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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, The Foothills Golf Club was a Seller's Market.

Key Takeaway

The Foothills Golf Club is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in The Foothills Golf Club, AZ

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

Median Sold Price

$660,000

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,000(+12.8%)

Key Takeaway

Homes in The Foothills Golf Club have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in The Foothills Golf Club was $660,000 in November 2024, up 12.8% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $255.5K$274.3K
+7.4%
2 $330K$375K
+13.6%
3 $529.9K$555K
+4.7%
4 $700K$800K
+14.3%
5+ $800K$839.9K
+5.0%

Summary: The Foothills Golf Club housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 5%.

Housing Supply in The Foothills Golf Club, AZ

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7368-6.8%

Summary: The The Foothills Golf Club real estate market had 68 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 76
-14.3%
3 2218
-18.2%
4 3331
-6.1%
5+ 89
+12.5%

Summary: The The Foothills Golf Club housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Foothills Golf Club, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in The Foothills Golf Club in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 60% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
54 Days67 Days+23.5%

Summary: Homes in The Foothills Golf Club had an average of 67 days on market in Nov 2024, up by 23.5% compared to last year.

Breakdown of Home Sale Times

4 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 The Foothills Golf Club are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in The Foothills Golf Club; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 18 Days Ago

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