Gilbert Market Report
$824,589
AVERAGE PRICE OF 861 HOMES$554,950
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,959,139
AVERAGE PRICE OF 140 MULTI-MILLION DOLLAR HOMES$1,150,325
AVERAGE PRICE OF 40 NEWLY BUILT HOMES$1,095,242
AVERAGE PRICE OF 346 HOMES WITH A POOL$674,758
AVERAGE PRICE OF 73 REDUCED PRICE HOMESAverage Home
| Average Price | $824,589 |
| Avg Bedrooms | 4.08 beds |
| Avg Bathrooms | 3.44 baths |
Average Price by Bedrooms
| 1 bedroom | $243,133 |
| 2 bedrooms | $448,162 |
| 3 bedrooms | $518,838 |
| 4 bedrooms | $803,561 |
| 5 bedrooms | $1,230,765 |
Gilbert Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 802 | 921 | 947 | 906 | 860 |
| Average Price | $834,512 | $823,497 | $796,572 | $783,843 | $804,414 |
| Avg Price Change | +1.34% | +3.38% | +1.62% | -2.62% | -4.10% |
| Median Price | $626,175 | $628,660 | $629,503 | $628,804 | $641,944 |
| Med Price Change | -0.40% | -0.13% | +0.11% | -2.09% | -1.97% |
| Avg Bedrooms | 3.34 beds | 3.7 beds | 3.57 beds | 3.73 beds | 4.08 beds |
| Avg Bathrooms | 2.94 baths | 2.9 baths | 2.96 baths | 3.08 baths | 3.3 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Gilbert High School | 124 | $774,530 | 66 days |
| Other | 2 | $1,062,450 | 27 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 861 | $824,589 | 47 days |
| Distressed Homes | 1 | $554,950 | 23 days |
| Multi-Million Dollar Homes | 140 | $1,959,139 | 53 days |
| Newly Built Homes | 40 | $1,150,325 | 99 days |
| Homes with a Pool | 346 | $1,095,242 | 71 days |
| Reduced Price Homes | 73 | $674,758 | 70 days |
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