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 April 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

$452,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,000(+5.4%)

Key Takeaway

Homes in Ahwatukee have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Ahwatukee was $452,000 in April 2024, up 5.4% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $383K$363K
-5.2%
3 $442.5K$452K
+2.1%
4 $540K$575K
+6.5%
5+ $1.2M$1.2M
+5.4%

Summary: Ahwatukee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Neighborhoods

Ahwatukee
+5.4%
Ahwatukee Foothills
+1.1%

Housing Supply in Ahwatukee, AZ

How many homes are available in Ahwatukee, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7067-4.3%

Summary: The Ahwatukee real estate market had 67 homes for sale in April 2024, a 4.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2727
0.0%
3 2122
+4.8%
4 1412
-14.3%
5+ 86
-25.0%

Summary: The Ahwatukee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Ahwatukee in April 2024, down by 4.5% month-over-month. Of the 21 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% 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

Apr 2023Apr 2024CHANGE
59 Days58 Days-0.4%

Summary: Homes in Ahwatukee had an average of 58 days on market in Apr 2024, down by 0.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 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 April 2024, 21 homes were sold in Ahwatukee; 29% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 19% 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 Apr 1, 2024

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