The Anthem, AZ real estate market is continuing on a steady pace through the summer season. The number of homes sold was down 16% from a year ago, but the 12 month moving average sale price continues to edge up, climbing to $310,123, up 4% from the previous year and nearing our pre crash high. The number of homes on the market is 213 with the days on market at 88, 13% longer than last year. Combined with a burn rate of 3.20 months supply, and we have a very balanced market in Anthem.
Here are the latest stats for the month ending 6/30/16:
Active Listings: 213
Homes Pending: 97
Homes sold in last 30 days: 82 (Down 7% from May '16, Down 16% from June '15 )
Burn rate (Inventory on market / by homes currently under contract) = 3.20 months supply
Avg. Sale price (Solds): $325,538 (Up 4% from May '16, Down 2% from June '15)
Avg. price per sq. ft. (Solds): $135.96 (Down 1% May '16, Up 3% from June '15)
Avg. Days on Market (Solds): 88 (Up 19% from May '16, Up 13% from June '15)
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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