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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ahwatukee Foothills is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ahwatukee Foothills, AZ

How much do homes in Ahwatukee Foothills, AZ cost?

Median Sold Price

$549,596

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,721(+8.9%)

Key Takeaway

Homes in Ahwatukee Foothills have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Ahwatukee Foothills was $549,596 in October 2024, up 8.9% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$240K
-4.0%
2 $353.5K$365.7K
+3.5%
3 $475K$510.6K
+7.5%
4 $615K$650K
+5.7%
5+ $750.7K$805K
+7.2%

Summary: Ahwatukee Foothills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 7.2%.

Housing Supply in Ahwatukee Foothills, AZ

How many homes are available in Ahwatukee Foothills, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
344365+6.1%

Summary: The Ahwatukee Foothills real estate market had 365 homes for sale in October 2024, a 6.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 49
+125.0%
2 5567
+21.8%
3 125126
+0.8%
4 122121
-0.8%
5+ 3842
+10.5%

Summary: The Ahwatukee Foothills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 125%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6587+33.8%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ahwatukee Foothills, you may be able to get a good deal. 69% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Ahwatukee Foothills in October 2024, up by 33.8% month-over-month. Of the 87 sold homes, 69% were sold under asking, 21% were sold at asking, and 10% were sold over asking.

Days on Market for Ahwatukee Foothills, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days60 Days+69.5%

Summary: Homes in Ahwatukee Foothills had an average of 60 days on market in Oct 2024, up by 69.5% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ahwatukee Foothills has remained consistent over time.

Summary: During October 2024, 87 homes were sold in Ahwatukee Foothills; 37% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 23% 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 22 Days Ago

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