Gilbert Prices Continue to Rise

The Median Sales Price in Gilbert has continued to rise when compared with the same month in prior years. Oct ‘18’s price of $325,000 is 5% higher than the $309,995 median price from Oct ‘17, and 14% higher than 2016’s $283,750.

Prices are down a little bit from July’s peak of $338,250, but this is more likely due to seasonality than a downturn in the market.

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- Chris Butterworth

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* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.