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Ahwatukee AZ Real Estate Housing Market Report - December 2022

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Ahwatukee AZ Real Estate Housing Market Report for December 2022:
 
After reaching an all-time high of $701,303 in May, the average sales price of homes in Ahwatukee had fluctuated up and down but has decreased for two straight months to end the year. The average sales price of Ahwatukee homes has reached a new all-time low for 2022 of $531,644 in December. This is the first year since 2019 that the average sales price in Ahwatukee has decreased in December.
 
After increasing for the first six months of this year, the price per square foot of Ahwatukee homes has now decreased in five of the last six months, dropping from a high of $321/sf in June back down to $273/sf in December.
 
The Ahwatukee days on market has increased five months in a row, going from 28 DOM in July to 70 DOM in December. Ahwatukee DOM has more than tripled in the last six months. There should still be some demand for homes in Ahwatukee as we head into 2023, but this is typically the slowest part of the season for the Arizona housing market.
 
Click on the image below to read the full article and see what is going on in the Ahwatukee Arizona real estate market.
 

Feel free to reach out to me if you have any questions about buying a home, selling your home, or investing in the Ahwatukee, AZ 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"
       
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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         Contact Troy Erickson, Realtor®, Good Company Real Estate

Licensed Residential Realtor® in Arizona at 602-295-6807

 

Reach out to me for all your Phoenix, Chandler, Ahwatukee, Tempe, Gilbert, and Scottsdale, Arizona Real Estate needs.

 

Check out our website for all Arizona Real Estate and Homes For Sale in subdivisions like Sun Lakes, Ocotillo, Lakewood, Mountain Park Ranch, Pepperwood, Circle G Ranches, and many others throughout the East Valley.

 

"Real Estate is more than just about a job for me. It is about making a difference in the lives of others. I help people just like you Buy, Sell, and Invest in East Valley Arizona Real Estate!"

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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Have a productive week.

Jan 17, 2023 08:29 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Troy  and thanks for sharing this great information today in the Rain.  Make it a great day!

 

Jan 17, 2023 09:16 AM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Your statement - "After increasing for the first six months of this year, the price per square foot of Ahwatukee homes has now decreased in five of the last six months" - can be applied almost word for word to the local market here in Fremont, Ca.

Jan 17, 2023 09:37 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks so much Roy Kelley, always appreciate your support.

Jan 17, 2023 01:31 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thank you Will Hamm. I appreciate you stopping by and commenting.

Jan 17, 2023 01:31 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

We have had quite a shift in the housing market in just the last 6 months John Juarez. Thank you for commenting.

Jan 17, 2023 01:32 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Ahwatukee home buyers and sellers are certain to value your real estate market report, Troy.

Jan 18, 2023 12:13 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Always appreciate you stopping by my posts Myrl Jeffcoat.

Jan 19, 2023 12:04 PM