Ahwatukee Condos Market Overview
Ahwatukee Condos Market Highlights
As of May 4, 2025, the condos/townhomes/patio homes market in Ahwatukee is displaying fascinating trends influenced by varying inventory levels and pricing dynamics.
- Over the past month, the average price for active listings now stands at $345,277.
- This represents a decline compared to $367,827 three months ago, highlighting shifting buyer interest and market adjustments.
- Additionally, days on market (DOM) have increased to an average of 69 days, reflecting a slower sell-through rate.
- As a result, months of inventory have climbed to 6.7, indicating a more balanced market as active listings rise.
Curious how the Ahwatukee Condos market has changed over time?
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Ahwatukee Condos Market Report
An In-Depth Look at the Ahwatukee Condos Market
Examining the current metrics reveals several interesting shifts in the Ahwatukee condos/townhomes/patio homes market. As of the last month, the total number of active listings has increased to 72, a rise from 53 listings three months ago and 51 listings six months ago. This growing inventory plays a crucial role in shaping market behavior, as evidenced by the month's inventory now at 6.7, a significant increase from 5.0 months just three months prior.
In examining pricing, the average price per square foot for active listings currently sits at $299, which is slightly higher than the average of $287 three months ago but lower than the $304 six months ago. This fluctuation underscores the variability in price expectations as market dynamics evolve. Moreover, the sold price of $375,159 for the last 30 days reflects an improvement compared to $358,725 three months ago, representing a potential resurgence in buyer confidence or willingness to invest more in favorable properties.
Notably, the average DOM has increased to 69 days across active listings, up from 106 days three months ago but down from 91 days six months ago, indicating a stabilization in the time it takes to sell properties. This extended DOM, in conjunction with increased inventory levels, suggests that sellers may need to adjust their pricing strategies to attract buyers actively looking in this market.
The current landscape prompts buyers to carefully assess their options, as inventory levels could provide them with negotiation leverage. On the flip side, sellers in Ahwatukee may want to stay attuned to these market changes, focusing on competitive pricing and presenting properties effectively to stand out in a landscape that is gradually tilting towards a more balanced equilibrium.
Info About Ahwatukee Condos
Ahwatukee is a beautiful community that combines the convenience of the big city with the safety, security, and sedate pace of life that can only be found in a small town, consequently making it a perfect backdrop for condo living. Bordered by South Mountain and the Gila Indian Community, Ahwatukee is a village that embodies the best aspects of small-town life. As a result, residents of Ahwatukee get to enjoy all of this abundant natural beauty, the quaint town, and the convenience of the airport being close by. Read More...Prime Location in One of Phoenix's Best Communities
Of course, location is everything when you are considering an Ahwatukee condo for sale, and Ahwatukee is certainly a prime location. Downtown Phoenix, Chandler, or Scottsdale is just a short drive away, and Phoenix's Sky Harbor Airport is 15-25 minutes away. This in part, makes condos a great real estate option in Phoenix let alone Ahwatukee.Things to Do Right Here in Ahwatukee
There are more than 50 miles of trails to keep you busy hiking or biking. There are golf course right here in Ahwatukee or countless ones within a half hour drive. Pickleball, tennis, volleyball, basketball, and numerous parks to play frisbee or just hang with the family. You won't get bored!
Ahwatukee Golf Courses