Gilbert Market Report
$673,519
AVERAGE PRICE OF 913 HOMES$735,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,598,781
AVERAGE PRICE OF 76 MULTI-MILLION DOLLAR HOMES$867,932
AVERAGE PRICE OF 116 NEWLY BUILT HOMES$831,593
AVERAGE PRICE OF 330 HOMES WITH A POOL$592,460
AVERAGE PRICE OF 68 REDUCED PRICE HOMESAverage Home
| Average Price | $673,519 |
| Avg Bedrooms | 3.7 beds |
| Avg Bathrooms | 2.65 baths |
Average Price by Bedrooms
| 1 bedroom | $264,633 |
| 2 bedrooms | $478,556 |
| 3 bedrooms | $533,243 |
| 4 bedrooms | $708,471 |
| 5 bedrooms | $938,456 |
Gilbert Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 1,087 | 1,187 | 1,234 | 1,222 | 1,125 |
| Average Price | $675,853 | $681,825 | $703,437 | $718,478 | $732,846 |
| Avg Price Change | -0.88% | -3.17% | -2.14% | -2.00% | n/a |
| Median Price | $580,061 | $587,869 | $597,735 | $599,872 | $612,899 |
| Med Price Change | -1.35% | -1.68% | -0.36% | -2.17% | n/a |
| Avg Bedrooms | 3.69 beds | 3.67 beds | 3.72 beds | 3.73 beds | 3.75 beds |
| Avg Bathrooms | 2.65 baths | 2.62 baths | 2.63 baths | 2.65 baths | 2.66 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Gilbert High School | 125 | $624,221 | 73 days |
| Highland High School | 130 | $733,743 | 66 days |
| Higley High School | 87 | $638,840 | 74 days |
| Mesquite High School | 100 | $549,937 | 86 days |
| Williams Field High School | 142 | $627,262 | 91 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 913 | $673,519 | 82 days |
| Distressed Homes | 1 | $735,000 | 74 days |
| Multi-Million Dollar Homes | 76 | $1,598,781 | 102 days |
| Newly Built Homes | 116 | $867,932 | 122 days |
| Homes with a Pool | 330 | $831,593 | 75 days |
| Reduced Price Homes | 68 | $592,460 | 77 days |
