Gilbert Market Report
$494,170
AVERAGE PRICE OF 941 HOMES$377,960
AVERAGE PRICE OF 5 DISTRESSED HOMES$1,374,122
AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES$642,176
AVERAGE PRICE OF 98 NEWLY BUILT HOMES$595,264
AVERAGE PRICE OF 356 HOMES WITH A POOL$566,766
AVERAGE PRICE OF 21 REDUCED PRICE HOMESAverage Home
| Average Price | $494,170 |
| Avg Bedrooms | 3.85 beds |
| Avg Bathrooms | 2.79 baths |
Average Price by Bedrooms
| 1 bedroom | $550,000 |
| 2 bedrooms | $317,592 |
| 3 bedrooms | $369,426 |
| 4 bedrooms | $501,223 |
| 5 bedrooms | $659,027 |
Gilbert Home Price Trends
| 6/2020 | 5/2020 | 4/2020 | 3/2020 | 2/2020 | |
|---|---|---|---|---|---|
| Total Listings | 1,032 | 991 | 967 | 880 | 838 |
| Average Price | $478,813 | $467,411 | $458,738 | $481,317 | $489,710 |
| Avg Price Change | +2.44% | +1.89% | -4.92% | -1.74% | -6.94% |
| Median Price | $407,498 | $396,754 | $395,452 | $405,041 | $414,119 |
| Med Price Change | +2.71% | +0.33% | -2.42% | -2.24% | -3.47% |
| Avg Bedrooms | 3.82 beds | 3.79 beds | 3.73 beds | 3.75 beds | 3.79 beds |
| Avg Bathrooms | 2.76 baths | 2.75 baths | 2.69 baths | 2.74 baths | 2.8 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Campo Verde High School | 104 | $505,519 | 74 days |
| Gilbert High School | 127 | $454,438 | 45 days |
| Highland High School | 98 | $521,424 | 46 days |
| Higley High School | 122 | $504,948 | 45 days |
| Williams Field High School | 138 | $460,738 | 42 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 941 | $494,170 | 48 days |
| Distressed Homes | 5 | $377,960 | 67 days |
| Multi-Million Dollar Homes | 34 | $1,374,122 | 97 days |
| Newly Built Homes | 98 | $642,176 | 87 days |
| Homes with a Pool | 356 | $595,264 | 48 days |
| Reduced Price Homes | 21 | $566,766 | 31 days |
