Navi Title Agency

Gilbert, AZ 85233

Single-Family Homes

Here is your weekly Market Update!



Gilbert, AZ 85233

Fri Jun 02 2023
This week the median list price for Gilbert, AZ 85233 is $670,000 with the market action index hovering around 73. This is an increase over last month's market action index of 68. Inventory has decreased to 25. Click here to stay informed with the Gilbert market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Gilbert, AZ 85233

Fri Jun 02 2023
This week the median list price for Gilbert, AZ 85233 is $670,000 with the market action index hovering around 73. This is an increase over last month's market action index of 68. Inventory has decreased to 25. Click here to stay informed with the Gilbert market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Gilbert market.
Median List Price $670,000
Median Price of New Listings $549,700
Per Square Foot $254
Average Days on Market 71
Median Days on Market 21
Price Decreased 32%
Price Increased 8%
Relisted 8%
Inventory 25
Median Rent
Market Action 73
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$870,000 3,610 8,000 - 10,000 sqft 5 3.3 28 0 0 14
$722,999 2,745 8,000 - 10,000 sqft 5 3 31 1 2 21
$644,950 2,627 6,500 - 8,000 sqft 4 2.8 29 1 0 77
$522,900 2,038 4,500 - 6,500 sqft 3 2 30 4 3 28