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Gilbert Real Estate

There are currently 2100 Gilbert AZ houses for sale, including patio homes and townhomes for sale. Gilbert, Arizona does not have condominiums for sale. There are less than 100 Gilbert town homes and patio homes for sale, ranging in price from the mid-$100’s to the upper $300’s. To buy a home in Gilbert AZ, expect the price to range from just under $200K to $1 million plus. 48% of Gilbert homes fall in the $300K - $500K range, and only 11% are below $260K. Gilbert Arizona realty for sale is almost back to the price ranges that were consistent at the beginning of 2006. There was another severe plummet in the housing market in the last 6 months of 2006, but pricing seems to have leveled out.

238 Gilbert houses sold in January, 2007
254 Gilbert houses sold in January, 2006, so the number of resale houses sold in Gilbert hasn’t changed very much in the last year.
The average price a year ago was $365K at $177/sf with 54 days on the market.
The average price of houses sold in Gilbert this January was $365K also, but only $163/sf with 118 days on the market, taking twice the time on the market for a house to sell in Gilbert.
The average difference between sales price and asking price is currently just under 2.5%, which is slightly below the East Valley average of 3%.

Gilbert Arizona real estate remains the nation’s fastest growing city. 2 years ago, Gilbert was the nation’s 9th fastest growing community. Gilbert currently has a population of around 165,000, which is a 51% increase since the year 2000. Gilbert, AZ is expected to max out in 2030 with around 290,000 residents.
Gilbert has incorporated the village concept of master planned communities and includes parks, equestrian trails, fishing, boating, and local business services all within walking distance. Gated communities, as well as horse properties and golf properties are available.

The Gilbert AZ lifestyle focuses on raising a family, very good schools, and leisure activities facilitated by an abundance of amenities. Gilbert Arizona has preserved the small-town atmosphere and is quiet and clean. Gilbert has one of the highest median household incomes in the area. The average resident is in their early 30's, in some sort of office-oriented profession, and makes $50K to $100K per year.
Gilbert cannot be classified as a “party town”, but is close to Chandler, Tempe, and Mesa for any shopping or dining you might hope for. Gilbert, AZ is soon to be home to a 1.3 million square foot mall that will be similar to the upscale Kierland Commons in Central Scottsdale.

However you define your lifestyle, Gilbert has something for everyone!

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