Gilbert Real Estate Trends & Statistics

Gilbert Median List Price

$309,000

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Gilbert Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	610	539	13%	882	31%
Median List Price	$309,000	$300,000	3%	$215,000	44%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		14%
Median DOM	27	29	7%	46	41%
Median House Size	2,435	2,400	1%	2,173	12%
Median $/Sqft	$125/sqft	$128/sqft	2%	$96/sqft	30%

	Today	1 Month Ago		1 Year Ago
Total Inventory	591	516	15%	854	31%
Median List Price	$314,900	$309,900	2%	$218,000	44%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		14%
Median DOM	27	30	10%	46	41%
Median House Size	2,461	2,439	1%	2,182	13%
Median $/Sqft	$125/sqft	$128/sqft	2%	$97/sqft	29%

	Today	1 Month Ago		1 Year Ago
Total Inventory	19	23	17%	28	32%
Median List Price	$165,000	$160,000	3%	$99,000	67%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	5%	4%		11%
Median DOM	33	13	154%	89	63%
Median House Size	1,328	1,260	5%	1,334
Median $/Sqft	$125/sqft	$126/sqft	1%	$78/sqft	60%

Gilbert Market Data

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	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	310	176	270	223	243	224	258
New Listings	415	318	456	431	551	577	612
Sold/Expired	515	636	588	585	644	680	617

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	296	173	262	217	238	219	252
New Listings	400	304	440	406	534	550	581
Sold/Expired	496	610	566	558	615	655	589

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	14	3	8	6	5	5	6
New Listings	15	14	16	25	17	27	31
Sold/Expired	19	26	22	27	29	25	28

Gilbert, Arizona real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Gilbert homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Gilbert. Movoto is your comprehensive source for Gilbert property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Gilbert, AZ Market Overview

Inventory: 610 Recently Sold: 617 New Listings: 612 Distressed: 1

Gilbert's home resale inventories increased, with a 13 percent increase since May 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in June. The median listing price in Gilbert went up from May to June. There were a total of 88 price increases and 258 price decreases.

Updated: 06/01/2013

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Nearby Homes for Sale

1267 N Saddle Ct, Gilbert, AZ