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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 HOMES

Average 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
Goodale Realty Team at JK Realty
Austin & Lynn Goodale
1760 E. Pecos Rd #501
Gilbert, AZ 85295
602-799-7099
480-734-8781

© 2022 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 Austin & Lynn Goodale - Goodale Realty Team / JK Realty 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. December 7, 2022
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