Is The Foothills Golf Club, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Foothills Golf Club is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, The Foothills Golf Club has remained a Seller's Market.

Key Takeaway

The Foothills Golf Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in The Foothills Golf Club, AZ

How much do homes in The Foothills Golf Club, AZ cost?

Median Sold Price

$600,000

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$22,850(-3.7%)

Key Takeaway

Homes in The Foothills Golf Club have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in The Foothills Golf Club was $600,000 in April 2024, down 3.7% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $265K$260.5K
-1.7%
2 $338.7K$330K
-2.6%
3 $519.5K$550K
+5.9%
4 $707K$823.7K
+16.5%
5+ $920K$833.9K
-9.4%

Summary: The Foothills Golf Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Neighborhoods

Shadow Rock
+10.3%
San Simeon Condominiums
-1.2%
The Foothills Golf Club
-3.7%

Housing Supply in The Foothills Golf Club, AZ

How many homes are available in The Foothills Golf Club, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5559+7.3%

Summary: The The Foothills Golf Club real estate market had 59 homes for sale in April 2024, a 7.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 42
-50.0%
2 67
+16.7%
3 1617
+6.3%
4 2426
+8.3%
5+ 57
+40.0%

Summary: The The Foothills Golf Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Foothills Golf Club, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in The Foothills Golf Club in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.

Days on Market for The Foothills Golf Club, AZ

How long does it take to sell a home in The Foothills Golf Club, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days57 Days+7.3%

Summary: Homes in The Foothills Golf Club had an average of 57 days on market in Apr 2024, up by 7.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in The Foothills Golf Club has remained consistent over time.

Summary: During April 2024, 15 homes were sold in The Foothills Golf Club; 13% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

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

Report Updated 5 Days Ago

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