Closed prices, asking prices, and market pace all matter when setting expectations.
If you are trying to set a realistic sale target in Gilbert, AZ, I would center that conversation on what actually closed and how long the market is taking to get there. That gives you a workable target instead of one built on the highest asking price you can find online.
Last month in Gilbert, AZ, the typical closed price was $579,900, while active listings carried a typical asking price of $625,000. New listings entered at $627,000, and sold homes took 42 days. Those numbers give sellers both an opportunity and a boundary there is demand, but there is also a visible difference between asking and closing.
For a seller, I would treat the current asking range as competitive context, not as automatic proof of value. The stronger benchmark is still the recent closing range. In Gilbert, AZ, buyers are paying close to asking when the list price is credible, which is exactly why the opening number matters so much.
Set your target from recent closings first. Use active competition to decide where inside that broader range your home belongs. Build your timing expectations around the current sale pace so you are not making later decisions from frustration.
