Real Estate Market Update for Fountain Hills, AZ

Video: Real Estate Community Tour for Fountain Hills, AZ

See Real estate community tour for Fountain Hills, AZ
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 25% from one year earlier, and up 5% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 22%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 330-thousand dollars. The number of units sold decreased 9% year-over-year, and decreased 2% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Fountain Hills, AZ
Area Information for Fountain Hills, AZ
  • Population: 24,215
  • Median Age: 56.27 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 1,191/sq mi
  • Population Change Since 2000: 20.08%
  • Closest Airport: Phoenix-mesa Gateway
  • Closest College: Frank Lloyd Wright Schl Of Architecture
  • Closest Jr. College: Scottsdale Community College
  • Median Household Income: $74,580
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $316,600
  • Closest Major Sports Team: Azl Athletics (r)
  • Change Avg. Household Income Since 2000: 33.41%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Fountain Hills, AZ
Median Age: 56.27 Married: 56% Number of Households: 11,112 Households with Children: 2,088
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Fountain Hills, AZ

      School Name Distance Type Grades School Rating Parent Rating
      Fountain Hills High School 0.9 mi Public 9-12 4 3
      Fountain Hills.online 0.9 mi Public 9-12 0 0
      Mcdowell Mountain Elementary School 1.3 mi Public PRESCHOOL-3 0 0
      Fountain Hills Charter School 1.4 mi Public K-8 2 0
      Evit - Fountain Hills Vocational Center 1.8 mi Public 9-12 0 0
      Four Peaks Elementary School 1.8 mi Public 4-8 0 0
      Fountain Hills Middle School 1.8 mi Public 6-8 3 0
      H'man 'shawa Early Childhood Development Center 48.0 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Fountain Hills, AZ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.