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Anthem, AZ Market Report 3rd Qtr 2015 - Serenity Villas

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000

Happy Holidays! The 3rd Qtr showed an uptick in the Serenity Villas real estate market. The total number of homes sold in The Villas increased as well as the average price. The 3rd Qtr. also saw the days on market for those homes that sold shrink dramatically from the 2nd Qtr and last year collectively. There’s only 1 home on the market in The Villas at this time, an 80% decrease from the 2nd Qtr. The 12 month moving average price is up 3% versus 2014. And currently there are 2 homes under contract in The Villas. All of these numbers suggest a strong overall market in The Villas.

Here are the latest stats for the 3rd Quarter ending 9/30/15:

Active Listings: 1

Homes Pending: 2

Homes sold in last 30 days: 7 (Up 7% from 2nd Qtr. '15, Up 700% from 3rd Qtr. '14)

Burn rate (Inventory on market / by homes currently under contract) =  1.50  months supply

Avg. Sale price (Solds): $152,357  (Up 8% from 2nd Qtr '15,  Up 17% from 3rd Qtr. '14)

Avg. price per sq. ft. (Solds): $105.13  (Down 3% from 2nd Qtr. '15, Up 7% from 3rd Qtr. '14)

Avg. Days on Market (Solds): 37 (Down 55% from 2nd Qtr. '15, Down 72% from 3rd Qtr. '14)

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

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

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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

it is always good to read that the market is picking up. I hope it continues into 2016 across the US.   Merry Christmas! 

Dec 22, 2015 10:19 PM
Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

Thank you Lise.  Hope you had a great holiday.

Dec 26, 2015 07:57 AM