Ahwatukee Land Market Overview
Highlights
As of April 30, 2025, the land market in Ahwatukee has experienced significant changes over the past month.
- The number of active listings has increased to 22.
- The average price for active listings rose to $473,844, which reflects a notable shift in market dynamics.
- While inventory levels have increased, pending and sold prices remain absent, suggesting a market adjustment.
- The days on market average stands at a substantial 188 days.
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Land for Sale in Ahwatukee to Build Your Custom Home
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How expensive will your project be? It depends on several factors. For starters, is the land’s topography flat, hillside, wash going through it, etc? Second, of course, is the square footage of the home, the finishes, and a whole lot more.
Generally speaking, the larger the piece of land, the larger the building envelope (i.e., the available area to build on including the house, patio, pool, landscaping, etc).
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Ahwatukee Land Market Report
An In-Depth Look at Ahwatukee Land
In a deeper look at the land market in Ahwatukee, as of April 30, 2025, we can observe several key metrics influencing current market activity.
- Over the past month, active listings increased to 22 from 15 three months ago, marking an evident uptick in available properties. This change aligns with a monthly average price of $473,844, up from $446,527 three months earlier, indicating that buyers may be accepting higher asking prices despite a larger inventory.
- Significantly, the average days on market (DOM) for these listings is 188 days, a considerable increase from 254 days three months ago. An extended DOM typically suggests slower movement in the market, potentially leading to greater price negotiability as sellers adjust expectations.
- When looking back six months, the inventory consistently showed low turnover with an average price of $486,708, evoking speculation about the list prices versus sale prices. However, recent trends indicate the potential for changing conditions as sellers assess current buyer behavior in response to more available inventory.
- Despite the absence of recent sold properties and pending listings, the market seems poised for change. The current average months of inventory stands at 0.0, indicating that while listings are available, transactions are not yet occurring, likely reflecting a transitional phase where the market adjusts to the new supply dynamics.
- Sellers operating in this environment should consider pricing strategies that reflect the longer average DOM, potentially exploring pricing reductions or incentives to attract buyers who are navigating a larger selection of properties.
- Conversely, buyers may benefit from greater negotiation power, particularly with less urgency due to the current listings' extended time on market. Overall, the Ahwatukee land market reflects a vital intersection of increased inventory and changing price dynamics, warranting close attention for both buyers and sellers alike in the upcoming months.
Brian Adamski, Realtor
Trusted Real Estate Consultant
Area Expert
480-405-1265
Brian Adamski, Realtor
Trusted Real Estate Consultant
Area Expert
480-405-1265