Clear Title Agency of Arizona

Gilbert, AZ

Single-Family Homes

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Gilbert, AZ

Sat Jul 11 2020
This week the median list price for Gilbert, AZ is $524,950 with the market action index hovering around 74. This is an increase over last month's market action index of 66. Inventory has held steady at or around 226. 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

Sat Jul 11 2020
This week the median list price for Gilbert, AZ is $524,950 with the market action index hovering around 74. This is an increase over last month's market action index of 66. Inventory has held steady at or around 226. 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 $524,950
Per Square Foot $195
Days on Market 58
Price Decreased 31%
Price Increased 4%
Relisted 2%
Inventory 226
Median Rent $1,897
Most Expensive $3,499,000
Least Expensive $255,000
Market Action 74
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 significantly from here.

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
$939,900 4,209 0.5 - 1 acre 5 4 9 8 10 82
$645,971 3,504 8,000 - 10,000 sqft 4 3 15 10 11 90
$459,000 2,648 8,000 - 10,000 sqft 4 3 16 18 15 43
$365,000 1,804 0 - 4,500 sqft 3 2 16 35 37 18