If you need assistance, please call 480-733-8500

J.R Real Estate Team At J.K Realty
602-351-5000

Gilbert Market Report

$487,264

AVERAGE PRICE OF 909 HOMES

$435,450

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,338,318

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$568,461

AVERAGE PRICE OF 90 NEWLY BUILT HOMES

$602,007

AVERAGE PRICE OF 390 HOMES WITH A POOL

$545,682

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $487,264
Avg Bedrooms 3.94 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

2 bedrooms $319,469
3 bedrooms $346,591
4 bedrooms $484,748
5 bedrooms $621,040
Gilbert Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 974 942 926 828 802
Average Price $474,531 $470,442 $457,707 $448,857 $445,795
Avg Price Change +0.87% +2.78% +1.97% +0.69% +1.12%
Median Price $398,572 $391,846 $375,167 $369,416 $368,740
Med Price Change +1.72% +4.45% +1.56% +0.18% +0.86%
Avg Bedrooms 3.89 beds 3.88 beds 3.87 beds 3.88 beds 3.88 beds
Avg Bathrooms 2.85 baths 2.84 baths 2.82 baths 2.81 baths 2.81 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Basha High School 110 $547,061 65 days
Highland High School 94 $525,278 63 days
Higley High School 105 $493,202 46 days
Mesquite High School 96 $427,278 45 days
Williams Field High School 137 $448,184 38 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 909 $487,264 50 days
Distressed Homes 7 $435,450 106 days
Multi-Million Dollar Homes 43 $1,338,318 92 days
Newly Built Homes 90 $568,461 57 days
Homes with a Pool 390 $602,007 55 days
Reduced Price Homes 60 $545,682 50 days
JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500

© 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 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. May 21, 2019