March 2024 Real Estate Update in Ahwatukee

Ahwatukee Housing Market Conditions Updated for March 2024

To reduce data errors results are based on:

• Ahwatukee SOLD single family residences, patio homes, and townhomes (ask us about condos)
• List/sales price under $1,000,000
• Size over 1,000 sq ft.
• Calendar month

Table Explanation

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

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.

• Total Active – # of homes for sale at the beginning of the current month
• Total Sold – # of homes sold in the current month
• % Sold – a ratio of total sold to total active
• MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory
• Sq ft – average square footage of sold homes
• Price – average sales price of sold homes
• DOM – Days On Market, or average days to sale
• $ sq ft – average price per square foot
•  +/- List Price –  the average dollars received by sellers above or below their average list prices
• Active # Foreclo. – # distressed properties for sale at beginning of month
• % Active Foreclo. – active # distressed properties expressed as a %
• Sold Foreclo. – # distressed properties sold in current month
• % Sold Foreclo. – # distressed properties expressed as a %

About Ahwatukee
State: Arizona
County: Maricopa
Location: Ahwatukee
ZIP or Postal Code(s): 85044, 85045, 85048

Ahwatukee Fast Facts

• • Ahwatukee is a high demand area because of the quality of life and proximity to some of the best parts of the Valley.
  • Ahwatukee, an Indian word meaning “house of my dreams” or “magic place of my dreams,” is located just 15 minutes south of downtown Phoenix. Ahwatukee is actually part of Phoenix AZ, but because of Ahwatukee’s distinct and strong identity, it is sometimes perceived as a separate town.
  • Ahwatukee is highly regarded for its public school districts, preschools and private schools. All 24 schools in the Kyrene Elementary District are viewed as the premier schools in the East Valley for academic achievement.
  • New shopping centers, restaurants, and entertainment abound. You can get virtually anything you want in Ahwatukee – plus – having the advantage of being close to all the amenities offered in a large metropolitan area.

• Late 2019 is the target for opening the 22-mile, eight-lane freeway connecting the Chandler and West 59th Avenue interchanges along I-10. The $1.7 billion project also will affect what residents see when they look at the mountains as crews begin blasting mid-year to carve a 200-foot-wide freeway path across three South Mountain peaks.

Return here regularly for updated Ahwatukee Housing Market Conditions.many mo