Ahwatukee Market Activity Update for July 10, 2016

Even though the heat was high, with just a few showers in Ahwatukee this past week, our real estate market was a bit cooler than the previous week. We gained 26 new homeowners with another 31 properties accepting offers.

33 homes were put up for sale with only one of them being a foreclosure in Mountain Park Ranch on Sapium Way, a 4 bedroom 2 bath home built in 1991.

Activity in zip code 85044

15 new listings came up for sale

None were distressed propeties

We had more activity in this zip code compared to the previous week.
4 more homes came up for sale than the number that went under contact, a total of 15 homes came up for sale with 11 going under contact this past week in 85044.
12 homes were successfully closed with 15 listings adjusting their prices.

Activity in zip code 85045

Only 2 homes came up for sale in Zip Code 85045

With only 3 being sold

Zip code 85045 had the slowest activity this past week. 7 property owners accepted offers they received on their properties.
This zip code gained 3 new homeowners this past week with only 2 new additions to the inventory of homes listed for sale.
Hopefully we get to see some better activity this coming week.


Activity in zip code 85048

16 new listings came up for sale this week

1 home is a foreclosure in Mountain Park Ranch

In order to align with current market conditions, 35 homes had their prices adjusted this week in 85048.
There was a net gain of 3 listings to the number of homes available for home buyers looking to live in 85048, with 13 going under contract and 16 new listings coming up on the market.
Only 1 home was taken off the market after the listing period in the MLS expired.


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About Dorette Oppong-Takyi

Dorette is local Ahwatukee Resident, a RealtorĀ® and a Luxury Home Specialist. She is very knowledgeable with the Ahwatukee Real Estate market trends and statistics. Dorette is also a Member of The institute for Luxury Home Marketing. She has a monthly publication, Ahwatukee Monthly which highlights the real estate activity and trends in the local Ahwatukee Real Estate Market