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

J.R Real Estate Team At J.K Realty
602-351-5000
SA666421000

Gilbert Market Report

$502,921

AVERAGE PRICE OF 743 HOMES

$387,343

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,499,472

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$641,163

AVERAGE PRICE OF 94 NEWLY BUILT HOMES

$603,648

AVERAGE PRICE OF 305 HOMES WITH A POOL

$541,927

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $502,921
Avg Bedrooms 3.94 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

1 bedroom $460,000
2 bedrooms $300,849
3 bedrooms $354,256
4 bedrooms $501,357
5 bedrooms $610,507
Gilbert Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 686 683 771 890 922
Average Price $500,922 $500,283 $491,056 $480,998 $484,626
Avg Price Change +0.13% +1.88% +2.09% -0.75% +2.13%
Median Price $409,691 $414,065 $407,425 $400,783 $401,974
Med Price Change -1.07% +1.63% +1.66% -0.30% +0.85%
Avg Bedrooms 3.97 beds 3.99 beds 3.99 beds 3.95 beds 3.93 beds
Avg Bathrooms 2.89 baths 2.89 baths 2.89 baths 2.91 baths 2.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Campo Verde High School 76 $476,322 41 days
Gilbert High School 88 $416,790 43 days
Highland High School 87 $561,223 52 days
Mesquite High School 93 $407,281 42 days
Williams Field High School 103 $453,217 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 743 $502,921 49 days
Distressed Homes 8 $387,343 37 days
Multi-Million Dollar Homes 36 $1,499,472 122 days
Newly Built Homes 94 $641,163 79 days
Homes with a Pool 305 $603,648 52 days
Reduced Price Homes 59 $541,927 49 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. October 21, 2019