Gilbert Edition - July 2021

2021 R E A L E S T A T E E D I T I O N MARKET AT AGLANCE

COMPILED BY TOM BLODGETT

Homes within the six ZIP codes within Gilbert saw more homes sold at a higher average sales price from July 2020 to June 2021 compared to the same time frame in 2019-20. Days on market includes time from a home’s listing to its contract closing.

60

85234

85233

85296

87

85295

SOURCE: WEST AND SOUTHEAST REALTORS OF THE VALLEYCOMMUNITY IMPACT NEWSPAPER

202

85297

June 2019-May 2020 June 2020-May 2021 AVERAGE HOME SALES PRICE

85298

$350,000

85233 SOLD

+18.86%

$416,000

NUMBER OF HOMES SOLD June 2019-May 2020 June 2020-May 2021

$385,000

85234 SOLD

768

926

1,062

+23.12%

-2.21%

+0.97%

+3.77%

$474,000

751

935

1,102

$378,000

85295 SOLD

946

717

906

+20.37%

+9.62%

+11.44%

+21.74%

$455,000

1,037

799

1,103

$378,000

85296 SOLD

+21.43%

July 2019-June 2020 July 2020-June 2021 MEDIANDAYS ON THEMARKET

$459,000

$430,000

85233

85234

85297 SOLD

+18.37%

-30.43%

-30.51%

28.75

20

29.5

20.5

$509,000

85295 -31.03%

85296 -40.68%

$471,000

29

20

29.5

17.5

85298 SOLD

+23.35%

85297 -43.36%

85298 -48.21%

$581,000

35.75

20.25

42

21.75

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