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Lakewood is located at 38th St. and Chandler Blvd. The average selling price in Lakewood is 400k. Most homes selling around this price are between 2200-3000 sqft. Property taxes for this community averages $2735/annually.

Lakewood neighbors Ahwatukee Foothills, Foothills Golf Course and Whirlwind Golf Course. This makes this community a very desirable place to live. There are several other attractions to this area that drive buyers to South Phoenix. Such as Phoenix South Mountain Park or State Land that is directly South of Ahwatukee. This provides Ahwatukee much privacy and enclosure compared with the rest of the Valley.

Cromford Home Value Report

Home prices according the Cromford Report has only dropped $25 per square feet. This zip code, 85048, at it’s peak was averaging $150 price per square foot and as of August 2009, it’s $125 per square foot. Lakewood in Ahwatukee is one of the few communities in Arizona that has not been hit by foreclosures or a huge price drop.

Lakewood Homes for Lease

Lakewood homes usually rent between $1200-2300/monthly depending on the lot premium and the sqft. The homes around 3k sqft seem to lease for the low 2k’s and homes below 2500 sqft average $1400/monthly for rent. Lakewood homes rarely sit on the market for long due to it’s populated area and few homes available for lease. Homes are usually leased within 14 days assuming the lease price is in line with the market. For more information on homes for lease or property management, please contact Broker Executives, Inc.

Lakewood School Information

Lakewood boast one of the top rated schools in the State. Kyrene Elementary and Kyrene High School.

Ele Sch Dist: 028 – Kyrene Elementary District
Elementary School: Kyrene de los Lagos
Jr. High School: Kyrene Akimel A-al
High School Dist #: 213 – Tempe Union District
High School: Desert Vista