Is Ahwatukee, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ahwatukee is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Ahwatukee, AZ

How much do homes in Ahwatukee, AZ cost?

Median Sold Price

$460,000

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$30,500(+7.1%)

Key Takeaway

Homes in Ahwatukee have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Ahwatukee was $460,000 in September 2024, up 7.1% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $365K$365K
0.0%
3 $434.8K$470K
+8.1%
4 $575K$570K
-0.9%
5+ $1.2M$1.4M
+20.3%

Summary: Ahwatukee housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Neighborhoods

Ahwatukee Foothills
+8.8%
Ahwatukee
+7.1%
Desert Foothills Estates
+5.7%

Housing Supply in Ahwatukee, AZ

How many homes are available in Ahwatukee, AZ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6270+12.9%

Summary: The Ahwatukee real estate market had 70 homes for sale in September 2024, a 12.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2427
+12.5%
3 1723
+35.3%
4 1213
+8.3%
5+ 97
-22.2%

Summary: The Ahwatukee housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ahwatukee, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Ahwatukee in September 2024, up by 7.1% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.

Days on Market for Ahwatukee, AZ

How long does it take to sell a home in Ahwatukee, AZ?

Average Sale Time

Sep 2023Sep 2024CHANGE
30 Days60 Days+100.2%

Summary: Homes in Ahwatukee had an average of 60 days on market in Sep 2024, up by 100.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 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 Ahwatukee has remained consistent over time.

Summary: During September 2024, 15 homes were sold in Ahwatukee; 33% of homes were sold within 30 days, 53% 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 Sep 1, 2024

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