Anthem AZ real estate, Phoenix real estate, and Scottsdale real estate blog.

Anthem, AZ Home Sales - Week of 5/13/13 - 5/19/13

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Wed, 22 May 2013 18:04:54 -0700

The following Anthem homes closed escrow during the week of 5/13/13 - 5/20/13:

1622 W. Owens Way, 3 bedrooms, 2 bathrooms, 1,264 sq. ft., $173,900, Traditional Sale;

39525 W. Rolling Green Ct., 4 bedrooms, 2.75 bathrooms, 2,120 sq. ft., $225,000, Traditional Sale;

40413 N. Graham Way, 4 bedrooms, 2.5 bathrooms, 3,264 sq. ft., $295,000 Traditional Sale;

3533 W. Plymouth Dr., 5 bedrooms, 3 bathrooms, 2,972 sq. ft., $300,000, Traditional Sale.

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

To receive a free market analysis of your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate Market Report April 2013 - Country Club

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Mon, 20 May 2013 17:43:54 -0700

The Anthem Country Club housing market continues to click along nicely heading into the summer months. The number of homes sold in April increased from March. And although, the average sale price dipped a little compared to March, the year over year comparison shows a steady upward trend. There are currently 58 homes actively on the market with 49 under contract, in the Country Club.

Here are the numbers for the Country Club through April 2013:

Apr. ’13 Mar. ’13 Apr. ’12 Apr. v. Mar. ’13 Apr. v. Apr. ‘13

Sold 17 12 13 +42% +31%

Avg. Sale Price $380,524 $407,958 $343,231 -7% +11%

Avg. List Price $389,829 $420,025 $354,538 -7% +10%

Sale/List Price 98% 97% 97% +1% +1%

Price per Sq. Ft. $145.88 $148.60 $117.41 -2% +24%

Days on Market 69 76 87 -9% -21%

Highest Sold $690,000 $833,000 $549,000

Lowest Sold $152,000 $183,000 $185,000

If ever you have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, please give me a call at 602-334-3757

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

To search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Market Report - April 2013

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Mon, 13 May 2013 18:23:07 -0700

The Anthem AZ real estate market continues it's strong performance as we head into the warmer months ahead. Home sales were up in April along with the average price per square foot, up 26% year over year. The 12 month moving average sale price is up 20%, and the number of homes on the market increased slightly from March, but still only 136. Days on market continues to be less than the 90 days we typically call a neutral market. Homes are selling much quicker these days. So things continue to look bright for the Anthem real estate market.

Here are the latest stats for the month ending 4/30/13:

Active Listings: 138 (Up 1% from Mar. '13, Up 23% from Apr. '12)

Homes Pending: 165 (Down 7% from Mar. '13, Down 35% from Apr. '12)

Homes sold in last 30 days: 43 (Up 16% Mar. '13, Down 14% from Apr. '12)

Burn rate (Inventory on market / by homes currently under contract) = 1.84 months supply

Avg. Sale price (Solds): $286,514 (Down 1% from Mar. '13, Up 15% from Apr. '12)

Avg. price per sq. ft. (Solds): $123.57 (Up 6% from Mar. '13, Up 26% from Apr. '12)

Avg. Days on Market (Solds): 62 (Down 16% from Mar. '13, Down 56% from Apr. '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ please visit www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

New paint and carpet does not constitute a "remodel"....

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Mon, 29 Apr 2013 18:36:02 -0700

Recently in one of our office sales meetings we discussed wording in our descriptions we use for our listings on MLS. I noted several pet peeves of mine that I've established over the years, (ie. "tile in all the right places" and the use of our industry vernacular in the public remarks, SPDS, BINSR, CLUE report are but a few). But lately, with all the fix and flip properties I've seen come on the market, a new description has been added to my "Don't Do" list. And that is the use of the term "remodeled".

I'm sorry fellow agents, but new paint and carpet are not a remodel. They are basic maintenance and prep that any home seller should consider as part of the home selling process. And yet, there it is, with regularity in our MLS descriptions. I guess this term would lend itself to interpretation, but my interpretation of "remodel" is knocking down some walls, adding rooms, expanding bathrooms or kitchens, or at the very least updating obsolete or out of style items such as appliances, flooring, cabinetry, and countertops. Not just paint and carpet.

And that's my two cents on this matter.

If you're a home seller interested in selling your newly "remodeled" home, or even one that hasn't been remodeled, feel free to contact me any time at 602-334-3757 or jwmurphy@longrealty.com

Anthem, AZ Real Estate - Are we in another bubble?

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Wed, 24 Apr 2013 18:34:22 -0700

With rising Anthem home prices over the past two years there have started to be murmurs of another real estate bubble forming. My inclination is to say no, we are not in a bubble, and here’s why. First, yes, home prices have risen dramatically but not beyond affordability. Second, lending practices are tighter these days. And third, the speculative market is quite different from the market of 2004-2007. Let’s take a look at the prices themselves first.

Phoenix, and therefore Anthem, was one of the worst hit metropolitan areas in the country during the market downturn. On average Valley home prices took a 50-55% hit. Some places, such as Anthem were hit even harder, upwards of a 60% decline from the peak. As with any panic sell off there’s a tendency for a market to shoot past what the real market bottom should be. And that’s what I believe happened here in the Phoenix/Anthem market. Our market probably dropped about 10% below what it really should have. When people are spooked about markets they are VERY reluctant to get back in. Which can cause a self-fulfilling prophecy of downward pressure. At the bottom of our market very few people were willing to dip their toe in the pool, which continued the downward slide past what the reasonable and expected market bottom should have been. You see this happen all the time in stock market panic sell offs. So taking that into account, and the fact that our market prices have increased by about 25% from the market bottom, the true rate of appreciation is more like about 15%. Over a two-year span that’s a reasonable rate of growth, especially after such a steep sell off. Now, that being said, I do not think we will continue at that pace. As more and more homeowners find themselves getting out from underwater on their mortgages we will see more homes come on the market. And, the builders are starting to build again, which will provide more homes on the market inventory. These two eventualities will maintain a level of affordability for buyers coming back into the market.

Speaking of affordability, with interest rates at all time lows, and home prices still well off from the market peak of 6 years ago, buying a home here in the Phoenix/Anthem area is still a great deal. During the market down turn many home owners were forced to short sale their homes or lost their homes to foreclosure all together. This caused a glut of renters on the market at a time when there weren’t a lot of rental homes available. Simple supply and demand economics dictated that rental rates would go up. And they did, eventually driving rents past the cost of buying a home. And now, several years after most of these people lost their homes, they’re ready to get back into the home buying market again. And it makes economic sense to do so, however, due to the number of investors who have come back in the market, rental rates will start to drop. We’re already starting to see some evidence of this occurring.

In addition to home affordability, there’s another major factor different about this market. Lending practices. During the halcyon days of 2004-2007 the market was flooded with exotic loan package that didn’t require buyers to have down payments, didn’t require buyers to have good credit, and in some cases didn’t even require buyers to show proof of employment. For the most part, those days are gone. Thankfully so. Nowadays a buyer will have to have a minimal down payment (there are still some exceptions, ie. VA loans), good credit, a job, and income to debt ratios that are reasonable. They way it should be. These changes have made it more difficult for buyers to purchase, but it’s brought about a more stable cadre of home buyers into the market. Buyers that will be able to stay in their homes for the long-term and who will be able to persevere through future economic road bumps.

As I mentioned, over the past couple of years real estate investors have come back to the Phoenix/Anthem market at full throttle. But this breed of investor is a bit different from that of the run up in 2004-2007. And the main difference is cash. The investors of the market run up of 8 or 9 years ago were amateurish group of investors. Many of them were investing based on the principal of using other people’s money. Often these investors would secure 100% financing to purchase their investment properties, banking on the rising home prices to be their return on their investment. When the market turned south these investors were left holding the bag, often with negative cash flow investment properties, thereby leading to a rash of home foreclosures as these investors dumped their investments and headed for the hills. Although we have seen a flurry of fix and flip investors come into this market, the majority of the investors we’ve seen are the buy and hold type. They’ve got cash and they’re looking for solid long-term cash flow returns on their money. Even the fix and flippers were smart enough to use cash this time around. So, if the market does take an unexpected down turn or level off, these investors won’t be hurt, because as long as their investment homes are returning a nice rental income month in month out, appreciation, although nice, is not mandatory for them to make money on their investments, thereby creating a much more stable real estate market.

So in conclusion, although we have seen a significant increase in home prices over the last couple of years here in the Phoenix/Anthem real estate market, factors such as over correction, home affordability, tighter lending practices, and a more stable investor class leads me to believe that our current real estate market is not in a bubble phase, just a healthy rebound from the worst real estate collapse since the Great Depression.

Please feel free to contact me, Jerry Murphy, at 602-334-3757 or e-mail: jwmurphy@longrealty.com if you have any questions about the Anthem real estate market or if you would like a current market analysis done for your home.

And for more information about Anthem, please visit: www.AllAboutAnthem.com

Just Listed - Beautiful Anthem Parkside Home....

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Wed, 10 Apr 2013 17:37:49 -0700

2611 W. Wayne Ln., Anthem, AZ 85086

Popular Tocatta model located in award winning master planned Anthem Parkside community. Very well maintained, beautiful 3 bedroom, 2 bathroom home with 3 car tandem garage. Granite counter tops in kitchen, Pergo flooring throughout heavy traffic areas. Computer nook in kitchen, two walk in closets in master bedroom, north/south exposure on an elevated lot with no two story homes nearby creating a very private backyard atmosphere. Lots of storage space, spacious utility room with sink and cabinets, pre-wired for security system, and ceiling fans throughout. Very close to schools and shopping. This home is a must see for even the most discriminating buyers. Home is covered by one year home warranty that transfers to buyers.

For more information call Jerry Murphy 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

To search for other Anthem homes please visit: JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report March 2013 Country Club

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Fri, 05 Apr 2013 19:26:58 -0700

Just as we thought, last month’s little dip in the Country Club home market was just an anomaly. The number of homes sold in March increased slightly from February. But more importantly, the average sale price continued on its upward trend. The average price per square foot increased as well, and more notably, the 12 month moving average shows us up by 18% in the Country Club. There are currently 61 homes actively on the market with 19 under contract, in the Country Club.

Here are the numbers for the Country Club through March 2013:

Mar. ’13 Feb. ’13 Mar. ’12 Mar. v. Feb. ’13 Mar. v. Mar. ‘13

Sold 12 10 39 +20% -69%

Avg. Sale Price $407,958 $279,200 $344,365 +46% +18%

Avg. List Price $420,025 $286,992 $357,600 +46% +17%

Sale/List Price 97% 97% 96% N/A +1%

Price per Sq. Ft. $148.60 $123.00 $120.09 +21% +24%

Days on Market 76 92 145 -17% -48%

Highest Sold $833,000 $492,500 $850,000

Lowest Sold $183,000 $175,000 $136,000

If ever you have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, please give me a call at 602-334-3757

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

To search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report March 2013

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Thu, 04 Apr 2013 16:15:06 -0700

The Anthem AZ real estate market continued it's strong performance in March, carrying forward from last year and through the beginning of this year. Home sales were steady for the month and the average sale price continued on it's upward trajectory, making last month's dip look more like an anomaly than a trend. The average price per square foot for March also continued to climb, up 14% over last year and the 12 month moving average sale price is up 21%. The number of homes on the market decreased quite a bit from February, only 136. And the days on market continues to be less than the 90 days we typically call a neutral market. Homes are selling much quicker these days. So things continue to look bright for the Anthem real estate market.

Here are the latest stats for the month ending 3/31/13:

Active Listings: 136 (Down 19% from Feb. '13, Up 6% from Mar. '12)

Homes Pending: 177 (Up 9% from Feb. '13, Down 25% from Mar. '12)

Homes sold in last 30 days: 37 (Same as Feb. '13, Up 42% from Mar. '12)

Burn rate (Inventory on market / by homes currently under contract) = 1.77 months supply

Avg. Sale price (Solds): $288,168 (Up 24% from Feb. '13, Up 11% from Mar. '12)

Avg. price per sq. ft. (Solds): $116.48 (Up 2% from Feb. '13, Up 14% from Mar. '12)

Avg. Days on Market (Solds): 74 (Up 4% Feb. '13, Down 44% from Mar. '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report February 2013 Parkside...

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Tue, 19 Mar 2013 19:30:01 -0700

The Anthem Parkside real estate market picked up a bit in February. The total number of homes sold in the Parkside in February was markedly higher than January’s total, and prices were still a bit flat. There are now 87 homes on the market in the Parkside at this time. This tells us that the smaller less expensive homes were still selling last month. We continue to see increases year over year. In fact the 12 month moving average has increased by 18% versus 2012. Currently there are 109 homes under contract, in the Parkside.

With prices increasing you may want to have an appraisal done on your home. You may have enough equity in your home to avoid paying mortgage insurance thereby saving hundreds of dollars per month. Here are the numbers for the Parkside through February 2013:

Feb. ’13 Jan. ’13 Feb. ’12 Feb. v. Jan. ’13 Feb. v. Feb. ‘13

Sold 24 17 54 +41% -56%

Avg. Sale Price $206,948 $206,541 $208,094 -- -1%

Avg. List Price $210,365 $212,976 $212,143 -1% -1%

Sale/List Price 98% 97% 99% +1% -1%

Price per Sq. Ft. $106.39 $106.50 $86.76 -- +23%

Days on Market 61 62 75 -2% -19%

Highest Sold $315,000 $338,900 $382,000

Lowest Sold $135,000 $135,000 $125,000

If ever you have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, please give me a call at 602-334-3757

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

To search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report February 2013

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Thu, 14 Mar 2013 17:28:31 -0700

The Anthem AZ real estate market is continuing it's strong trend from last year. Home sales were up for the month of February, but for the first time in a long time, the average sale price fell. This is probably more a symptom of smaller, less expensive homes selling, rather than some sort of impending trend. Case in point, the average price per square foot for February was still up 18% over last year. The number of homes on the market decreased a bit from January, only 163. And the days on market continues to edge down. Homes are selling much quicker these days. So things continue to look bright for the Anthem real estate market.

Home owners may want to get an appraisal done on their homes at this point. If you bought during the downturn and lost equity on your home, thereby forcing you into paying mortgage insurance, you may be eligible now, due to rising home prices, to have the mortgage insurance premium dropped. Saving you hundreds of dollars per month.

Here are the latest stats for the month ending 2/28/13:

Active Listings: 168 (Down 6% from Jan. '13, Up 14% from Feb. '12)

Homes Pending: 163 (Up 19% from Jan. '13, Down 27% from Feb. '12)

Homes sold in last 30 days: 37 (Up 76% from Jan. '13, Up 19% from Feb. '12)

Burn rate (Inventory on market / by homes currently under contract) = 2.03 months supply

Avg. Sale price (Solds): $232,899 (Down 28% from Jan. '13, Down 4% from Feb. '12)

Avg. price per sq. ft. (Solds): $114.09 (Down 11% from Jan. '13, Up 18% from Feb. '12)

Avg. Days on Market (Solds): 71 (Up 3% Jan. '13, Down 34% from Feb. '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report Country Club Feb. 2013

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Tue, 05 Mar 2013 18:37:00 -0800

The Country Club real estate market took a step backward last month. It’s probably just an anomaly in a long term upward trend. We’ll keep our eye on it. The number of homes sold in February decreased slightly from January. The average sale price dropped quite dramatically, but that could be attributable to smaller, less expensive homes selling. The average price per square foot dropped as well, but it’s still considerably higher than last year. And more notably, the 12 month moving average increased by 20%. Currently there are 74 homes actively on the market with 46 under contract, in the Country Club.

If you are paying mortgage insurance because the value of your home slipped below a 20% equity level during the downturn, with rising home prices, you may want to look into refinancing. You may be able to save yourself hundreds of dollars per month in mortgage insurance costs. Here are the numbers for the Country Club through February 2013:

Feb. ’13 Jan. ’13 Feb. ’12 Feb. v. Jan. ’13 Feb. v. Feb. ‘13

Sold 10 12 14 -17% -29%

Avg. Sale Price $279,200 $416,083 $302,414 -33% -8%

Avg. List Price $286,992 $428,775 $314,593 -33% -9%

Sale/List Price 97% 97% 96% N/A +1%

Price per Sq. Ft. $123.0 $145.7 $115.48 -16% +7%

Days on Market 92 72 111 +28% -17%

Highest Sold $492,500 $850,000 $530,000

Lowest Sold $175,000 $220,000 $125,000

If ever you have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, please give me a call at 602-334-3757

To search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Home Sales - Week of 2/18/13 - 2/24/13

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Tue, 26 Feb 2013 18:29:40 -0800

One of Anthem's fully stocked fishing ponds.

The following Anthem, AZ homes closed escrow during the week of 2/18/13 - 2/24/13:

41544 N Cedar Chase RD, 2 bedrooms, 2 bathrooms, 1,741 sq. ft., $215,000, Traditional Sale;

40703 N HARBOUR TOWN CT, 3 bedrooms, 3.5 bathrooms, 2,618 sq. ft., $302,000, Lender Owned

If you would like a free market evaluation of your home please contact Jerry Murphy at 602-334-3757 or jwmurphy@longrealty.com

For more information about Anthem, Arizona please visit: www.AllAboutAnthem.com

To search for other Anthem, AZ homes for sale go to: JWMurphy.LongRealty.com

Anthem home sales: Week of 2/11/13 - 2/17/13

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Fri, 22 Feb 2013 17:36:40 -0800

The following Anthem, AZ home was the only home to close escrow during the week of 2/11/13 - 2/17/13:

2101 W Cohen TRL, 3 bedrooms, 2.5 bathrooms, 2,663 sq. ft. $275,000, Short Sale

To a free market analysis for your home call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report January 2013 Serenity Villas

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Tue, 19 Feb 2013 15:21:30 -0800

Well, not much action in the Villas through January. Currently there are 4 homes actively on the market, with 3 under contract, in the Villas. Since no condos in the Villas closed escrow in January my analysis is somewhat limited. However, overall, the Anthem real estate market continues to improve.

Here are the latest stats for the month ending 1/31/13:

Active Listings: 4

Homes Pending: 3 (Up 300% from Dec. '12)

Homes sold in last 30 days: 0 (Down 3 sales from Dec. '12, Down 1 sale from Jan. '12)

Burn rate (Inventory on market / by homes currently under contract) = 2.33 months supply

Avg. Sale price (Solds): $0 ($120,000 in Dec. '12, $107,500 in Jan. '13

Avg. price per sq. ft. (Solds): $0 ($87.89 in Dec. '12, $80.10 in Jan. '12)

Avg. Days on Market (Solds): 0 (85 days in Dec. '12, 30 days in Jan. '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, Arizona please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report January, 2013 Parkside

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Mon, 11 Feb 2013 17:38:23 -0800

The Anthem Parkside is starting off the new year a bit of slow. Which is typical for this time of year. The total number of homes sold in the Parkside in January was slightly lower than December’s total and prices flattened a bit. There are now 95 homes on the market in the Parkside at this time. The average sale price decreased from December’s, but the price per square foot remained the same. This tells us that the smaller less expensive homes were selling last month. And we continue to see increases year over year. In fact the 12 month moving average has increased by 19% versus 2012. I don’t think we’ll maintain that rate of appreciation for much longer though. Currently there are 111 homes under contract, in the Parkside. Here are the numbers for the Parkside through January 2013:

Active Listings: 95 (Down 7% from December '12)

Homes Pending: 111 (Up 25% from December '12)

Homes sold in last 30 days: 17 (Down 11% from December '12, Down 65% from January '12)

Burn rate (Inventory on market / by homes currently under contract) = 1.86 months supply

Avg. Sale price (Solds): $206,541 (Down 19% from December '12, Up 10% from January '12)

Avg. price per sq. ft. (Solds): $106.50 (Same as December '12, Up 21% from January '12)

Avg. Days on Market (Solds): 62 (Down 25% from December '12, Down 27% from January '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem Animal Extravaganza and Pet Adopt-A-Thon

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Fri, 08 Feb 2013 12:56:41 -0800

The Anthem Animal Extravaganza and Pet Adopt-a-Thon is this Saturday, Feb. 9th at the Anthem Community Park. Activities start at 10AM and run through 3PM. There will be over 60 animal organizations and vets on site to answer any questions you may have. Micro-chipping services will be offered as well as a raffle and the Anthem Neighborhood Watch will conduct their "Watch Dog" parade.

Anthem, AZ Daddy-Daughter Dance

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Mon, 04 Feb 2013 15:31:59 -0800

Annual Anthem Daddy-Daughter Dance

Friday, February 8th, 2013

6 - 8 PM

Anthem Community Center

$10 per couple

For more information call the Anthem Community Center at 623-879-3000

And for more information about Anthem, Arizona please visit: www.AllAboutAnthem.com

Anthem, AZ Real Estate - Market Report January 2013 Country Club

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Sun, 03 Feb 2013 12:23:22 -0800

The Country Club real estate market is starting the new year off on a good foot. The number of homes sold in January increased slightly over December, although the average sale price slipped a little. However, the average price per square foot increased. Most notably, the 12 month moving average increased by 19%. Which means we are definitely in a seller’s market. Currently there are 84 homes actively on the market with 24 under contract, in the Country Club. Now is the best time for sellers to put their homes on the market, before the Spring/Summer months, when everyone will be selling their homes. Less supply = less competition = more money. Here are the numbers for the Country Club through January 2013:

Active Listings: 84 (Up 35% from December '12)

Homes Pending: 24 (Down 8% from December '12)

Homes sold in last 30 days: 12 (Up 9% from December '12, Down 33% from January '12)

Burn rate (Inventory on market / by homes currently under contract) = 4.5 months supply

Avg. Sale price (Solds): $416,083 (Down 1% from December '12, Up 56% from January '12)

Avg. price per sq. ft. (Solds): $145.79 (Up 7% from December '12, Up 34% from January '12)

Avg. Days on Market (Solds): 72 (Down 12% from December '12, Down 44% from January '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, Arizona please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report January 2013

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Fri, 01 Feb 2013 14:51:39 -0800

The Anthem AZ real estate started the new year well. Home sales fell off a bit, but prices continue to rise. The number of homes on the market increased a bit from December, only 179. The year over year average sales price and average price per sq. ft. continue to increase by 23% and 35% respectively. So things continue to look bright for the Anthem real estate market.

A note to prospective sellers, now is the time to put your home on the market. Don't wait for the spring and summer months, when everyone else will be putting their homes on the market. More supply means more competition for your home, which in turn means less bargaining power for you, leading to less money.

Here are the latest stats for the month ending 1/31/13:

Active Listings: 179 (Up 5% from Dec.. '12, Up 3% from Jan. '12)

Homes Pending: 137 (Up 27% from Dec. '12, Down 31% from Jan. '12)

Homes sold in last 30 days: 21 (Down 22% from Dec. '12, Down 56% from Jan. '12)

Burn rate (Inventory on market / by homes currently under contract) = 2.31 months supply

Avg. Sale price (Solds): $324,162 (Up 5% from Dec. '12, Up 72% from Jan. '12)

Avg. price per sq. ft. (Solds): $127.49 (Up 9% from Dec. '12, Up 35% from Jan. '12)

Avg. Days on Market (Solds): 69 (Down 8% Dec. '12, Down 32% from Jan. '12)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report December 2012 Serenity Villas

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Thu, 31 Jan 2013 16:14:09 -0800

Happy New Year! And things are holding pretty steady in the Villas through December. Currently there are 5 homes actively on the market, with 1 under contract, in the Villas. Average sale prices were up 24% over the same time last year, and price per sq. ft. was up 20%. Both VERY positive signs. Here are the numbers for the Villas through December 2012:

Here are the latest stats for the month ending 12/31/12:

Active Listings: 5

Homes Pending: 1 (Down 200% from Nov. '12)

Homes sold in last 30 days: 3 (Up 50% from Nov. '12, Up 50% from Dec. '11)

Burn rate (Inventory on market / by homes currently under contract) = 6 months supply

Avg. Sale price (Solds): $120,000 (Down 5% from Nov. '12, Up 24% from Dec. '11)

Avg. price per sq. ft. (Solds): $87.89 (Up 2% from Nov. '12, Up 20% from Dec. '11)

Avg. Days on Market (Solds): 85 (Up 166% from Nov. '12, Up 166% from Dec. '11)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Litchfield Park home with a pool for rent....

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Tue, 29 Jan 2013 18:43:42 -0800

Beautiful Anthem Home for Rent...

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Thu, 24 Jan 2013 18:28:12 -0800

Anthem, AZ Market Report - December 2012 Parkside

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Wed, 09 Jan 2013 05:12:26 -0800

Happy New Year! The Parkside finished off 2012 well. The total number of homes sold in the Parkside in November was slightly lower than November’s total, but prices continue to rise. There are now 102 homes on the market in the Parkside at this time. The average sale price increased over November’s, as well as the average price per square foot. And we continue to see increases year over year. In fact the 12 month moving average has increased by 19% versus 2011. I don’t think we’ll maintain that rate of appreciation for much longer though. Currently there are 89 homes under contract, in the Parkside. Here are the numbers for the Parkside through December 2012:

Active Listings: 102 (Down 5% from November '12)

Homes Pending: 89 (Up 6% from November '12)

Homes sold in last 30 days: 19 (Down 21% from November '12, Down 59% from December '11)

Burn rate (Inventory on market / by homes currently under contract) = 2.15 months supply

Avg. Sale price (Solds): $255,500 (Up 4% from November '12, Up 31% from December '11)

Avg. price per sq. ft. (Solds): $106.56 (Up 6% from November '12, Up 24% from December '11)

Avg. Days on Market (Solds): 83 (Up 32% from November '12, Down 6% from December '11)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report November 2012 Parkside

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Thu, 03 Jan 2013 16:59:27 -0800

Happy Holidays!. This time of year is always fun. Typically we see a slowdown in the real estate market during the holidays. The Parkside seems to bucking that trend a little this year. The total number of homes sold in the Parkside in November was slightly lower than October’s total, but prices continue to climb. There are now 107 homes on the market in the Parkside at this time. The average sale price increased over October’s, as well as the average price per square foot. And we continue to see increases year over year. In fact the 12 month moving average has
increased by 18% versus 2011. Keep an eye on that figure to get a clear picture of the trend. Currently there are 84 homes under contract,
in the Parkside. Here are the numbers for the Parkside through November 2012:

Here are the latest stats for the month ending 11/30/12:

Active Listings: 107 (Down 6% from October '12)

Homes Pending: 84 (Down 21% from October '12)

Homes sold in last 30 days: 24 (Down 4% from October '12, Down 35 from November '11)

Burn rate (Inventory on market / by homes currently under contract) = 2 months supply

Avg. Sale price (Solds): $244,583 (Up 8% from October '12, Up 28% from November '11)

Avg. price per sq. ft. (Solds): $100.30 (Up 2% from October '12, Up 22% from November '11)

Avg. Days on Market (Solds): 63 (Down 2% from October '12, Up 5% from November '11)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate - Market Report November 2012

Jerry Murphy, Anthem AZ Real Estate (Long Real Estate) — Fri, 28 Dec 2012 06:42:10 -0800

The Anthem AZ real estate is beginning to slow a bit, which is normal heading into the holiday season. Home sales were off a bit year over year. The number of homes on the market declined a bit from October, only 177, but the year over year average sale price and average price per sq. ft. continue to increase by 21% and 8% respectively. So things continue to look bright for the Anthem real estate market.

If you or someone you know are considering purchasing a home in Anthem, now's the time.

Here are the latest stats for the month ending 11/30/12:

Active Listings: 177 (Down 5% from Oct. '12, Down 16% from Nov. '11)

Homes Pending: 126 (Down 11% from Oct. '12, Down 17% from Nov. '11)

Homes sold in last 30 days: 19 (Down 39% from Oct. '12, Down 49% from Nov. '11)

Burn rate (Inventory on market / by homes currently under contract) = 2 months supply

Avg. Sale price (Solds): $242,316 (Down 3% from Oct. '12, Up 21% from Nov. '11)

Avg. price per sq. ft. (Solds): $99.62 (Down 2% from Oct. '12, Up 8% from Nov. '11)

Avg. Days on Market (Solds): 81 (Up 9% Oct. '12, Up 21% from Nov. '11)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com