Market report, updated

Towne Meadows Patio Homes Lot Tr Ac Home Values and Market Report

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Market at a glance

Over the last 12 months, homes sold for 98.6% of list price in 61 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $430K Sold · $430K
$480K$460K$440K$420K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

5homes
Active1 · 20%
Sold (12 mo)4 · 80%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$420K
Sold$434K

Average days on market

Active24 days
Sold61 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 1
Average list price $420,000
Avg. days on market 24 days
Avg. price per ft² $262
Avg. living area 1,603 ft²
Avg. beds / baths 3.0 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 1 home plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

4507 E Princeton Avenue$262

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4507 E Princeton AvenueGilbert, AZ 85234 331,603$420,000$26224 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.