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Anthem, AZ Real Estate Update June '08

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

The market continues to remain hot in Anthem.  Here are the lastest stats for the week ending 6/30/08:

Active Listings: 491

Homes Pending: 115

Homes sold in last 30 days: 76 (down 10% from May '08, up 77% over June '07)

Burn rate (Inventory on market / by homes sold last 30 days) =  6 months supply

Avg. Sale price (Solds): $307,000 (Down 3% from May. '08, Down 25% from June '07)

Avg. price per sq. ft. (Solds): $118.72 (Down $6.97 per Sq. Ft. from May. '08, Down 29% from June '07)

Avg. Days on Market (Solds): 145 (Up 19 days, 15% from May 08, Down 1 days, 1% from June '07)

For graphical interpretation of this data please visit: www.allaboutanthem.wordpress.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:

http://www.arizonapremiereliving.com/

Comments (1)

Hunter Herbert
London Financial Capital - Berry Creek, CA

Hows the forclosure market and Short Sale market there right now?  I am interested in buying in the Cave Creek, Carefree area and I just want to know what to expect when I start looking.

Jul 02, 2008 11:52 AM