RR
Gilbert
Market Report
By Russ Lyon Sotheby's International Realty
Market Report
Gilbert
Arizona
Filtered
Single FamilyTownhouseCondominium

Market Summary for Gilbert

The following data shows the current and past housing market conditions.
Filtered
Single FamilyTownhouseCondominium
Homes Sold
239
9% vs. previous period
Sales Volume
$159.1M
12% vs. previous period
Median Sale Price
$580K
3% vs. previous period
Sale to List Ratio
98%
No change vs. previous period
Avg Price per SqFt
$284
No change vs. previous period
Avg Days on Market
76
9% vs. previous period

Property Types

Over the past five years, the majority of homes sold have been Single Families, with some Townhouses and a limited number of Condominiums available.
Single Family
15,665
Townhouse
852
Condominium
382
Land
104
Multi-Family
11
Manufactured
3

Stats by Price Range

Filtered
Single FamilyTownhouseCondominium
Homes Sold
Days To Contract
New Listings

Market Conditions

Filtered
Single FamilyTownhouseCondominium

Slightly Seller’s Market

Across all price ranges

3.5

months of inventory

Buyer's

Sellers

Price rangeInventoryStatus

Under $300K

—

—

Under $400K

—

—

$300K–$500K

—

—

$400K–$500K

—

—

$500K–$600K

3.2 months

Slightly Seller’s Market

$600K–$750K

—

—

$600K–$700K

—

—

$700K–$800K

—

—

$750K–$1.0M

—

—

Above $800K

—

—

Above $1.0M

—

—

Sellers still have the upper hand, but homes may take a bit longer to sell and prices may hover near asking. Buyers should still expect some competition and limited room for negotiation.

Listings in Gilbert, Arizona

Browse available properties in Gilbert, Arizona.
Filtered
Single FamilyTownhouseCondominium