Market report, updated

Market Report

Search in the subdivision of Lyons Gate Phase 1 And 2

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Report prepared by azpropertyconsultants.com AZ Property Consultants * Homesmart
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Market at a glance

Over the last 6 months, homes sold for 101.1% of list price in 51 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $425K Sold · $426K
$590K$510K$430K$350K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Sep. Last month: 1.

Where the market stands

All homes in this report, by status.

9homes
Active4 · 44%
Under contract1 · 11%
Sold (6 mo)4 · 44%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$465K
Under contract$525K
Sold$479K

Average days on market

Active96 days
Under contract5 days
Sold51 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $464,750
Avg. days on market 96 days
Avg. price per ft² $236
Avg. living area 2,011 ft²
Avg. beds / baths 3.0 / 3.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 4 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 4 homes in this status.

2556 E Megan Street$270
2784 E Megan Street$234
2856 E Megan Street$233
1709 S Penrose Drive$209

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2556 E Megan StreetGilbert, AZ 85295 231,460$395,000$2709 days
2856 E Megan StreetGilbert, AZ 85295 331,735$405,000$23385 days
1709 S Penrose DriveGilbert, AZ 85295 443,102$649,000$209126 days
2784 E Megan StreetGilbert, AZ 85295 331,748$410,000$234162 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.