First Integrity Title Market Report

Gilbert, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Gilbert, AZ

Tue May 13 2025
This week the median list price for Gilbert, AZ is $418,500 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 78. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Gilbert, AZ

Tue May 13 2025
This week the median list price for Gilbert, AZ is $418,500 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 78. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Gilbert market.
Median List Price $418,500
Median Price of New Listings $405,000
Per Square Foot $308
Average Days on Market 60
Median Days on Market 42
Price Decreased 45%
Price Increased 0%
Relisted 4%
Inventory 78
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$537,500 2,000 0 - 4,500 sqft 3 3 18 3 1 49
$449,500 1,491 0 - 4,500 sqft 3 2.5 5 1 0 35
$402,500 1,307 0 - 4,500 sqft 2 2 17 1 1 45
$350,000 1,066 0 - 4,500 sqft 2 2 30 4 2 35