In May 2018, there were 479 homes sold, with a median sale price of $305,000 - a 4.5% increase over the $292,000 median sale price for the same period of the previous year. There were 550 homes sold in Gilbert in May 2017.
The median sales tax in Gilbert for the most recent year with available data, 2017, was $1,839, approximately 0.6% of the median home sale price for May 2018.
The following table compares Gilbert to other Maricopa County cities with similar median sales prices in May 2018:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Waddell (unincorporated) | 31 | 39 | -20.5% | $310,000 | $260,000 | 19.2% |
Chandler (unincorporated) | 73 | 91 | -19.8% | $310,000 | $279,950 | 10.7% |
Uninc-85375/Sun City West | 2 | 0 | - | $308,600 | $0 | - |
Chandler | 467 | 521 | -10.4% | $308,500 | $289,900 | 6.4% |
Wickenburg | 12 | 20 | -40% | $307,250 | $196,500 | 56.4% |
Gilbert | 479 | 550 | -12.9% | $305,000 | $292,000 | 4.5% |
Tempe | 191 | 230 | -17% | $295,000 | $263,475 | 12% |
Uninc-85387/Surprise North | 11 | 26 | -57.7% | $287,735 | $286,577.50 | 0.4% |
Litchfield Park (unincorporated) | 50 | 65 | -23.1% | $276,450 | $258,000 | 7.2% |
Uninc-85383/Peoria North | 7 | 10 | -30% | $275,000 | $264,425.50 | 4% |
Goodyear | 180 | 222 | -18.9% | $263,950 | $245,000 | 7.7% |