Is Fountain Hills, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Hills is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Fountain Hills was a Seller's Market.

Key Takeaway

Fountain Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Fountain Hills, AZ cost?

Median Sold Price

$646,423

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$100,063(+18.3%)

Key Takeaway

Homes in Fountain Hills have sold for 18.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $199K$255K
+28.1%
2 $335K$389K
+16.1%
3 $550.7K$655K
+18.9%
4 $850K$986K
+16.0%
5+ $1.0M$1.4M
+40.4%

Median Sold Price Compared To Nearby Cities

Fountain Hills
+18.3%
Scottsdale
+18.0%

How many homes are available in Fountain Hills, AZ?

Number of Homes For Sale

Oct 2022Nov 2022%
234258+10.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 5561
+10.9%
3 105114
+8.6%
4 5457
+5.6%
5+ 1824
+33.3%

Number of Homes Sold

Oct 2022Nov 2022%
3937-5.1%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Hills, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
42 Days58 Days+36.0%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fountain Hills are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fountain Hills, AZ

Homes for sale in Fountain Hills, AZ have reached 258. Between October 2022 and November 2022, Fountain Hills, AZ real estate market has seen increase in the number of listings by 10.3%. In November 2022 median list price was $646,423 and the average listing age was 58 days. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 28.1%, prices of 2 bedrooms properties increased by 16.1%, prices of 3 bedrooms properties increased by 18.9%, prices of 4 bedrooms properties went up by 16%, 5 bedrooms properties prices increased by 40.4%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 10.9%, the quantity of 3 bedrooms homes went up by 8.6%, 4 bedrooms homes became 5.6% more available, number of 5 bedrooms homes increased by 33.3%. In November 2022, from all listings sold in Fountain Hills, AZ there were more than 8 sold above asking price, over 23 sold below and more than 6 were sold right at the asked price.

Related Housing Market Reports