Gilbert Land

Gilbert Land Market Highlights

As of Nov 8, 2025, the land market in Gilbert is showcasing intriguing developments as we move towards the end of the year.

• Currently, the number of active listings stands at 17, which is slightly higher than the 16 available three months ago.
• The average price for active listings has increased to $877,361, contributing to a strong sales price cloud hovering above prior months.
• However, the average days on market (DOM) has risen significantly to 241 days, indicating that homes are taking longer to sell than they did just a few months ago.

An In-Depth Look at the Gilbert Land Market

The market for land in Gilbert, as of Nov 8, 2025, reflects a dynamic landscape defined by varying trends in inventory, pricing, and market behavior.

• Over the last three months, active listings increased from 16 to 17, suggesting that sellers have responded to the ongoing demand for land by putting more properties on the market. This upward tick in listings is reflective of a balanced supply, supporting a healthier competitive environment for buyers.
• The average price for these active listings currently sits at $877,361, a notable rise from $873,572 three months prior, indicating that sellers are optimistic about achieving higher sale prices.
• An essential factor to consider is the significant rise in the average DOM, which has increased to 241 days from a more favorable 140 days just a quarter ago. This trend could be signaling potential shifts in buyer behavior or market digestion periods that warrant further attention.
• Interestingly, the market conditions suggest that while prices may be rising, the elongation of the time properties remain active indicates that buyers may be more cautious, perhaps waiting for optimal opportunities before making decisions.
• Note that there have been no sold listings in the most current data, which highlights a change in market activity when compared to the last three months, where sold prices reflected a healthy average of $808,833 with a DOM of 130 days.
• The absence of recent sold properties could contribute to buyers’ hesitation in taking on new land investments, as they observe current trends in both pricing and DOM metrics.
• As we look back six months, the market appears to have evolved directly from the previous average pricing of $887,003 with a DOM of 184 days, reinforcing that the market, although stable, is exhibiting cautious movements as buyers navigate the landscape for their land needs.

In conclusion, while the current land market in Gilbert is reflecting increased prices and a stable number of active listings, the rising average DOM suggests that prospective buyers are taking their time, potentially waiting for more favorable purchasing conditions.