Gilbert Market Report

$503,895

AVERAGE PRICE OF 747 HOMES

$393,133

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,490,000

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$634,706

AVERAGE PRICE OF 96 NEWLY BUILT HOMES

$604,805

AVERAGE PRICE OF 310 HOMES WITH A POOL

$535,033

AVERAGE PRICE OF 54 REDUCED PRICE HOMES

Average Home

Average Price $503,895
Avg Bedrooms 3.94 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $460,000
2 bedrooms $308,597
3 bedrooms $353,346
4 bedrooms $503,918
5 bedrooms $610,040
Gilbert Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 686 683 771 890 922
Average Price $500,922 $500,283 $491,056 $480,998 $484,626
Avg Price Change +0.13% +1.88% +2.09% -0.75% +2.13%
Median Price $409,691 $414,065 $407,425 $400,783 $401,974
Med Price Change -1.07% +1.63% +1.66% -0.30% +0.85%
Avg Bedrooms 3.97 beds 3.99 beds 3.99 beds 3.95 beds 3.93 beds
Avg Bathrooms 2.89 baths 2.89 baths 2.89 baths 2.91 baths 2.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 91 $413,464 41 days
Highland High School 92 $555,447 54 days
Higley High School 79 $579,851 42 days
Mesquite High School 89 $414,807 44 days
Williams Field High School 102 $454,219 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 747 $503,895 49 days
Distressed Homes 6 $393,133 47 days
Multi-Million Dollar Homes 37 $1,490,000 121 days
Newly Built Homes 96 $634,706 78 days
Homes with a Pool 310 $604,805 51 days
Reduced Price Homes 54 $535,033 44 days
North & Co. - The Hunter Durham Team
Ed Durham
5635 E Thomas Rd
Phoenix, AZ 85018
602-315-4817 Cell
602-714-7000 Office

© 2019 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. October 19, 2019