April 16, 2024 9:45 am
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Home prices hit $1M average in Ahwatukee ZIP code

By Paul Maryniak | Ahwatukee Foothills News

In yet another sign of the relentless increase in housing prices, the Valley’s top market analyst said the average price of a listed home in Ahwatukee ZIP code 85048 exceeds $1 million, putting it among 28 Valley postal zones with seven-figure home list price averages.

“If rising house prices scare you, then the best place not to look is the average price for active listings,” the Cromford Report wrote. “Unless you are made of stern stuff, you should look away now.”

Cromford Report then proceeded to list the average home price in 85048 as $1,139,210 – double the $575,854 of the average home list price in that ZIP code three years ago this month.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.