Sun Mar 07 2021
This week the median list price for Gilbert, AZ is $322,794 with the market action index hovering around 80. This is about the same as last month's market action index of 80. Inventory has held steady at or around 11.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$322,794|
|Per Square Foot||$233|
|Days on Market||7|
|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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$379,992||1,684||0 - 4,500 sqft||3||2||2||0||0||10|
|$330,000||1,491||0 - 4,500 sqft||3||3||14||2||2||0|
|$320,000||1,194||0 - 4,500 sqft||2||2||3||0||0||14|
|$240,000||947||0 - 4,500 sqft||2||2||25||3||3||0|