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2387 E Susan Drive, Gilbert image
2387 E Susan Drive, Gilbert $969,000

Live the Dream in Adora Trails! Spacious Home is Loaded with Upgrades! Situated on a premium oversized North/South Lot with Amazing Mountain Views! Features: 4 Bedrooms, ...

  • 4 Beds
  • 4.5 Baths
  • 6510699 MLS
  • 4,584 SqFt.
647 W Ray Road Unit #2, Gilbert image
647 W Ray Road Unit #2, Gilbert $8,500,000

This Car Wash Collection features a Gilbert Car Wash & Oil Change. With 4 full service car wash bays. 3 detail and oil change bays. Built in 2004, building is 4,306 squar...

  • 6513125 MLS
615 W Ray Road, Gilbert image
615 W Ray Road, Gilbert $8,500,000

This Car Wash Collection features a Gilbert Car Wash & Oil Change. With 4 full service car wash bays. 3 detail and oil change bays. Built in 2004, building is 4,306 squar...

  • 6513123 MLS
  • 6,331 SqFt.
1745 S Buchanan Street, Gilbert image
1745 S Buchanan Street, Gilbert $420,000

Excellent location! Gilbert/Chandler lines. This beautiful 3 BR 2 BA home has everything you need with a gourmet kitchen with island, granite countertops, stainless steel...

  • 3 Beds
  • 2 Baths
  • 6513122 MLS
  • 1,447 SqFt.
1873 E Frye Road Unit #101, Gilbert image
1873 E Frye Road Unit #101, Gilbert $378,900

Take a look at this gorgeous townhouse in the gated community of Val Vista! The bright interior boasts neutral palette, beautiful wood-look floors, and a well-sized livin...

  • 2 Beds
  • 2 Baths
  • 6513111 MLS
  • 1,096 SqFt.
1306 S Sabino Drive, Gilbert image
1306 S Sabino Drive, Gilbert $334,900

This immaculate turn key townhome is ready for its new owner! Three stories with a two car tandem garage. Stylish black spiral stair case leads you from the bedroom to th...

  • 2 Beds
  • 2 Baths
  • 6513023 MLS
  • 967 SqFt.
2926 E Cotton Lane, Gilbert image
2926 E Cotton Lane, Gilbert $850,000

Adorable Pinterest worthy home nestled in highly sought after tree lined community of Higley Groves. Recent renovations completed w/close to $100k invested in last 6 mont...

  • 4 Beds
  • 2 Baths
  • 6513017 MLS
  • 2,266 SqFt.
116 E Hopkins Road, Gilbert image
116 E Hopkins Road, Gilbert $650,000

Gorgeous corner lot home in Allen Ranch is waiting for a new owner! Displaying a 3-car garage, RV gate, and a cozy front porch. Bright & airy interior showcases wood-look...

  • 4 Beds
  • 2 Baths
  • 6512933 MLS
  • 2,341 SqFt.
2631 E Rawhide Street, Gilbert image
2631 E Rawhide Street, Gilbert $670,000

Have you ever dreamt of spending your days judging golfer's tee shots from your backyard? Then this luxurious 4 bedroom house, set on a world-class golf course is your dr...

  • 4 Beds
  • 2.5 Baths
  • 6508051 MLS
  • 2,492 SqFt.
1200 S Honeysuckle Lane, Gilbert image
1200 S Honeysuckle Lane, Gilbert $520,000

Beautiful home in the heart of Gilbert!This home is in a great location,close to both the US 60 and the San Tan Freeway as well as San Tan Mall and award winning schools!...

  • 3 Beds
  • 2.5 Baths
  • 6512809 MLS
  • 1,834 SqFt.
1057 S Deerfield Lane, Gilbert image
1057 S Deerfield Lane, Gilbert $478,799

The moment you step inside, you'll be impressed! This stunningly renovated home offers 3 bedrooms and 2.5 bathrooms. New flooring, baseboards, and fresh paint throughout ...

  • 3 Beds
  • 2.5 Baths
  • 6512782 MLS
  • 1,817 SqFt.
4767 S Rockwell Street, Gilbert image
4767 S Rockwell Street, Gilbert $1,649,900

Best deal in all of Gilbert for a home with RV garage! Gorgeous luxury home in GATED community with RV garage, CASITA, pool, sports court! Home has 5 beds, 4.5 baths, off...

  • 5 Beds
  • 4.5 Baths
  • 6512774 MLS
  • 4,975 SqFt.
7850 S Sorrell Lane, Gilbert image
7850 S Sorrell Lane, Gilbert $850,000

Absolutely stunning 4 bed + den & large bonus/media room, 3.5 bath, 3 car garage single story located in Adora Trails. Your backyard oasis is accessed out the triple slid...

  • 4 Beds
  • 3.5 Baths
  • 6512675 MLS
  • 2,925 SqFt.
2212 E Galileo Drive, Gilbert image
2212 E Galileo Drive, Gilbert $645,000

This former MODEL home,perfectly located within walking distance to the Elementary School and tons of community amenities, is 3548 sq.ft and features 5 bed (Master Downst...

  • 5 Beds
  • 3.5 Baths
  • 6512747 MLS
  • 3,543 SqFt.
4323 E Dublin Street, Gilbert image
4323 E Dublin Street, Gilbert $485,000

LOOK NO FURTHER. This wonderfully REMODELED HOME crosses off all the boxes. Ideally located in the wonderful Ashley Heights neighborhood, just off the 202 Freeway and Pow...

  • 3 Beds
  • 2.5 Baths
  • 6512720 MLS
  • 1,546 SqFt.
109 S Honeysuckle Lane, Gilbert image
109 S Honeysuckle Lane, Gilbert $784,900

$206/sf in GILBERT?!?! Fully remodeled?!?! Come check out this amazing 6 bed/4 bath, BASEMENT home in the heart of Gilbert!! A mile away from the best restaurants in O...

  • 6 Beds
  • 4 Baths
  • 6512214 MLS
  • 3,800 SqFt.
1093 E Bruce Avenue, Gilbert image
1093 E Bruce Avenue, Gilbert $525,000

Live an amazing life in the heart of Gilbert near all the great downtown eateries, activities, and Freestone Park with low property taxes and low monthly HOA fees in a la...

  • 3 Beds
  • 2 Baths
  • 6512646 MLS
  • 1,669 SqFt.
576 E Beauchamp Drive, Gilbert image
576 E Beauchamp Drive, Gilbert $850,000

You'll love this amazing corner lot beauty in the desirable Layton Lakes! Bright & airy interior offer lots of natural lighting, handsome light fixtures, tall ceilings, a...

  • 4 Beds
  • 3 Baths
  • 6512628 MLS
  • 2,899 SqFt.
2915 E Baseline Road Unit #121, Gilbert image
2915 E Baseline Road Unit #121, Gilbert $895,000

Medical office condo in Gilbert in the Dana Park area. Reception, waiting room, kids play area, seven exam rooms, lab, private office, break room, storage areas, plus......

  • 6512485 MLS
  • 4,191 SqFt.
4051 E Milky Way, Gilbert image
4051 E Milky Way, Gilbert $420,000

Located in the VERY POPULAR subdivision WILLOWS with Mature Tree Lined Streets in the Heart of Gilbert. CLEAN & UPDATED TWO STORY home with 3 Bedrooms within a 2 minute ...

  • 3 Beds
  • 2.5 Baths
  • 6512487 MLS
  • 1,418 SqFt.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Gilbert

The town of Gilbert is sweetly nestled between the city of Chandler on the west and Mesa to the north and east.  The tiny town of Gilbert has the benefit of being centrally located in the East Valley. 

Residents can use Interstate 60 at its north and Loop 101 as a quick and easy way to access the city and the rest of the valley.  Gilbert is 22 miles southeast of downtown Phoenix.

Climate

The climate is typical of the southwest.  There is a mild winter that is balanced by a long hot, dry summer.  Many have claimed that the dry, hot summer conditions have helped to relieve many of their allergy symptoms.

Summer days are clear and spectacular and the temperatures are truly remarkable.  Spring and autumn are mild transitions into the other seasons.  There is a brief monsoon season that is truly extraordinary.

Gilbert Properties

The town of Gilbert is using a great concept for residential developments.  These new developments include planned communities with parks, equestrian trails, fishing, boating, and the convenience of retail/commercial businesses, all within walking distances. 

If you like privacy, and love horses, Gilbert is for you.  Properties range from gated communities with equestrian privileges to single-family homes.  Many homes in the area sit on mini ranch partitions.  Prospective residents will be able to locate the perfect home in Gilbert.

Residents know that Gilbert’s lifestyle is focused on providing quality education, first-rate recreational activities, and offering bountiful business opportunities.  Many companies have moved to Gilbert to take advantage of the town’s business incentives programs. 

This town has successfully blended its farming history into a diverse community that includes a variety of retail and commercial businesses.  Gilbert offers the best of both of these worlds, the upscale suburban lifestyle, along with the urban conveniences of other areas in the Valley of the Sun. 

The tradition continues to play a vital role in Gilbert’s development, but not to the detriment of the natural progress of the little community. 

A fine school system, quality housing with a variety of price ranges, recreational activities, and business opportunities are all reasons why so many people select Gilbert as their home. 

Click now to learn more about properties in Gilbert.

The Market

The spectacular amount of market activity in Arizona over the past decade has been well documented.  People of all walks of life have been moving to Arizona, and particularly Phoenix, in numbers unmatched in recent memory. 

Figures from 2000-2005 show nothing but increased construction, development, unit sales and unit sales prices in virtually every category of structure offered on the market. 

The greatest degree of growth occurred during fiscal 2005, where previous growth statistics, impressive in their own rights, spiked sharply to even higher levels. 

Of particular note to the residential home seller/buyer was the record appreciation in new and resale home values. These rates were up for new homes and resales, rentals, and condominium units, the only difference being one of degree.

While it is true that not all Phoenix area real estate markets showed the same amount of increase it is true that the degree of growth for each area was roughly proportional.

Then along came 2006 and equally well documented has been the decline in the rate of growth of some key market indicators.  The greater Phoenix resale home market is showing marked decreases in sales figures for comparable periods last year across the valley and across most unit categories.

One interesting exception is the median price for resale units has risen slightly.  This rising price accompanied by a decrease in sales seems to be more in keeping with normal market tendencies. 

One would expect spectacular growth to lead eventually to a degree of scarcity that would be reflected in higher prices.  Could this indicate that the market has reached its peak?

Let’s look at another indicator to see what it may tell us.

Since 1985, the Arizona Real Estate Center has computed what it calls “affordability indexes” for the Greater Phoenix area and several nearby cities. 

The index was invented as a guide to predict market activity.  When the index value is 100, the typical home buyer (based on the current median resale price and household income) would be able to afford a median-priced home at the stated effective interest rate.  A lower index value indicates less availability of affordable single-family homes.

The affordability index for the areas selected for the study shows a significant reduction in the availability of that this type of housing within the means of the ordinary consumer. 

Whether this data can be used as a reliable indicator for other groups and other types of housing is arguable, but it does beg the question “how much longer will the market be able to sustain a situation where both sellers and buyers can apparently benefit by getting involved in the market?

The short answer is that these conditions can remain so long as they are supported by the market. 

So when we take a long look at the larger picture we must ask ourselves whether we can realistically expect to realize more potential gain or value now or at some time in the future and it is very reasonable to conclude that the best possible time to buy or sell Arizona really is now.

Gilbert History

Humble beginnings had this town originally known as the “Hay Capital of the World”.  But Mr. William M. Gilbert, after whom the town was named, had another idea.  He donated a generous portion of his land to entice the rail carriers into the area.  This land donation proved to be both beneficial to Mr. Gilbert and to the town that eventually grew up around the rail.

Today, Gilbert is a special town.  It is a town that is working hard to preserve its small-town charm while promoting the many high-tech companies that have come into the heart of this quiet and peaceful haven.. 

The town’s motto, “Community of Excellence,” tells us about the community’s mission for today.  It is a town planning for its brilliant future.

Gilbert Outdoor Recreation

The town of Gilbert is set apart from metropolitan Phoenix and gives its residents many amenities. 

Parks, equestrian trails, golfing, fishing, and hiking are all a part of this town setting.  For early morning risers, both walkers and horseback riders can be seen in town getting their exercise. 

Trips to the surrounding areas only multiply the good times!

Gilbert is a unique place to live.

Gilbert Entertainment

Getting the opportunity to experience a hometown feeling is why many residents chose Gilbert to live.  One of the largest rodeos in the southwest is held in Gilbert each year.  The event is called Gilbert Days.  It includes a parade and exciting activities that celebrate the town’s heritage.  This event brings the community together for a week of fun. 

The Gilbert Historical Museum helps to retrace the town’s rich history.  Artifacts and collectibles are on display in the museum and many visitors will be surprised to discover how deeply the agricultural roots tap deep in this community. 

It is a great place for families to spend some time remembering the past.

 

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