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Gilbert Market Report

$672,315

AVERAGE PRICE OF 925 HOMES

$735,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,594,888

AVERAGE PRICE OF 77 MULTI-MILLION DOLLAR HOMES

$865,795

AVERAGE PRICE OF 117 NEWLY BUILT HOMES

$830,617

AVERAGE PRICE OF 335 HOMES WITH A POOL

$595,567

AVERAGE PRICE OF 75 REDUCED PRICE HOMES

Average Home

Average Price $672,315
Avg Bedrooms 3.69 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $264,633
2 bedrooms $474,606
3 bedrooms $533,194
4 bedrooms $706,588
5 bedrooms $943,964
Gilbert Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,087 1,187 1,234 1,222 1,125
Average Price $675,853 $681,825 $703,437 $718,478 $732,846
Avg Price Change -0.88% -3.17% -2.14% -2.00% n/a
Median Price $580,061 $587,869 $597,735 $599,872 $612,899
Med Price Change -1.35% -1.68% -0.36% -2.17% n/a
Avg Bedrooms 3.69 beds 3.67 beds 3.72 beds 3.73 beds 3.75 beds
Avg Bathrooms 2.65 baths 2.62 baths 2.63 baths 2.65 baths 2.66 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 125 $620,734 72 days
Highland High School 132 $721,891 67 days
Higley High School 90 $634,468 74 days
Mesquite High School 101 $550,274 86 days
Williams Field High School 143 $626,183 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 925 $672,315 82 days
Distressed Homes 1 $735,000 73 days
Multi-Million Dollar Homes 77 $1,594,888 102 days
Newly Built Homes 117 $865,795 120 days
Homes with a Pool 335 $830,617 74 days
Reduced Price Homes 75 $595,567 73 days
DeLex Realty
Terry Day
10115 E Bell Rd
Scottsdale, AZ 85260
602-483-4665

© 2022 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 Terry Day - Delex 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. December 6, 2022
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