Market report, updated

Market Report

Search in the zip of 85233

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Report prepared by 5starpropertybrokers.com

Market at a glance

Over the last 6 months, homes sold for 98.0% of list price in 72 days on average.

Average price, last 12 months

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

List · $529K Sold · $515K
$630K$590K$550K$510K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 52 sales in May. Last month: 34.

Where the market stands

All homes in this report, by status.

340homes
Active102 · 30%
Under contract13 · 4%
Sold (6 mo)225 · 66%

Buyer's or seller's market?

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

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$619K
Under contract$673K
Sold$534K

Average days on market

Active74 days
Under contract50 days
Sold72 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 102
Average list price $619,214
Avg. days on market 74 days
Avg. price per ft² $296 Based on 101 of 102 homes
Avg. living area 2,116 ft² Based on 101 of 102 homes
Avg. beds / baths 3.5 / 2.7

Price vs. living area

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

1 home didn’t report living area and isn’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 100 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1040 W Encinas Street$560
113 W Washington Avenue$525
1405 W Lake Mirage Court$508
926 W Coast Drive$460
1757 E Baseline Road Unit 106$379
86 S Monterey Street$379
1353 W Port A Sail --$355

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1757 E Baseline Road Unit 106Gilbert, AZ 85233 ——5,140$1,950,000$37915 days
1040 W Encinas StreetGilbert, AZ 85233 342,139$1,199,000$56066 days
926 W Coast DriveGilbert, AZ 85233 422,583$1,190,000$460110 days
496 N Mondel DriveGilbert, AZ 85233 543,943$1,185,000$30097 days
1441 W Bahia CourtGilbert, AZ 85233 333,554$1,175,000$330227 days
578 N Acacia DriveGilbert, AZ 85233 433,552$1,099,998$30947 days
1030 W Calypso CourtGilbert, AZ 85233 443,911$999,900$255226 days
1477 W Sea Fog DriveGilbert, AZ 85233 553,427$975,000$28455 days
1755 S 131st Road Unit -Gilbert, AZ 85233 ———$930,000—100 days
1405 W Lake Mirage CourtGilbert, AZ 85233 321,826$928,888$50881 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.