Published : April 8, 2026 Data as of : March 26, 2026 Compared to : February 23, 2026 Coverage : Gilbert, AZ (city-level) | Source : Cromford® Daily Market Snapshot (Single Family Detached)
Gilbert | Arizona | Market Updates
March 2026 Gilbert Housing Market Update Gilbert, AZ - city-level snapshot for single-family detached homes.
Q: What's happening in the Gilbert housing market right now?
A: As of March 26, 2026 seller's market with limited room to negotiate : 2.9 months of supply (excluding UCB/CCBS), median monthly sold price $615,000 , days on market (sold) 63 days, and an average sale-to-list of 97.92% .
What this means Negotiation: Homes are selling for about 97.92% of list price - roughly 2% under asking on average. That gap is tighter than most Phoenix-area cities right now.How much is for sale: Only 2.9 months of supply (excluding UCB/CCBS). That's well inside seller-market territory - buyers have fewer options and less leverage.How long it takes: Sold homes averaged 63 days on market; active listings average 67 days . Well-priced homes in Gilbert are not sitting.Pricing reality ($/SF): Monthly sold $/SF is $296.49 while active list $/SF is $325.53 . That spread tells you where overpriced listings get stuck.This is a rolling snapshot (today vs the same date last month ) so buyers and sellers can see leverage shifts without waiting for month-end reporting.
Written by Andrea Scheppe , Phoenix native and REALTOR® with HomeSmart Elite, Valley Solutions Team.
Gilbert reality check: Supply held steady at 2.9 months (same as last month, excluding UCB/CCBS), but active listings climbed (728 → 812 ) and pending listings jumped (156 → 196 ). Sales per month ticked up (201 → 221 ) and sold DOM improved to 63 days (from 72 ). Median monthly sold price moved from $575,000 to $615,000 - a meaningful bump heading into spring. The Cromford® Market Index pulled back from 140.0 to 125.6 , but Gilbert is still firmly in seller territory.
Median sold price (monthly sales)
$615,000 UP ($575K → $615K)
Inventory (months of supply, excl. UCB)
2.9 mo FLAT (2.9 → 2.9)
Speed (DOM, sold)
63 days FASTER (72 → 63)
Negotiation (avg sale price % of list)
97.92% TIGHTER (97.66% → 97.92%)
Market call Market: SELLER'S MARKET - LIMITED NEGOTIATION
Seller's market because Cromford® Market Index is 125.6 (above 100 = seller-leaning; above 120 = seller's market). Supply at 2.9 months is tight. Buyers are closing at 97.92% of list price - there's some negotiation, but not much.
Quick pulse vs last month (2/23 → 3/26 728 → 812 , pending 156 → 196 , under contract 294 → 361 , and sales/month 201 → 221 .
Pricing per sq ft: Active list $/SF $326.66 → $325.53; Monthly sold $/SF $296.68 → $296.49; Under contract $/SF $317.95 → $302.36.
Buyer standings - March 2026 (what to do) Negotiation exists but it's tight: Sale-to-list is 97.92% - about 2% under ask on average. Don't expect major credits or reductions on well-priced homes.Know the $/SF reality: Active listings average $325.53/sf ; monthly sold is $296.49/sf . If a listing is priced well above closed comps per sq ft, that's your opening.Speed matters: Sold DOM is 63 days - the market is moving. Homes that are priced right aren't waiting around for offers.Spring inventory is rising, use it: Active listings climbed from 728 to 812 . More options are hitting the market, which gives you more to work with without adding much leverage pressure yet.Hey, this is a lot of information but you don't have to absorb it all at once - bookmark the Gilbert market hub and come back when you're ready to move.
Seller standings - March 2026 (what matters) Gilbert is a seller's market right now: CMI is 125.6 and supply is 2.9 months . Conditions favor sellers, but the CMI did drop from 140.0 - don't sleep on pricing.Sale-to-list is strong: 97.92% means buyers are paying close to ask. Overpricing still costs you time, but well-priced listings are closing clean.Listing success rate: 80.7% - up from 79.8% . Four out of five listings that hit the market in Gilbert are successfully closing.Spring momentum is real: Pending listings up 156 → 196 , under contract up 294 → 361 . Buyer activity is picking up as inventory grows - this is a good window.Notes & FAQ This is a rolling daily snapshot (today vs the same date last month), using Gilbert single-family detached metrics from the Cromford® Daily Market Snapshot. Designed to answer "where do buyers and sellers stand right now?" without waiting for month-end reporting.
Quick definitions: Months of supply = how much is for sale, DOM = how long it takes, sale-to-list = how much people negotiate, $/SF = price per square foot.
What is Gilbert's housing inventory right now?
About 2.9 months of supply (excluding UCB/CCBS) as of 3/26/26
Are buyers negotiating in Gilbert?
Slightly - average sale-to-list is 97.92% as of 3/26/26
Is Gilbert a buyer's market or seller's market right now?
Seller's market. Cromford® Market Index is 125.6 as of 3/26/26 2.9 months .
What is the median home price in Gilbert AZ in 2026?
Median monthly sold price for single-family detached homes in Gilbert is $615,000 as of March 26, 2026
Open: Gilbert daily snapshot table (Today vs last month vs last quarter vs last year vs 2 years ago) Gilbert Daily Market Snapshot - Single Family Detached Metric Today (3/26/26 ) Last month (2/23/26 ) Last quarter (12/24/25 ) Last year (3/26/25 ) 2 years ago (3/25/24 ) Active listings 812 728 594 822 513 UCB & CCBS listings 165 138 98 164 142 Active listings excl. UCB 647 590 496 658 371 Pending listings 196 156 90 176 214 Listings under contract 361 294 188 340 356 Sales per month 221 201 241 259 235 Sales per year 2,980 3,010 2,993 2,773 2,769 Days on market (sold) 63 72 73 63 53 Days on market (active) 67 71 84 65 66 Days inventory excl. UCB 79 72 61 87 49 Months of supply (excl. UCB) 2.9 2.9 2.1 2.5 1.6 Active listings $/SF $325.53 $326.66 $328.84 $326.10 $332.58 Under contract $/SF $302.36 $317.95 $306.08 $309.11 $302.22 Monthly sales $/SF $296.49 $296.68 $282.95 $286.56 $290.57 Annual sales $/SF $288.77 $288.03 $287.79 $292.59 $276.87 Avg sale price % of list 97.92% 97.66% 97.27% 97.39% 98.01% Listing success rate 80.7% 79.8% 72.4% 79.7% 86.7% Monthly dollar volume $156M $138M $164M $180M $164M Annual dollar volume $2,059M $2,079M $2,065M $1,970M $1,826M Average price (monthly sales) $706,933 $687,405 $682,458 $694,138 $698,954 Median price (monthly sales) $615,000 $575,000 $595,000 $610,000 $615,000 Contract ratio 55.8 49.8 37.9 51.7 96.0 Cromford Supply Index 64.0 55.2 54.7 64.0 39.1 Cromford Demand Index 80.5 77.2 77.7 74.8 67.7 Cromford Market Index 125.6 140.0 142.1 116.8 173.1
Note: months of supply reported excluding UCB/CCBS inventory.
Disclaimer (method): This post uses the Cromford® Daily Market Snapshot for Gilbert single-family detached homes, comparing 3/26/26 2/23/26
