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Gilbert Home Values and Market Report

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Report prepared by Levendirealty.com Pro Star Realty
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Market at a glance

Over the last 12 months, homes sold for 97.7% of list price in 70 days on average.

Average price, last 12 months

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

List · $718K Sold · $699K
$790K$740K$690K$640K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 351 sales in May. Last month: 259.

Where the market stands

All homes in this report, by status.

4,362homes
Active929 · 21%
Under contract246 · 6%
Sold (12 mo)3,187 · 73%

Buyer's or seller's market?

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

3.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$858K
Under contract$782K
Sold$686K

Average days on market

Active78 days
Under contract73 days
Sold70 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 929
Average list price $858,215
Avg. days on market 78 days
Avg. price per ft² $306
Avg. living area 2,581 ft²
Avg. beds / baths 3.8 / 3.1

Charts and listings below cover the 250 highest-priced of 929 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

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

5 homes are larger or pricier than this chart’s scale and aren’t shown.

$9M$6M$3M$0

Price vs. living area: 229 homes plotted, up to $9M 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.

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

Highest price per ft²

Top 7 homes in this status.

2620 E Palo Verde Street$1,815
1187 S Val Vista Drive$1,675
3152 S Penrose Court$1,261
2601 E Mesquite Street$973
284 S 162nd Street$965
2604 E Maplewood Street$838
21423 S 147th Street$830

Active listings (250 of 929)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
21423 S 147th StreetGilbert, AZ 85298 7924,076$20,000,000$83020 days
2620 E Palo Verde StreetGilbert, AZ 85296 579,087$16,500,000$1,81535 days
3152 S Penrose CourtGilbert, AZ 85295 578,718$11,000,000$1,261340 days
2747 E Haymore CourtGilbert, AZ 85298 81114,950$8,950,000$598140 days
2604 E Maplewood StreetGilbert, AZ 85297 687,750$6,500,000$838148 days
2589 E Maplewood StreetGilbert, AZ 85297 576,990$5,500,000$786157 days
2309 E Plum StreetGilbert, AZ 85298 577,566$5,495,000$726246 days
1480 E Raven CourtGilbert, AZ 85297 5810,000$5,000,000$50030 days
1672 E Powell Way Unit D13Gilbert, AZ 85298 687,275$4,975,000$6832 days
2025 S Val Vista DriveGilbert, AZ 85295 586,831$4,500,000$65828 days
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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.