The Anthem AZ real estate market continues to improve and strengthen as we enter the summer buying months. The number of homes actively on the market increased slightly. However, the number of homes that are pending and those that sold in June took a slight dip. And, as has been the trend over the past year, the average sale price continues to increase. The number of days on market average, inched up to 72 days. Anthem is leading the valley in the category of fewest days on market per sold home. The burn rate remains at 2 months. Based on these statistics we are in a full fledged seller's market in Anthem. Albeit most sales will be short sales for some time to come as most Anthem home owners have not recovered the lost equity caused by the steep market downturn.
If you or someone you know are considering purchasing a home in Anthem, now's the time.
Here are the lastest stats for the week ending 6/30/10:
Active Listings:207 (Down 10% from May '10, Up 12% from June '09)
Homes Pending: 214 (Down 18% from May '10, Down 11% over June '09)
Homes sold in last 30 days: 96 (Down 11% from May '10, Up 9% from June '09)
Burn rate (Inventory on market / by homes currently under contract) = 2 months supply
Avg. Sale price (Solds): $230,240 (Up 8% from May '10, Up 2% from June '09)
Avg. price per sq. ft. (Solds): $92.42 (Up $1.76 per Sq. Ft. from May '10, Up 3% from June '09)
Avg. Days on Market (Solds): 83 (Up 11 days from May '10, Down 27 days, 25% from June '09)
For graphical interpretation of this data please visit: www.allaboutanthem.com
For more general information about Anthem visit: www.onlineatanthem.com
And for more information about myself and my business partner and the Anthem real estate, Phoenix real estate, and Scottsdale real estate markets please visit our website at:
Comments(0)