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Gilbert Market Report

$494,145

AVERAGE PRICE OF 694 HOMES

$292,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,495,700

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$595,854

AVERAGE PRICE OF 84 NEWLY BUILT HOMES

$593,477

AVERAGE PRICE OF 288 HOMES WITH A POOL

$524,773

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $494,145
Avg Bedrooms 3.96 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

2 bedrooms $296,427
3 bedrooms $357,630
4 bedrooms $492,496
5 bedrooms $584,837
Gilbert Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 890 922 974 942
Average Price n/a $480,998 $484,626 $474,531 $470,442
Avg Price Change n/a -0.75% +2.13% +0.87% +2.78%
Median Price n/a $400,783 $401,974 $398,572 $391,846
Med Price Change n/a -0.30% +0.85% +1.72% +4.45%
Avg Bedrooms n/a 3.95 beds 3.93 beds 3.89 beds 3.88 beds
Avg Bathrooms n/a 2.91 baths 2.89 baths 2.85 baths 2.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 82 $443,312 42 days
Highland High School 86 $553,679 58 days
Higley High School 105 $493,320 47 days
Mesquite High School 73 $392,900 51 days
Williams Field High School 88 $440,238 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 694 $494,145 52 days
Distressed Homes 2 $292,000 23 days
Multi-Million Dollar Homes 27 $1,495,700 128 days
Newly Built Homes 84 $595,854 63 days
Homes with a Pool 288 $593,477 58 days
Reduced Price Homes 48 $524,773 62 days
Urban Luxe Real Estate
Dave Westbrook
7077 East 5th Avenue
Scottsdale, AZ 85251
602-980-0556

© 2019 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 Dave Westbrook - Urban Luxe Real Estate 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. August 17, 2019