Ahwatukee’s home market becoming more balanced

Ahwatukee homes
Ahwatukee homes

By Bonny Holland | Ahwatukee Foothills News

With the strong gains in home values over the past two years, prices in many Ahwatukee neighborhoods have started to peak. The past few months have been categorized Valleywide as a “Buyer’s Market.” The final numbers for March are in; inventory is down while pending and closed sales are up. We’re returning to a more balanced real estate market. According to the National Association of Realtors, the current months of inventory levels across the country are around four months. A balanced market is three to four months of inventory. Ahwatukee is currently at four and a half. That’s great news for a seller.

Let’s take a look at the numbers year to date for Ahwatukee’s single-family home market:

Continued: 

Related: Kingman housing report a mixed bag

 

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