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Gilbert home prices rise amid weakened demand

Pending sales fell 39.5% and inventory rose 13.1% as buyers became more rate-sensitive, Phoenix Realtors said.

Summary by Gilbert Sun News
Gilbert home prices continued to rise in August, even as buyers signed substantially fewer contracts, homes took longer to sell and the number of properties on the market increased.

3 Articles

East Valley TribuneEast Valley Tribune
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Gilbert Sun NewsGilbert Sun News
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Gilbert home prices rise amid weakened demand

Gilbert home prices continued to rise in August, even as buyers signed substantially fewer contracts, homes took longer to sell and the number of properties on the market increased.

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Gilbert Home Prices Rise to $605K Despite Weak Demand

Gilbert's median home price hit $605,000 in August as pending sales fell 40% and mortgage rates topped 7%, a new report shows.

·San Francisco, United States
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Gilbert Sun News broke the news on Monday, September 28, 2026.
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