Published : June 27, 2026 Data as of : June 25, 2026 Compared to : May 25, 2026 Coverage : Gilbert, AZ (city-level) • Source : Cromford® Daily Market Snapshot (Single Family Detached)
Gilbert • Arizona • Market Updates
Gilbert Housing Market June 2026 Gilbert, AZ - city-level snapshot for single-family detached homes.
Q: What's happening in the Gilbert housing market right now?
A: As of June 25, 2026 moderately seller-leaning market : 2.5 months of supply (excluding UCB/CCBS), median monthly sold price $615,000 , days on market (sold) 54 days, and an average sale-to-list of 98.01% . The Cromford® Market Index is 110.5 , just above the line that separates a seller-leaning market from a balanced one.
What this means Negotiation: Homes are selling for about 98.01% of list price - roughly 2.0% under asking on average. That is nearly flat from last month, so buyers have limited room but not a wide discount window.How much is for sale: 2.5 months of supply (excluding UCB/CCBS). That is about even with last month and tighter than last year, but still looser than two years ago.How long it takes: Recently sold homes averaged 54 days , down from 58; active listings average 71 days . Homes that sell are moving a little faster, while active inventory ages longer.Pricing reality ($/SF): Monthly sold $/SF is $298.72 while active list $/SF is $325.29 . That spread is where overpriced listings get tested.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: The Cromford® Market Index slipped from 117.9 to 110.5 , leaving Gilbert just above the line between a seller-leaning and a balanced market. Both sides moved against sellers: the Demand Index eased (89.4 → 85.8 ) while the Supply Index edged up (75.8 → 77.6 ). On the ground, supply held about steady (2.6 → 2.5 months , excluding UCB/CCBS) and active listings barely moved (905 → 900 ). Closings rose from 290 to 303 , but the pipeline cooled: pending fell (208 → 184 ) and under-contract listings dropped (360 → 337 ). The median monthly sold price rose from $588,750 to $615,000 while average sold size moved only slightly (2,465 → 2,502 SF ), so the median lift is mostly a real price move, not a size-mix story. Sold DOM improved to 54 days and sale-to-list firmed to 98.01% .
Median sold price (monthly sales)
$615,000 UP ($588.75K → $615K)
Inventory (months of supply, excl. UCB)
2.5 mo FLAT (2.6 → 2.5)
Speed (DOM, sold)
54 days FASTER (58 → 54)
Negotiation (avg sale price % of list)
98.01% STRONGER (97.86% → 98.01%)
Market call Market: SELLER-LEANING - COOLING TOWARD BALANCED
Seller-leaning because Cromford® Market Index is 110.5 - above the balanced range, but only just. The 7.4-point drop from 117.9 came from both sides: the Demand Index eased from 89.4 to 85.8 while the Supply Index edged up from 75.8 to 77.6. Buyers are closing at 98.01% of list price, so negotiation is present but modest. The clearest signals this month are faster sold DOM, higher closed-sales volume, a softer pending and under-contract count, and a median price that pushed higher.
Pulse vs last month (5/25/26 → 6/25/26 905 → 900 , pending 208 → 184 , under contract 360 → 337 , and sales/month 290 → 303 .
Pricing per sq ft: Active list $/SF $320.03 → $325.29; Monthly sold $/SF $301.57 → $298.72; Under contract $/SF $317.77 → $305.21.
Buyer standings - June 2026 (what to do) Move with preparation, not panic: Sold DOM is 54 days , down from 58, so the right home still gives you time to inspect and negotiate.Read the supply signal carefully: Months of supply held about steady at 2.5 , against 2.6 last month. Choices are limited, so clean offers matter, especially on homes priced near recent sold $/SF.Watch the $/SF gap: Active listings average $325.29/SF ; monthly sold is $298.72/SF . Listings sitting far above closed comps are where your leverage starts.Read the median jump in context: Median sold price rose to $615,000 while average sale size moved only slightly to 2,502 SF . The lift is mostly real pricing, not mix - so price homes to current closed comps, not last month's median.For the full local breakdown, bookmark the Gilbert market hub and come back when you're ready to move.
Seller standings - June 2026 (what matters) Gilbert still favors sellers, but the margin is thin: CMI is 110.5 and supply is 2.5 months . That is seller-leaning, but close enough to balanced that price discipline decides outcomes.Sale-to-list is steady: 98.01% means buyers are paying close to ask. The gap is small enough that correct launch pricing still matters more than testing high.Listing success rate is strong but not perfect: 80.2% means about one in five listings does not sell. Presentation and pricing are still doing real work.Closed sales improved while the pipeline cooled: Sales/month rose 290 → 303 , but pending fell 208 → 184 and under contract fell 360 → 337 . Treat strong recent closings as useful, not automatic.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, and $/SF = price per square foot.
What is Gilbert's housing inventory right now?
About 2.5 months of supply (excluding UCB/CCBS) as of 6/25/26
Are buyers negotiating in Gilbert?
Slightly - average sale-to-list is 98.01% as of 6/25/26
Is Gilbert a buyer's market or seller's market right now?
Seller's market, but only modestly. Cromford® Market Index is 110.5 as of 6/25/26 2.5 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 June 25, 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 (6/25/26 ) Last month (5/25/26 ) Last quarter (3/25/26 ) Last year (6/25/25 ) 2 years ago (6/25/24 ) Active listings 900 905 831 943 600 UCB & CCBS listings 153 152 166 144 129 Active listings excl. UCB 747 753 665 799 471 Pending listings 184 208 200 172 161 Listings under contract 337 360 366 316 290 Sales per month 303 290 228 277 297 Sales per year 3,046 3,020 2,990 2,751 2,715 Days on market (sold) 54 58 64 61 45 Days on market (active) 71 67 67 73 54 Days inventory excl. UCB 90 91 81 106 63 Months of supply (excl. UCB) 2.5 2.6 2.9 2.9 1.6 Active listings $/SF $325.29 $320.03 $325.19 $312.92 $323.59 Under contract $/SF $305.21 $317.77 $304.06 $301.13 $307.49 Monthly sales $/SF $298.72 $301.57 $294.91 $293.51 $298.48 Annual sales $/SF $289.36 $288.77 $288.27 $291.96 $285.82 Appreciation - monthly $/SF 1.8% 5.4% 1.1% -1.7% 12.8% Appreciation - annual $/SF -0.9% -1.3% -1.6% 2.1% 4.1% Appreciation - monthly median 2.7% -3.6% 0.4% -4.2% 5.9% Appreciation - annual median -1.7% -2.6% -1.7% 0.8% 4.4% Avg sale price % of list 98.01% 97.86% 98.07% 98.42% 98.17% Annual change supply -6.5% -10.5% 0.2% 69.6% 64.1% Annual change sales rate 6.0% 1.1% -8.7% -2.4% -11.9% Annual change under contract 6.6% 10.4% 9.9% 9.0% 2.1% Listing success rate 80.2% 79.9% 81.4% 71.4% 84.6% Monthly dollar volume $226M $216M $159M $199M $223M Annual dollar volume $2,114M $2,087M $2,060M $1,944M $1,864M Average price (monthly sales) $747,279 $743,240 $697,388 $719,169 $751,951 Average price (annual sales) $694,026 $690,990 $688,910 $706,521 $686,646 Median price (monthly sales) $615,000 $588,750 $612,500 $599,000 $625,000 Median price (annual sales) $590,000 $589,000 $590,000 $600,000 $595,000 Average SF (monthly sales) 2,502 2,465 2,365 2,450 2,519 Average SF (annual sales) 2,398 2,393 2,390 2,420 2,402 Contract ratio 45.1 47.8 55.0 39.5 61.6 Cromford® Supply Index 77.6 75.8 64.3 82.2 46.7 Cromford® Demand Index 85.8 89.4 80.7 75.0 63.8 Cromford® Market Index 110.5 117.9 125.6 91.2 136.7
Note: "months of supply" is reported excluding UCB/CCBS inventory.
Disclaimer (method): This post uses the Cromford® Daily Market Snapshot for Gilbert single-family detached homes, comparing June 25, 2026 May 25, 2026
