First Integrity Title Market Report

Gilbert, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Gilbert, AZ

Thu May 28 2026
This week the median list price for Gilbert, AZ is $386,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has decreased to 65. 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.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Gilbert, AZ

Thu May 28 2026
This week the median list price for Gilbert, AZ is $386,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has decreased to 65. 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.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Gilbert market.
Median List Price $386,000
Median Price of New Listings $365,000
Per Square Foot $303
Average Days on Market 90
Median Days on Market 56
Price Decreased 55%
Price Increased 2%
Relisted 2%
Inventory 65
Median Rent
Market Action 38
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$499,900 1,921 0 - 4,500 sqft 3 3 7 0 3 56
$417,475 1,358 0 - 4,500 sqft 3 2.5 7 0 1 38
$371,500 1,291 0 - 4,500 sqft 2 2.3 20 1 1 77
$285,950 891 0 - 4,500 sqft 2 2 30 0 2 73