Condos for Sale in Gilbert AZ

Search Gilbert condominium for sale with Arizona real estate expert, Celine Acosta.

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About Gilbert, Arizona

Gilbert, Arizona, once a small farming community, has transformed into one of the fastest-growing and most desirable suburbs in the Greater Phoenix area. This vibrant town offers a diverse real estate market, with everything from charming starter homes to luxurious custom-built estates. The trend in Gilbert leans towards family-friendly neighborhoods with modern amenities, spacious floor plans, and eco-friendly features. The community's rapid growth is driven by its excellent schools, low crime rate, and high quality of life. Gilbert's appeal lies in its perfect balance of a small-town feel with the convenience and amenities of a larger city, making it an ideal place for families, professionals, and retirees.

The Gilbert Lifestyle: Active, Community-Centered, and Welcoming
Life in Gilbert is about enjoying the sunny Arizona lifestyle and engaging with a friendly, active community. The town boasts numerous parks, recreational facilities, and miles of trails for hiking and biking. Gilbert's downtown area, known as the Heritage District, is a bustling hub of local eateries, boutique shops, and entertainment, hosting regular community events and farmers' markets. The town's commitment to preserving its agricultural heritage while embracing modern development creates a unique and dynamic living experience. Whether you're a foodie, outdoor enthusiast, or culture seeker, Gilbert offers a little something for everyone.



What is the housing market like in Gilbert today?
The Gilbert housing market is somewhat competitive. Homes in Gilbert receive 3 offers on average and sell in around 48 days. The median sale price of a home in Gilbert was $550K last month, up 4.8% since last year. The median sale price per square foot in Gilbert is $284, up 4.0% since last year.

How hot is the Gilbert housing market? Gilbert is somewhat competitive. Homes sell in 38 days.


Yes, they can be, with several factors contributing to their potential:

  • Steady appreciation: Over the past 5 years, the median condo price in Gilbert has risen by 30%, indicating strong long-term value growth.
  • High rental demand: With a growing population and limited single-family home availability, condo rentals are in high demand, promising potential income opportunities.
  • Diverse offerings: Gilbert offers a range of condo options, from luxurious high-rises to affordable, family-friendly communities, catering to various needs and budgets.

However, consider these points as well:

  • Competition: Demand can be high, especially for desirable properties, requiring strategic timing and offers to secure your ideal unit.
  • HOA fees: Be mindful of Homeowner Association (HOA) fees, which can vary between communities and impact your monthly expenses.
  • Limited inventory: While new developments are emerging, the condo market tends to have fewer options compared to single-family homes.

Neighborhood Example: The Seville community, known for its resort-style amenities and walkable proximity to shops and restaurants, boasts a median condo price of $415,000, reflecting its desirable location and high-end offerings.

  • Shifting preferences: Smaller, more affordable studios and one-bedroom condos are gaining popularity, especially among young professionals and first-time buyers.
  • Technology integration: Smart home features and building-wide tech amenities are becoming increasingly sought-after, particularly by tech-savvy buyers.
  • Focus on community: Condos with strong community features like shared spaces, social events, and fitness centers are attracting buyers seeking a connected lifestyle.

Neighborhood Example: The NOVEL Ocotillo community exemplifies this trend with its co-working spaces, rooftop decks, and community events, catering to those seeking a vibrant and interactive living experience.

The "best" depends on your priorities:

  • Luxury living: Seville and Trilogy at Power Ranch offer high-end amenities and spacious units, catering to those seeking a resort-style experience.
  • Walkable convenience: Downtown Gilbert and Heritage District offer proximity to shops, restaurants, and nightlife, ideal for those seeking an active lifestyle.
  • Family-friendly atmosphere: Val Vista Lakes and Cooley Station provide community pools, playgrounds, and green spaces, attracting families seeking a safe and kid-friendly environment.
  • Affordability: Rising costs and HOA fees can create affordability concerns for some buyers, potentially impacting demand.
  • Interest rate fluctuations: Increasing rates could affect affordability and dampen buyer enthusiasm, influencing market momentum.
  • Limited inventory: Finding your desired unit, especially in popular areas, may require patience and quick action due to high competition.
  • Partner with a local realtor: Their expertise in the specific neighborhoods, market trends, and nuances of condo ownership can be invaluable.
  • Define your needs and budget: Clearly outlining your priorities and financial limitations helps narrow down your search and make informed decisions.
  • Be prepared to act quickly: In a competitive market, being decisive and having your finances in order can be crucial for securing your desired unit.

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