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Gilbert Market Report

$467,474

AVERAGE PRICE OF 1,046 HOMES

$400,385

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,338,098

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$638,800

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$571,014

AVERAGE PRICE OF 371 HOMES WITH A POOL

$555,900

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $467,474
Avg Bedrooms 3.79 beds
Avg Bathrooms 2.75 baths

Average Price by Bedrooms

1 bedroom $346,000
2 bedrooms $313,102
3 bedrooms $364,849
4 bedrooms $480,977
5 bedrooms $620,419
Gilbert Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 967 880 838 504 549
Average Price $458,738 $481,317 $489,710 $523,690 $519,088
Avg Price Change -4.92% -1.74% -6.94% +0.89% +2.70%
Median Price $395,452 $405,041 $414,119 $428,496 $423,412
Med Price Change -2.42% -2.24% -3.47% +1.20% +2.85%
Avg Bedrooms 3.73 beds 3.75 beds 3.79 beds 3.91 beds 3.91 beds
Avg Bathrooms 2.69 baths 2.74 baths 2.8 baths 2.92 baths 2.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 131 $441,952 44 days
Highland High School 110 $476,108 50 days
Higley High School 147 $472,103 37 days
Mesquite High School 116 $389,183 34 days
Williams Field High School 179 $438,107 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,046 $467,474 46 days
Distressed Homes 7 $400,385 70 days
Multi-Million Dollar Homes 28 $1,338,098 96 days
Newly Built Homes 88 $638,800 93 days
Homes with a Pool 371 $571,014 47 days
Reduced Price Homes 46 $555,900 39 days
North & Co. - The Hunter Durham Team
Ed Durham
5635 E Thomas Rd
Phoenix, AZ 85018
602-315-4817
602-315-4817 Cell
602-714-7000 Office

© 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 Ed Durham - North & Co - Hunter Durham Team 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 24, 2020