Market report, updated

Market Report

Search in the city of Gilbert

Keller Williams Realty Phoenix logo
Report prepared by Olympiamovesfamilies.com Keller Williams Realty Phoenix

Market at a glance

Over the last 6 months, homes sold for 97.6% of list price in 69 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $700K Sold · $683K
$790K$740K$690K$640K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 351 sales in May. Last month: 202.

Where the market stands

All homes in this report, by status.

2,836homes
Active940 · 33%
Under contract252 · 9%
Sold (6 mo)1,644 · 58%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$841K
Under contract$748K
Sold$703K

Average days on market

Active79 days
Under contract62 days
Sold69 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 940
Average list price $840,953
Avg. days on market 79 days
Avg. price per ft² $308
Avg. living area 2,543 ft²
Avg. beds / baths 3.8 / 3.0

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 248 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

24 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

2714 E Blue Sage Road$820
4241 S Quinn Avenue$714
1672 E Powell Way$683
21249 S 158th Street$654
3182 S Penrose Court$640
2630 E Lovebird Lane$631
2684 E Wyatt Way$562

All active listings (940)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3182 S Penrose CourtGilbert, AZ 85295 567,763$4,975,000$6400 days
2002 E Marquette DriveGilbert, AZ 85234 432,269$649,900$2864 days
1157 E Encinas AvenueGilbert, AZ 85234 321,707$529,000$3091 day
2543 E Penedes DriveGilbert, AZ 85298 432,351$559,000$2371 day
3879 E Kent AvenueGilbert, AZ 85296 432,037$429,900$2111 day
1329 S Claiborne AvenueGilbert, AZ 85296 534,503$1,200,000$2661 day
4690 E Laurel AvenueGilbert, AZ 85234 331,573$399,900$2541 day
2396 E Everglade LaneGilbert, AZ 85298 443,021$800,000$2641 day
1426 E Hearne WayGilbert, AZ 85234 321,507$425,000$2821 day
3715 E Linda CourtGilbert, AZ 85234 321,699$518,000$3041 day
Keller Williams Realty Phoenix logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Olympiamovesfamilies.com Keller Williams Realty Phoenix

Next steps

What's Your Home Worth?

Thinking of selling or interested in learning about a neighbor's house? We can help you see what it's worth.

Free and instant. We can follow up with a detailed valuation.

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.