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Gilbert Market Report

$513,495

AVERAGE PRICE OF 867 HOMES

$570,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,359,551

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$592,586

AVERAGE PRICE OF 100 NEWLY BUILT HOMES

$626,237

AVERAGE PRICE OF 341 HOMES WITH A POOL

$657,875

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $513,495
Avg Bedrooms 3.79 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

2 bedrooms $341,960
3 bedrooms $373,400
4 bedrooms $521,737
5 bedrooms $721,676
Gilbert Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 925 942 931 1,032 991
Average Price $502,099 $496,803 $493,818 $478,813 $467,411
Avg Price Change +1.07% +0.60% +3.13% +2.44% +1.89%
Median Price $421,351 $417,295 $415,946 $407,498 $396,754
Med Price Change +0.97% +0.32% +2.07% +2.71% +0.33%
Avg Bedrooms 3.79 beds 3.81 beds 3.83 beds 3.82 beds 3.79 beds
Avg Bathrooms 2.79 baths 2.77 baths 2.78 baths 2.76 baths 2.75 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Campo Verde High School 86 $592,635 93 days
Gilbert High School 105 $458,688 30 days
Higley High School 117 $494,419 39 days
Mesquite High School 93 $421,876 35 days
Williams Field High School 138 $476,176 30 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 867 $513,495 43 days
Distressed Homes 2 $570,500 25 days
Multi-Million Dollar Homes 47 $1,359,551 60 days
Newly Built Homes 100 $592,586 110 days
Homes with a Pool 341 $626,237 38 days
Reduced Price Homes 28 $657,875 26 days
Copper Summit Real Estate | The Sharyn Younger Team
Sharyn Younger
480-589-2347
Waterstone Mortgage
Emilio Cosculluela
602-708-9322
Emilio.Cosculluela@WaterstoneMortgage.com

© 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 Sharyn Younger - Copper Summit Real Estate - The Sharyn Younger 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 28, 2020
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