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