Is Club West, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Club West is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Club West, AZ

How much do homes in Club West, AZ cost?

Median Sold Price

$636,500

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,500(+3.5%)

Key Takeaway

Homes in Club West have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Club West was $636,500 in October 2024, up 3.5% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $405K$476.1K
+17.6%
3 $525K$522.5K
-0.5%
4 $767.5K$705K
-8.1%
5+ $750.7K$782.5K
+4.2%

Summary: Club West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Neighborhoods

The Foothills Golf Club
+15.4%
Ahwatukee Foothills
+8.9%
Club West
+3.5%

Housing Supply in Club West, AZ

How many homes are available in Club West, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
34340.0%

Summary: The Club West real estate market had 34 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1412
-14.3%
4 1214
+16.7%
5+ 78
+14.3%

Summary: The Club West housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

7 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 Club West, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Club West in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for Club West, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days47 Days+26.3%

Summary: Homes in Club West had an average of 47 days on market in Oct 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Club West are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Club West; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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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