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Grand Canyon Times

Wednesday, November 6, 2024

Gilbert home prices rise in March 2018

Re 7

The median sale price of a home sold in March 2018 in Gilbert rose by $30,000 while total sales increased by 4.2%, according to BlockShopper.com.

In March 2018, there were 525 homes sold, with a median sale price of $310,000 - a 10.7% increase over the $280,000 median sale price for the same period of the previous year. There were 504 homes sold in Gilbert in March 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 March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Phoenix (unincorporated) 1099218.5%$347,900$300,00016%
Laveen (unincorporated) 42100%$346,250$379,950-8.9%
Queen Creek94869.3%$338,000$297,997.5013.4%
Waddell (unincorporated) 2733-18.2%$324,900$240,00035.4%
Queen Creek (unincorporated) 25-60%$311,250$315,000-1.2%
Gilbert5255044.2%$310,000$280,00010.7%
Litchfield Park12850%$309,200$416,078.50-25.7%
Uninc-85375/Sun City West110%$301,000$267,00012.7%
Buckeye (unincorporated)1113-15.4%$300,000$224,90033.4%
Chandler5314986.6%$293,000$275,9446.2%
Chandler (unincorporated) 82767.9%$292,500$280,0004.5%

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