📈 2021 May Gilbert AZ Housing Market Trends Report, Statistics and House Value

Here are May 2021 Gilbert AZ Housing Market Update for single family homes. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ as 6/2/2021, provided by the FlexMLS system.

May 2021 Gilbert AZ Housing Market Highlight:

Number of new listings homes for sale have decreased about 12.1% from a year ago
May 2021 average sold price for single family home in Gilbert AZ is $581,295 that's about 41.9% appreciation from May 2020
Gilbert AZ single family homes median sold price in May 2021 is $505,000 and had increased about 37.3% from a year ago
Almost all of single family homes sold in May 2021 are regular sale
Most Expensive House Sold in Gilbert AZ in May 2021 was sold at $2,800,000

You might be interested:
May 2021 Phoenix Housing Market Tends Report
May 2021 Ahwatukee Housing Market Tends Report
May 2021 Chandler AZ Housing Market Report
May 2021 Mesa AZ Housing Market Report
May 2021 Scottsdale AZ Housing Market Report
May 2021 Tempe AZ Housing Market Report

Number of Single Family Homes Sold in May 2021
Based on May 2021 statistic, we saw 441 single family homes sold in Gilbert AZ. Compare to 364 from a year ago, that is about 21.2% increased of number of single family home sold from last year.

The Days on Market (DOM) for May 2021 is 18 days, compare to 34 in May 2020. It took average about 18 days (Days on Market) to get your Gilbert AZ single family home sold in May 2021.

Gilbert AZ May 2021 Median Sold Price
Median sold price for Gilbert AZ single family homes in May 2021 in Gilbert AZ is $505,000. The median sold price in May 2020 was $367,750. Compare to a year ago, the median sold price for single family home in Gilbert has increased about 37.3% from May 2020.

May 2021 Median Sold Price in Gilbert was $505,000
View Homes for Sale in Gilbert Under $500,000
May 2021 Gilbert AZ Average Sold Price
Gilbert AZ single family homes average sold price in May 2021 is $581,295. Compare to $409,739 a year ago, the average sold price had increased about 41.9% from May 2020.

There are 24 millions dollar listings homes sold in May 2020.

May 2021 Average Sold Price in Gilbert was $581,295
View Homes for Sale in Gilbert Under $575,000
May 2021 Average Price Per Square Feet Gilbert AZ
May 2021 average sold price per square feet for single family homes in Gilbert is $243 per square feet, compare to $183 a year ago.

Average price per square feet in Gilbert is $243
View Homes for Sale in Gilbert Under $150 per square feet
The statistic indicate that buyers are paying more for a home compare to 1 year ago, based on average sold price and median sold price.

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Gilbert AZ area, we hope you will consider us. Contact us today for complimentary consultation.