Gilbert, AZ Spring 2025 Real Estate Market Update: What’s Trending & What’s Next

As March 2025 unfolds, the Gilbert, AZ real estate market is beginning to show its first major trends of the year. With spring traditionally being one of the busiest seasons for home buying and selling, this is the time when we get our first real look at buyer demand, home pricing, and market activity for the rest of the year.

Not only is Gilbert’s residential market heating up, but commercial development and new community projects are also creating exciting opportunities for homeowners, investors, and businesses.

If you’re thinking about buying or selling, or if you just want to stay updated on Gilbert’s real estate trends, this guide will break down market data, upcoming developments, and what to watch for in Spring 2025.

📊 Spring 2025 Gilbert,  Arizona Real Estate Market Overview

The latest market data for Gilbert, AZ shows strong listing activity, with buyers steadily re-entering the market. Here’s where things stand:

🏡 Active Homes for Sale in Gilbert

📌 Total Active Listings: 659 homes
📌 Median List Price: $871,674
📌 Price Range: $249,500 – $19,995,000
📌 Average Days on Market: 61 days

💡 What This Means:

• Inventory is growing, giving buyers more options.
• Sellers should price competitively to stand out in a busier market.
• Homes are spending an average of two months on the market, making proper pricing and marketing essential.

🏠 Homes Under Contract (Pending & UCB Status)

📌 Total Pending & Under Contract Homes: 343
📌 Pending Sale Price Range: $701,057 average

💡 What This Means:

• The market is active, with over 340 homes in escrow.
• Buyers are making moves, but they’re also being strategic about pricing and competition.

🚀 New Homes Coming Soon

📌 Total Coming Soon Listings: 58 homes
📌 Avg. List Price: $802,686

💡 What This Means:

• More inventory will hit the market in March-April, providing fresh opportunities for buyers.
• Sellers should watch pricing trends carefully, as increased competition may impact pricing strategies.

🌆 What’s Coming to Gilbert in 2025? New Developments & Growth

Beyond the housing market, Gilbert continues to be one of Arizona’s fastest-growing cities, with major residential, commercial, and infrastructure developments in progress.

🏗️ New Residential Communities Breaking Ground

• The Ranch at Power & Elliot – A master-planned community with modern, energy-efficient homes and community amenities.
• Lakeview Estates Expansion – Adding new waterfront properties and luxury custom homes near Morrison Ranch.
• Affordable Housing Initiatives – Gilbert is working on expanding housing options for first-time buyers and workforce housing.

🏬 Commercial & Business Growth in Gilbert

• Epicenter at Agritopia Continues to Grow – More boutique shops, restaurants, and local businesses opening in this vibrant mixed-use community.
• SanTan Village Expansion – New retailers and upscale dining options are set to open later this year.
• Major Corporate Relocations – Tech and medical companies are moving their headquarters to Gilbert, boosting the local job market.

📈 What This Means for Gilbert Homeowners & Buyers

🔹 For Homebuyers:

• Spring offers the first real test of buyer demand for the year, and competition could increase as more buyers enter the market.
• New residential developments may provide additional options if inventory remains tight.
• Interest rates and financing should be monitored closely, as they will impact affordability.

🔹 For Home Sellers:

• With more homes hitting the market, pricing must be competitive to attract serious buyers.
• Spring is historically the best time to sell, as families plan moves before the summer months.
• Marketing strategies matter – Proper exposure can make a huge difference in how fast a home sells.

📍 Thinking About Buying or Selling in Gilbert? Let’s Talk!

Whether you’re looking to buy your dream home, sell for top dollar, or explore Gilbert’s newest real estate opportunities, I’m here to help. As the founder of Sphere Global Real Estate Group, my mission is to connect people with the best real estate solutions while building strong local communities.

📞 Call or Text: 480-330-4251
📧 Email: wesleybenderhomes@gmail.com
🌎 Visit: www.SphereGlobalRe.com

📢 Stay ahead of the market! Check out more updates on Sphere Local Services and find the best local businesses to support your move! 🚀