Clear Title Agency of Arizona

Gilbert, AZ

Single-Family Homes

Where Quality Finds a Home |cleartitleaz.com | 480.278.8484



Gilbert, AZ

Fri Feb 28 2020
This week the median list price for Gilbert, AZ is $499,900 with the market action index hovering around 65. This is an increase over last month's market action index of 59. Inventory has held steady at or around 249. 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

Fri Feb 28 2020
This week the median list price for Gilbert, AZ is $499,900 with the market action index hovering around 65. This is an increase over last month's market action index of 59. Inventory has held steady at or around 249. 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 $499,900
Per Square Foot $182
Days on Market 62
Price Decreased 36%
Price Increased 7%
Relisted 4%
Inventory 249
Median Rent $1,818
Most Expensive $2,500,000
Least Expensive $272,500
Market Action 65
Strong Seller's Market

The market seems to have paused around its high point. 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
$849,950 3,990 0.5 - 1 acre 4 4 14 8 7 99
$584,857 3,373 8,000 - 10,000 sqft 4 3 11 9 17 64
$447,000 2,705 8,000 - 10,000 sqft 4 2 16 19 25 55
$359,250 1,857 0 - 4,500 sqft 3 2 18 30 43 28