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 seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Fountain Hills has remained a Seller's Market.

Key Takeaway

Fountain Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fountain Hills, AZ cost?

Median Sold Price

$548,422

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$80,688(+17.3%)

Key Takeaway

Homes in Fountain Hills have sold for 17.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $158.5K$199K
+25.6%
2 $264.9K$335K
+26.4%
3 $476K$553.6K
+16.3%
4 $637.9K$849.9K
+33.2%
5+ $805K$1.0M
+27.4%

Median Sold Price Compared To Nearby Cities

Scottsdale
+21.9%
Fountain Hills
+17.3%

How many homes are available in Fountain Hills, AZ?

Number of Homes For Sale

Oct 2021Nov 2021%
248242-2.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 58
+60.0%
2 7471
-4.1%
3 9191
0.0%
4 6052
-13.3%
5+ 1820
+11.1%

Number of Homes Sold

Oct 2021Nov 2021%
6673+10.6%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

26 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. 43.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
52 Days41 Days-21.3%

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

7 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.

About Fountain Hills, AZ

Number of homes for sale in Fountain Hills, AZ real estate market have reached 242. Between October 2021 and November 2021, Fountain Hills, AZ real estate market has seen decrease in the number of listings by 2.4%. In November 2021, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $548,422. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 25.6%, 2 bedrooms properties became 26.4% more expensive, prices of 3 bedrooms properties went up by 16.3%, prices of 4 bedrooms properties went up by 33.2%, 5 bedrooms properties prices increased by 27.4%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 60%, the quantity of 2 bedrooms homes went down by 4.1%, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory decreased by 13.3%, volume of 5 bedrooms homes went up by 11.1%. Over 26 listings were sold over their listed price in November 2021 in Fountain Hills, AZ. In the same period over 32 listings were sold below the listed price and 15 listings were sold for the listed price.

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