April 2026 Gilbert Housing Market Report

Source for monthly Gilbert Housing Market Report by Realtors serving Gilbert, AZ. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (ARMLS).

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LISTINGS TO BEGIN APRIL and MARCH RESULTS

(Table may require a swipe left on mobile devices)

Strong Buyer's Market

Buyer's Market

Balanced

Seller's Market

Strong Seller's Market

OBSERVATION: PPSF has slowly been increasing over the last 12-months, though March experienced a small drop. The number of sales was at it's highest level since before the interest rate increases of 2022.

On a price per-square foot average (see charts below):

• At $271 per-square foot in March, prices are down $3 from February, down $3 from last March 2025, but down $24 from their peak of $295 in May '22
  

• Last month, sellers received an average of -$8,543 less than their asking prices
  

• April 2026 began 575 listings, which is 131% of the 3 year average of 440  (from 2023-2025) 
  

• March had 349 sales, or 152% of the 3 year average of 229 (from 2023-2025)
  

• Gilbert is currently turning over housing inventory once every 1.5 months
  

• Days on market for sold homes are currently 59
  

• Bank-owned properties and short sales accounted for 0 sales or 0.0% of all Gilbert sales last month

Gilbert Housing Market Report Updated in April 2026

To reduce data errors results are based on:

1. Gilbert SOLD single family residences, patio homes, and townhomes (ask us about condos)

2. List/sales price under $1,000,000

3. Size over 1,000 sq ft.

4. Calendar month

Gilbert sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).

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 Table Explanation

(Table may require a swipe left on mobile device. Desktops use slider at bottom of table.)

Month	For Sale	Total Sold	% Sold	MO. INV.	Sq ft	Price	DOM	$$ sq ft	+/- List Price
Apr-26	575
Mar-26	537	349	65.0%	1.5	2,191	$593,218	59	$271	-$8,543
Feb-26	485	220	45.4%	2.2	2,163	$593,161	67	$274	-$10,783
Jan-26	450	147	32.7%	3.1	2,063	$565,102	71	$274	-$13,000
Dec-25	426	227	53.3%	1.9	2,182	$587,696	75	$269	-$12,948
Nov-25	552	186	33.7%	3.0	2,200	$590,667	68	$268	-$10,639
Oct-25	579	240	41.5%	2.4	2,150	$577,714	64	$269	-$8,797
Sep-25	577	261	45.2%	2.2	2,166	$575,689	74	$266	-$11,024
Aug-25	653	257	39.4%	2.5	2,158	$577,317	68	$268	-$10,752
Jul-25	710	256	36.1%	2.8	2,171	$579,836	64	$267	-$11,777
Jun-25	763	258	33.8%	3.0	2,190	$603,063	57	$275	-$9,799
May-25	721	294	40.8%	2.5	2,201	$591,310	59	$269	-$9,183
Apr-25	621	254	40.9%	2.4	2,130	$590,366	50	$277	-$9,370
Mar-25	543	249	45.9%	2.2	2,163	$593,640	57	$274	-$10,054
Feb-25	485	203	41.9%	2.4	2,100	$583,214	66	$278	-$9,927
Jan-25	424	156	36.8%	2.7	2,075	$566,120	70	$273	-$14,244
Dec-24	482	193	40.0%	2.5	2,125	$581,749	67	$274	-$11,597
Nov-24	545	183	33.6%	3.0	2,233	$608,190	60	$272	-$10,562
Oct-24	558	206	36.9%	2.7	2,134	$590,723	54	$277	-$8,306
Sep-24	500	202	40.4%	2.5	2,155	$595,172	51	$276	-$8,490
Aug-24	430	234	54.4%	1.8	2,176	$596,011	53	$274	-$8,107
Jul-24	454	204	44.9%	2.2	2,293	$622,421	48	$271	-$7,881
Jun-24	401	260	64.8%	1.5	2,142	$605,715	44	$283	-$6,704
May-24	357	284	79.6%	1.3	2,166	$600,880	48	$277	-$5,107
Apr-24	329	278	84.5%	1.2	2,203	$598,920	47	$272	-$7,067
Mar-24	314	253	80.6%	1.2	2,109	$589,436	49	$279	-$7,782
Feb-24	291	210	72.2%	1.4	2,139	$583,938	46	$273	-$7,344
Jan-24	269	161	59.9%	1.7	2,146	$585,885	52	$273	-$6,863
Dec-23	310	153	49.4%	2.0	2,114	$572,930	44	$271	-$9,234
Nov-23	305	172	56.4%	1.8	2,141	$590,566	35	$276	-$6,265
Oct-23	245	214	87.3%	1.1	2,143	$580,701	40	$271	-$5,919
Sep-23	260	189	72.7%	1.4	2,239	$594,121	38	$265	-$6,936
Aug-23	207	249	120.3%	0.8	2,190	$588,794	43	$269	-$5,984
Jul-23	231	237	102.6%	1.0	2,154	$570,683	39	$265	-$2,408
Jun-23	237	243	102.5%	1.0	2,025	$559,858	37	$276	-$5,764
May-23	270	315	116.7%	0.9	2,179	$571,716	61	$262	-$5,774
Apr-23	355	286	80.6%	1.2	2,206	$572,245	75	$259
Mar-23	408	319	78.2%	1.3	2,126	$544,877	77	$256
Feb-23	497	211	42.5%	2.4	2,123	$540,913	86	$255
Jan-23	541	148	27.4%	3.7	2,167	$549,727	79	$254

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Table Explanation for Gilbert Housing Market Report

NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.

1. Total Active – # of homes for sale at the beginning of the current month

2. Total Sold – # of homes sold in the current month

3. % Sold – a ratio of total sold to total active

4. MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory

5. Sq ft – average square footage of sold homes

6. Price – average sales price of sold homes

7. DOM – Days On Market, or average days to sale

8. $ sq ft – average price per square foot

9. +/- List Price – the average dollars received by sellers above or below their average list prices

Gilbert Housing Market Report by Realtors serving Gilbert, AZ