The market continues to remain hot in Anthem. The number of homes actively on the market continues to decline which brings us closer and closer to a balanced market, 5 months supply of homes, approximately 90 days on market to sell homes. We are starting to see prices increasing slightly, but not at a break neck rate.
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 9/30/08:
Active Listings: 381
Homes Pending: 106
Homes sold in last 30 days: 75 (Even with August '08, up 341% over September '07)
Burn rate (Inventory on market / by homes sold last 30 days) = 5 months supply
Avg. Sale price (Solds): $279,171 (Up 3% from August '08, Down 26% from September '07)
Avg. price per sq. ft. (Solds): $114.14 (Up $1.40 per Sq. Ft. from August '08, Down 30% from Sept. '07)
Avg. Days on Market (Solds): 108 (Even with August 08, Down 46 days, 30% from Sept. '07)
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:
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