December 2013
AHWATUKEEMONTHLY Ahwatukee Monthly is a monthly publication of the Ahwatukee Real Estate Market. This publication is published by Dorette Oppong-Takyi, a Real Estate Professional licensed in the State of Arizona. She lives in Ahwatukee and services the Ahwatukee Area as well as other parts of the Greater Phoenix Area. This Real Estate Market Update is based on information from homes for sale listed in the ©2013, Arizona Regional Multiple Listing Service, Inc. To receive an update for a specific subdivision, area or price range, please contact Dorette, using the information on the back.
Home Prices are Stable But not Home Sales! The Net Number of Homes Available for Sale in November 2013 had a positive increase by 47 Homes!
This year is coming to an end and the real estate
As of December 8, there were a total of 367 homes
market in Ahwatukee as well as the other parts of the valley
and condos in Ahwatukee for sale. 54 homes were currently
have been so interesting.
under contract but were willing to accept a back up offer.
Earlier in the year we saw a shortage of homes available
83 homes were pending, meaning the home seller and
for sale and lots of buyers who could not find homes to buy.
buyer had agreed to enter into a real estate transaction and
It was a mad rush to find homes with low prices and low
were in the process of executing a real estate contract to
interest rates.
exchange the property.
After the summer we saw a sudden turn in the market with more homes coming up for sale and more buyers
Ahwatukee
November 2013
November 2012
# of Homes that came up for Sale
131
131
# of homes that sold
84
148
Net increase
+47
-17
getting out of the market. By the end of last month (November 3013), Ahwatukee found an extra 47 homes being added to the number of homes for sale. 131 homes and condos in Ahwatukee came up for sale and during the same period only 84 Ahwatukee homes for sale actually sold and got off the market.
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