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Gilbert, AZ 85233

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Gilbert, AZ 85233

Thu Jan 20 2022
This week the median list price for Gilbert, AZ 85233 is $565,000 with the market action index hovering around 83. This is about the same as last month's market action index of 83. Inventory has decreased to 20. 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 has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Gilbert, AZ 85233

Thu Jan 20 2022
This week the median list price for Gilbert, AZ 85233 is $565,000 with the market action index hovering around 83. This is about the same as last month's market action index of 83. Inventory has decreased to 20. 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 has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Gilbert market.
Median List Price $565,000
Median Price of New Listings $528,000
Per Square Foot $299
Average Days on Market 33
Median Days on Market 7
Price Decreased 15%
Price Increased 0%
Relisted 0%
Inventory 20
Median Rent $2,183
Market Action 83
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$729,000 2,900 8,000 - 10,000 sqft 4 3 26 1 0 63
$629,900 2,557 8,000 - 10,000 sqft 4 2 27 1 2 14
$536,000 2,269 6,500 - 8,000 sqft 4 2 27 2 1 7
$475,000 1,479 4,500 - 6,500 sqft 3 2 26 4 4 0