First Integrity Title Market Report

Gilbert, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Gilbert, AZ

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. 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

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. 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 $322,794
Per Square Foot $233
Days on Market 7
Price Decreased 9%
Price Increased 18%
Relisted 0%
Inventory 11
Median Rent $1,525
Most Expensive $389,984
Least Expensive $217,000
Market Action 80
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
$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