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Tuesday, November 5, 2024

Gilbert home prices rise in April 2018

Re 6

The median sale price of a home sold in April 2018 in Gilbert rose by $21,950 while total sales decreased by 6%, according to BlockShopper.com.

In April 2018, there were 458 homes sold, with a median sale price of $304,950 - a 7.8% increase over the $283,000 median sale price for the same period of the previous year. There were 487 homes sold in Gilbert in April 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 April 2018.

The following table compares Gilbert to other Maricopa County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Fountain Hills9092-2.2%$365,950$310,80017.7%
Phoenix (unincorporated) 89112-20.5%$347,000$320,0008.4%
Surprise (unincorporated) 62200%$323,500$168,45092%
Wickenburg (unincorporated) 880%$322,500$320,0000.8%
Chandler (unincorporated) 7778-1.3%$315,000$282,50011.5%
Gilbert458487-6%$304,950$283,0007.8%
Queen Creek101947.4%$303,064$309,929.50-2.2%
Waddell (unincorporated) 3215113.3%$300,000$287,9004.2%
Chandler4724651.5%$295,500$282,0004.8%
Uninc-85387/Surprise North12120%$289,955$287,4950.9%
Litchfield Park (unincorporated) 534420.5%$277,000$265,2504.4%

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