Gilbert Real Estate

Gilbert All Property Types Market Highlights

As of Nov 11, 2025, the residential real estate market in Gilbert has shown notable shifts that are shaping the landscape for buyers and sellers alike.

• The current number of active listings is 688, a slight increase from 664 three months ago, indicating more options for potential buyers.
• Average sold prices have declined to $631,380, down from $657,432 three months prior, hinting at a gradual cooling in price expectations.
• Additionally, the days on market (DOM) for active listings is currently at 80 days, which is longer than the 70 days recorded three months ago, reflecting a slower sales pace.
• Overall, the market conditions suggest a balanced environment, with inventory levels supporting various buyer needs and allowing sellers to adjust to buyer feedback.

An In-Depth Look at the Gilbert All Property Types Market

The recent data for the residential real estate market in Gilbert illustrates a mix of opportunities and challenges for participants.

• Today's 688 active listings represent a moderate rise compared to 664 listings three months ago, indicating increased supply in a marketplace that had previously seen tighter inventory dynamics. This uptick allows buyers a broader selection, contributing to more competitive offers.
• The average price for homes sold has decreased from $657,432 to $631,380, with an average price per square foot noted at $276. This decline underscores the ongoing correction in buyer expectations as the market adjusts to new levels of affordability and available inventory.
• On average, homes are now taking 80 days to sell, up from 70 days last quarter. This increase in DOM may signal a cautious approach from buyers who are weighing their options more carefully. With a months of inventory figure at 2.6, the market remains relatively balanced; however, an increase in the DOM suggests properties are not moving off the shelves as quickly as in previous periods.
• The trend in days on market suggests that while selling remains possible, sellers may need to be strategic with pricing and presentation to attract buyer interest.
• With sold price to original list price at 96%, sellers are generally closing close to their asking prices, but the decrease in sold prices juxtaposed with rising inventory may lead to further adjustments.
• Buyers may want to leverage this environment by being prepared to negotiate while keeping an eye on the average time properties spend on the market.
• Current economic factors, including fluctuations in interest rates, could also impact market behavior, indicating a need for both buyers and sellers to remain informed and responsive to ongoing changes in Gilbert's real estate landscape.