046 $471,661 48 days
Distressed Homes 7 $400,385 79 days
Multi-Million Dollar Homes 27 $1,408,024 87 days
Newly Built Homes 88 $627,538 93 days
Homes with a Pool 377 $577,226 49 days
Reduced Price Homes 37 $556,394 44 days
Elite Results Realty
Rob Hale
1744 S. Val Vista Dr Ste 206
Mesa, AZ 85204
480-845-0048

Fair Housing/Equal Opportunity
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© 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 Elite Results Realty 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. June 2, 2020
© 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 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. June 2, 2020

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