Gilbert Real Estate

Gilbert All Property Types Market Highlights

As of Jul 18, 2025, the residential real estate market in Gilbert is revealing notable dynamics that are shaping the buying and selling landscape.

• Currently, there are 836 active listings available, showing a rise from 771 just three months ago.
• Days on Market (DOM) for active listings stands at 72, reflecting an increase in the time properties are remaining unsold.
• In contrast, the average sold price is at $678,794, slightly up from $674,493 three months prior, demonstrating continued buyer interest despite a growing inventory.

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

The real estate market in Gilbert has exhibited a mix of trends that provide insight into its current state.

• With active listings increasing from 771 three months ago to 836 today, this expansion has added options for potential buyers. Concurrently, the average price per square foot for these active listings sits at $301, reflecting broader market conditions encouraging diverse price ranges.
• The Days on Market (DOM) for active listings is currently at 72, an increase that suggests homes are taking longer to sell compared to the average of 54 days noted three months ago. This trend may indicate a shift towards more cautious buyer behavior amidst rising inventory.
• Furthermore, the current months of inventory has reached 3.1 months, higher than previous measurements, which portrays a balanced market where supply is catching up with demand.
• Despite the rise in listings and DOM, the average sold price has climbed slightly to $678,794, signaling that buyers remain willing to invest despite longer wait times. This small uptrend in sold prices can primarily be attributed to ongoing favorable economic conditions that support buyer confidence.
• Historically, the market is aligning with past figures as we compare metrics: sold listings are now at an average price that reflects an increase from $664,430 six months ago and presents just marginal shifts in the context of competitive prices from prior periods, where pricing demands were slightly more aggressive.
• In summary, the current Gilbert market appears stable yet evolving, reflecting ongoing changes in buyer preferences and the economic environment. Strategies for buyers might include targeting homes with a higher Days on Market for potential negotiating power, while sellers may want to price competitively given the recent trends of rising inventory.