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Ron Wilczek

September 2024 Ahwatukee Housing Market Report

Updated: Sep 14



Ahwatukee market conditions logo

Source for monthly Ahwatukee Housing Market Report by Realtors serving Ahwatukee, AZ. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (ARMLS).


  Text 602-300-0374

 




LISTINGS TO BEGIN SEPTEMBER and AUGUST RESULTS.

(Table may require a swipe left on mobile device)

Strong Buyer's Market

Buyer's Market

Balanced

Seller's Market

Strong Seller's Market


On a price per-square foot average (see charts below):

  • At $279 per-square foot in August, prices are down +$4 from July, up +$5 from last August, and down $24 from their peak in June '22

  • Last month, sellers received an average of -$18,280 less than their asking prices

  • September 2024 began with 144 listings, which is 162% of the 3 year average of 89  (from 2021-2023)

  • August had 60 sales, or 62% of the 3 year average of 97 (from 2021-2023)  

  • Ahwatukee is currently turning over housing inventory once every 2.2 months

  • Bank-owned properties and short sales make up only 0.0% of all Ahwatukee sales

 

   

Ahwatukee Housing Market Report Updated in September 2024


To reduce data errors results are based on:

  1. Ahwatukee SOLD single family residences, patio homes, and townhomes (ask us about condos)

  2. List/sales price under $1,000,000

  3. Size over 1,000 sq ft.

  4. Calendar month



Ahwatukee sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).


 

(Table may require a swipe left on mobile device)

 

Month

Total Active

Total Sold

% Sold

MO. INV.

Sq ft

Price

DOM

$$ sq ft

+/- List Price

Sep-24

144

 

 

 

 

 

 

 

 

Aug-24

133

60

45.1%

2.2

1,980

$552,080

49

$279

-$18,280

Jul-24

122

68

55.7%

1.8

1,988

$562,595

47

$283

-$6,238

Jun-24

107

69

64.5%

1.6

2,109

$602,414

55

$286

-$6,000

May-24

98

92

93.9%

1.1

2,092

$592,619

46

$283

-$2,749

Apr-24

93

92

98.9%

1.0

1,988

$576,973

49

$290

-$6,139

Mar-24

101

75

74.3%

1.3

1,965

$555,680

54

$283

-$7,029

Feb-24

100

62

62.0%

1.6

2,042

$574,881

46

$282

-$9,945

Jan-24

106

41

38.7%

2.6

1,951

$542,451

54

$278

-$11,163

 

 

 

 

 

 

 

 

 

 

Dec-23

114

47

41.2%

2.4

1,982

$540,562

42

$273

-$12,274

Nov-23

108

51

47.2%

2.1

1,973

$542,925

42

$275

-$11,204

Oct-23

77

49

63.6%

1.6

1,947

$545,462

31

$280

-$10,124

Sep-23

63

57

90.5%

1.1

2,034

$564,493

34

$278

-$4,407

Aug-23

53

63

118.9%

0.8

1,992

$546,035

43

$274

-$5,385

Jul-23

55

67

121.8%

0.8

2,106

$582,101

55

$276

-$6,951

Jun-23

62

92

148.4%

0.7

1,948

$537,563

38

$276

-$4,157

May-23

70

93

132.9%

0.8

2,091

$561,355

53

$268

-$6,965

Apr-23

85

76

89.4%

1.1

2,030

$547,932

63

$270

 

Mar-23

100

80

80.0%

1.3

2,035

$538,956

64

$265

 

Feb-23

120

81

67.5%

1.5

1,867

$488,743

78

$262

 

Jan-23

146

53

36.3%

2.8

2,017

$531,530

77

$264

 

 

 

 

 

 

 

 

 

 

 

Dec-22

182

57

31.3%

3.2

1,883

$501,882

69

$267

 

Nov-22

198

74

37.4%

2.7

1,984

$544,828

63

$275

 

Oct-22

228

61

26.8%

3.7

2,137

$587,863

57

$275

 

Sep-22

219

79

36.1%

2.8

1,975

$553,735

50

$280

 

Aug-22

216

66

30.6%

3.3

2,065

$578,430

40

$280

 

Jul-22

156

80

51.3%

2.0

1,846

$556,265

28

$301

 

Jun-22

104

99

95.2%

1.1

1,928

$584,022

27

$303

 

May-22

57

108

189.5%

0.5

2,050

$614,247

25

$300

 

Apr-22

29

122

420.7%

0.2

2,085

$606,607

23

$291

 

Mar-22

21

109

519.0%

0.2

2,060

$592,677

26

$288

 

Feb-22

26

105

403.8%

0.2

2,016

$567,238

26

$281

 

Jan-22

58

83

143.1%

0.7

1,981

$541,376

27

$273

 

 

 

 

 

 

 

 

 

 

 

Dec-21

69

148

214.5%

0.5

2,034

$541,265

27

$266

 

Nov-21

81

115

142.0%

0.7

1,913

$514,370

29

$269

 

Oct-21

77

143

185.7%

0.5

2,058

$522,165

28

$254

 

Sep-21

71

136

191.5%

0.5

1,958

$504,347

24

$258

 

Aug-21

78

110

141.0%

0.7

2,097

$535,295

20

$255

 

Jul-21

55

130

236.4%

0.4

2,084

$518,148

24

$249

 

Jun-21

34

153

450.0%

0.2

2,160

$523,180

21

$242

 

May-21

27

154

570.4%

0.2

2,007

$484,259

18

$241

 

Apr-21

32

158

493.8%

0.2

2,084

$488,306

23

$234

 

Mar-21

33

147

445.5%

0.2

2,209

$483,779

24

$219

 

Feb-21

36

107

297.2%

0.3

2,087

$451,588

31

$216

 

Jan-21

46

121

263.0%

0.4

2,001

$419,107

33

$209

 

Table Explanation

NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.

  1. Total Active – # of homes for sale at the beginning of the current month

  2. Total Sold – # of homes sold in the current month

  3. % Sold – a ratio of total sold to total active

  4. MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory

  5. Sq ft – average square footage of sold homes

  6. Price – average sales price of sold homes

  7. DOM – Days On Market, or average days to sale

  8. $ sq ft – average price per square foot

  9. +/- List Price – the average dollars received by sellers above or below their average list prices


Ahwatukee Housing Market Report

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