Is Ahwatukee Foothills, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Ahwatukee Foothills has remained a Seller's Market.
Housing Prices in Ahwatukee Foothills, AZ
How much do homes in Ahwatukee Foothills, AZ cost?
Median Sold Price
$528,633
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ahwatukee Foothills was $528,633 in March 2024, down 1.1% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $249.5K | -4.0% |
2 Bedrooms | $384.9K | $345K | -10.4% |
3 Bedrooms | $490.7K | $500K | +1.9% |
4 Bedrooms | $655K | $618K | -5.6% |
5+ Bedrooms | $842.5K | $770K | -8.6% |
Summary: Ahwatukee Foothills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 8.6%.
Housing Supply in Ahwatukee Foothills, AZ
How many homes are available in Ahwatukee Foothills, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
299 | 323 | +8.0% |
Summary: The Ahwatukee Foothills real estate market had 323 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 46 | 57 | +23.9% |
3 Bedrooms | 124 | 125 | +0.8% |
4 Bedrooms | 84 | 89 | +6.0% |
5+ Bedrooms | 37 | 42 | +13.5% |
Summary: The Ahwatukee Foothills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 13.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 92 | +31.4% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 92 homes were sold or pending in Ahwatukee Foothills in March 2024, up by 31.4% month-over-month. Of the 92 sold homes, 53% were sold under asking, 24% were sold at asking, and 23% were sold over asking.
Days on Market for Ahwatukee Foothills, AZ
How long does it take to sell a home in Ahwatukee Foothills, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 54 Days | -14.8% |
Summary: Homes in Ahwatukee Foothills had an average of 54 days on market in Mar 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 92 homes were sold in Ahwatukee Foothills; 41% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.