Ahwatukee Customs is a neighborhood within Ahwatukee near the scenic Ahwatukee Foothills. These homes are on larger lots than average and typically over 3000 square feet. This area is a bedroom community of Southeastern Phoenix .
The origins of the city name, "Ahwatukee" are supposedly derived from one of it's earliest inhabitants, Helen Brinton. Brinton came up with the name after her time with the Crow community in Wyoming. Ahwauktee was thought to mean "house of dreams." Since 2006, that translation has been challenged to mean "land over the hill."
Historical information shows the city was originally home to a 12,000 square foot mansion, on 2000 acres. The home was a winter get away for Dr. and Mrs. William Van Bergen, founder of the then Northwestern Dental School, since closed. It was completed near Thanksgiving, 1921, but Dr. Ames passed in February, 1922 and his wife passed in 1933. Helen bought the home in 1935 and passed in 1960. The home was eventually torn down in 1979.
Official development of Ahwatukee began in the 1970's and the city today is home to just over 83,000 residents. Even though the city is named "Ahwatukee, that city name doesn't exist for mailing addresses as the city was annexed by Phoenix.
There are three zip codes for Ahwatukee. Ahwatukee Customs is located in 85044. For better reporting and more statitistics, 85044, 85045 and 85048 are included here for homes between $800,000 - $1 million.
There are currenty 2 active listings; 6 homes under contract, and 8 sales in the last 90 days for homes in all three zip codes priced between $800,000 and $1 million. The average size of these homes is 3866 square foot, with 4 bedrooms, and homes typically have 3 car garages. There are currently only 48 total active listings in this area (85044, 85045 & 85048, so it's not surprising to see just two active listings priced from $800,000 - $1 million. This is a "micro-market" when reporting data, which is challenging while creating reports.
Homes in this price range sold for an average of 49 days in December, 2020. A home sale in January upset the apple cart and change the days on market to 104 days.
Between February and March, 2020, list price and sale price per square foot were neck and neck. Now there seems to be a running gap; however, this micro-market could easily change with such low numbers to report. One sale that is over-priced, taking longer to sell, could skew results in this segment of the housing market in Maricopa County.
Sales in 85044, 85045 and 85048 have been in a general upward trajectory since the bottom of the housing market May, 2012. The offiical bottom in all of Phoenix for the same price range was April, 2011, so this area continued it's decline in sales prices longer than Phoenix in general.
This graph shows the change in Annual Averge price per square foot by price range, which is 4.9% for homes between $800,000 - $1 million in all parts of Phoenix.
There are currently 4,929 active listings of all types in Maricopa County, population over 4.6 million; 12,317 listings under contract; and 7,353 sales closed in January, 2021. Buyers need to have larger down payments, have good terms, and be flexible with time lines as there are sellers without a home to go to. If you have cash, your offer may still not be accepted if you don't offer more than list price for homes in Maricopa County!
Make sure to use an experienced agent when buying and selling homes in the Phoenix metro area.