📈 2020 Gilbert AZ Housing Market Trends Report, Statistics and House Value

Here are 2020 Gilbert AZ Housing Market Update for single family homes. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ as 1/7/2021, provided by the FlexMLS system.

2020 Gilbert AZ Housing Market Trends Highlight:

2020 new Listings homes for sale had decreased about 0.7% from a year ago
2020 average sold price for single family home in Gilbert AZ was $440,108 that's about 13.3% appreciation from 2019
Gilbert AZ single family homes median sold price in 2020 was $392,000 and had increased about 12.0% from a year ago
Almost all of single family homes sold in 2020 are regular sale
Most Expensive House Sold in Gilbert AZ in 2020 was sold at $2,700,000

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Number of Single Family Homes Sold in 2020
Based on 2020 statistic, we saw 5,479 single family homes sold in Gilbert AZ. Compare to 5,262 from a year ago, that is about 4.1% increased of number of single family home sold from last year.

The Days on Market (DOM) for 2020 is 34 days, compare to 49 in 2019. It took average about 34 days (Days on Market) to get your Gilbert AZ single family home sold in 2020.

Gilbert AZ 2020 Median Sold Price
Median sold price for Gilbert AZ single family homes in 2020 in Gilbert AZ is $392,000. The median sold price in 2019 was $350,000. Compare to a year ago, the median sold price for single family home in Gilbert has increased about $42,000, that's about 19.4% appreciation from 2019.

2020 Median Sold Price in Gilbert was $392,000
View Homes for Sale in Gilbert Under $385,000

2020 Gilbert AZ Average Sold Price
Gilbert AZ single family homes average sold price in 2020 is $440,108. Compare to $388,474 a year ago, the average sold price had increased about $51,000, that's about 13.3% appreciation from 2019.

There are 87 millions dollar listings homes sold in 2019.

2020 Average Sold Price in Gilbert was $440,108
View Homes for Sale in Gilbert Under $425,000
2020 Average Price Per Square Feet Gilbert AZ
2020 average sold price per square feet for single family homes in Gilbert is $190 per square feet, compare to $170 a year ago.

Average price per square feet in Gilbert is $190
View Homes for Sale in Gilbert Under $150 per square feet
The statistic indicate that buyers are paying more for a home compare to 1 year ago, based on average sold price and median sold price.

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Gilbert AZ area, we hope you will consider us. Contact us today for complimentary consultation.