First Integrity Title Market Report

Gilbert, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Gilbert, AZ

Wed Apr 24 2024
This week the median list price for Gilbert, AZ is $699,999 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has increased to 389. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gilbert, AZ

Wed Apr 24 2024
This week the median list price for Gilbert, AZ is $699,999 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has increased to 389. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gilbert market.
Median List Price $699,999
Median Price of New Listings $675,000
Per Square Foot $295
Average Days on Market 52
Median Days on Market 35
Price Decreased 46%
Price Increased 1%
Relisted 3%
Inventory 389
Median Rent
Market Action 52
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,495,000 4,066 0.25 - 0.5 acre 5 4 11 18 15 35
$815,000 3,005 8,000 - 10,000 sqft 4 3 19 19 12 42
$619,000 2,242 6,500 - 8,000 sqft 4 3 21 20 15 28
$499,875 1,655 4,500 - 6,500 sqft 3 2 24 22 22 28