By Tom Blodgett | Community Impact Newsletter
Gilbert’s housing market has regained its footing since the Great Recession, but data reveals growth no longer is as explosive as pre-2008 levels.
Rather, Gilbert’s growth as reflected in the town’s permit data remains steady as builders take a more cautious approach and land becomes scarcer—and pricier—approaching build-out, which town officials expect to take place about 2030.
With few large spaces left to develop residentially, developer attention is shifting to south of the Loop 202-Santan Freeway and along the town’s eastern boundary. But there are scattered housing plats available in nearly every square mile of town, Gilbert Development Services Director Kyle Mieras said.
