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Wednesday, November 6, 2024

Gilbert (unincorporated) home prices rise in 2017

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The median sale price of a home sold in 2017 in Gilbert (unincorporated) rose by $10,000 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through December of 2017, there were five homes sold, with a median sale price of $450,000 - a 2.3% increase over the $440,000 median sale price for the previous year. There were six homes sold in Gilbert (unincorporated) in 2016.

The median sales tax in Gilbert (unincorporated) for 2017 was $2,515. In 2016, the median sales tax was $2,535. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Gilbert (unincorporated) to other Maricopa County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Carefree16212529.6%$600,000$575,0004.3%
Cave Creek99100-1%$540,000$452,50019.3%
Scottsdale (unincorporated) 876533.8%$538,100$535,0000.6%
Cave Creek (unincorporated) 101956.3%$517,000$465,00011.2%
Peoria (unincorporated) 5657-1.8%$474,950$387,00022.7%
Gilbert (unincorporated)56-16.7%$450,000$440,0002.3%
Rio Verde (unincorporated) 93859.4%$405,000$412,000-1.7%
Scottsdale7,1576,6437.7%$400,000$380,0005.3%
Litchfield Park142185-23.2%$397,000$350,09213.4%
Uninc-85262/Tonto National Forest45427.1%$392,261$438,539-10.6%
Goodyear (unincorporated) 610-40%$363,500$301,25020.7%

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