Ahwatukee AZ Real Estate Housing Market Report - September 2021
After reaching an all-time high of $602,866 in August, the average sales price of homes in Ahwatukee dropped in September, down to $552,786.
The price per square foot of Ahwatukee homes has remained the same, or increased for seven consecutive months. The price per square foot of homes sold in Ahwatukee increased from $264/sf in August to $267/sf in September.
After dropping to 22 DOM in August, to tie the all-time low, the Ahwatukee DOM increased in September to 24 DOM. This is still a very low number, and It is obvious that the demand for homes in Ahwatukee is high, and homes are selling fast, even as we near the end of the year.
The price per square foot of Ahwatukee homes has remained the same, or increased for seven consecutive months. The price per square foot of homes sold in Ahwatukee increased from $264/sf in August to $267/sf in September.
After dropping to 22 DOM in August, to tie the all-time low, the Ahwatukee DOM increased in September to 24 DOM. This is still a very low number, and It is obvious that the demand for homes in Ahwatukee is high, and homes are selling fast, even as we near the end of the year.
After decreasing two months in a row, Ahwatukee home sales increased by 22 from last month, from 110 in August to 132 in September. It is not typical for home sales to increase this late in the year, although we did see an increase in October of 2020 (during the COVID-19 pandemic). With the increase in home sales, Ahwatukee had 12.8% more homes sold this September than in September of 2020.
After dropping some in May, the number of new listings in Ahwatukee averaged at 145 between June and August. In September, we saw a drop in new Ahwatukee listings down to 139, dropping below September of 2020, but still much higher than in September of 2018 and 2019. This may be a good sign that more home owners are looking to sell as we reach the last few months of 2021.
After increasing to an all-time high this year of 166 in August, active listings in Ahwatukee decreased in September down to 156. This number of active Ahwatukee listings is -27.8% lower than in September of last year. We still could use more Ahwatukee listings due to the continued high demand from buyers.
Even though there has been a lower than normal inventory of homes for sale, homes that are listed in Ahwatukee are still selling fast. Median home values in Ahwatukee have increased an average of 13.8% since September of 2020, which is amazing growth. With interest rates remaining around 3.0%, the demand from buyers looking to purchase should remain high throughout the remainder of 2021.
After dropping some in May, the number of new listings in Ahwatukee averaged at 145 between June and August. In September, we saw a drop in new Ahwatukee listings down to 139, dropping below September of 2020, but still much higher than in September of 2018 and 2019. This may be a good sign that more home owners are looking to sell as we reach the last few months of 2021.
After increasing to an all-time high this year of 166 in August, active listings in Ahwatukee decreased in September down to 156. This number of active Ahwatukee listings is -27.8% lower than in September of last year. We still could use more Ahwatukee listings due to the continued high demand from buyers.
Even though there has been a lower than normal inventory of homes for sale, homes that are listed in Ahwatukee are still selling fast. Median home values in Ahwatukee have increased an average of 13.8% since September of 2020, which is amazing growth. With interest rates remaining around 3.0%, the demand from buyers looking to purchase should remain high throughout the remainder of 2021.
For more detailed stats on the Ahwatukee Housing Market, just click on the image below. Then call/text me when you are ready to buy or sell your next home.
When you're ready to buy, sell (or both), or invest in East Valley real estate, reach out to me so we can put your plans into motion. With low mortgage rates leading the way, it's a great time to take advantage of your position in today's market.
If you're thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.
If you're thinking of buying a home, more homes are being listed for sale, and interest rates remain at historically low rates. Being a trusted real estate professional, I can answer your questions and help you determine your next steps.
If you're thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.
If you're thinking of buying a home, more homes are being listed for sale, and interest rates remain at historically low rates. Being a trusted real estate professional, I can answer your questions and help you determine your next steps.
Feel free to reach out to me if you have any questions about home buying, selling, or investing in the Phoenix Metro or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.
"Real Estate is not just a job for me, it's about making a difference in the lives of others"
Serving East Valley cities, including Chandler, Gilbert, Tempe, Mesa, Phoenix, Scottsdale, and Ahwatukee
Troy Erickson Realtor | 3175 W. Stephens Place, Chandler, AZ 85226 | 602-295-6807 | [email protected]
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Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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