Jay T Schlum, Carly Schlum, Listing Office: RE/MAX Fine Properties
Fountain Hills Housing Market Report December 2024•Maricopa County, Arizona
Housing Prices in Fountain Hills, AZ
How much do homes in Fountain Hills, AZ cost?
Housing Market Conditions
Is Fountain Hills, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fountain Hills is a Buyer's Market
Difference Since December 2023
At the same time last year, Fountain Hills was a Seller's Market.
Fountain Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Fountain Hills have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Fountain Hills was $710,666 in December 2024, up 9.8% from last year, and the median price per square foot was $352.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Fountain Hills | $646.9K | $710.6K | +9.8% |
Scottsdale | $799.6K | $861.2K | +7.7% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $230K | $255K | +10.9% |
22 Bedrooms | $379.9K | $428.5K | +12.8% |
33 Bedrooms | $668.3K | $720K | +7.7% |
44 Bedrooms | $975K | $1.0M | +9.2% |
55+ Bedrooms | $1.5M | $1.2M | -18.4% |
Summary: Fountain Hills housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +10.9%. The home price for 2 bedroom homes increased by +12.8%. The home price for 3 bedroom homes increased by +7.7%. The home price for 4 bedroom homes increased by +9.2%. The home price for 5 bedroom homes decreased by -18.4%.
Housing supply in Fountain Hills, AZ
How many homes are available in Fountain Hills, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
282Last MonthDec 2024 | ||
2732 months agoNov 2024 | +3.3 % Change MoMNov – Dec |
Summary: The Fountain Hills real estate market had 282 homes for sale in Dec 2024, a 3.3 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
38Last MonthDec 2024 | ||
392 months agoNov 2024 | -2.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 4 | +33.3% |
22 Bedrooms | 90 | 88 | -2.2% |
33 Bedrooms | 102 | 103 | +1.0% |
44 Bedrooms | 62 | 67 | +8.1% |
55+ Bedrooms | 16 | 20 | +25.0% |
Summary: Fountain Hills housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes decreased by -2.2%. The inventory for 3 bedroom homes increased by +1.0%. The inventory for 4 bedroom homes increased by +8.1%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Fountain Hills, AZ cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price34 Homes
If you're buying a home in Fountain Hills, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Fountain Hills in December 2024, down by 2.6% month-over-month. Of the 38 sold homes, 89% were sold under asking, 8% were sold at asking, and and 3% were sold over asking.
Days on Market for Fountain Hills, AZ
How long does it take to sell a home in Fountain Hills, AZ?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days16 Homes
Over 90 Days11 Homes
Avg time on Rocket Homes in Fountain Hills has remained consistent over time.
Summary: During December 2024, 38 homes were sold in Fountain Hills; 29% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
75 DaysThis YearDec 2024 | ||
76 Days1 year agoDec 2023 | -1.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Fountain Hills had an average listing age of 75 days in Dec 2024, down by 1.4% compared to the previous year.
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Newest Listings in Fountain Hills, AZ
What homes are available in Fountain Hills, AZ?
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.