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Anthem, AZ The Villas Real Estate Market Report - Sept. 2018

 
The Villas real estate market picked up in September. Three homes closed escrow in The Villas during the month, 2 more than August. There are currently 3 homes on the market in The Villas, and there's one home currently under contract. The 12 month moving average price, $187,188 continues to ratchet up and is up 16% versus September 2017. 
Here are the latest stats for the month ending 9/30/18:
Active Listings: 3
Homes Pending: 1
Homes sold in last 90 days: 3 (Up 300% from Aug. '18, Down 25% from Sept. '17)
Burn rate (Inventory on market / by homes currently under contract) = 4.00
Avg. Sale price (Solds): $197,167 (Down 8% from Aug. '18, Up 14% from Sept. '17)
Avg. price per sq. ft. (Solds): $144.48 (Up 8% from Aug. '18, Up 8% from Sept. '17)
Avg. Days on Market (Solds): 35 (Down 27% from Aug. '18, Up 59% from Sept. '17)
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, AZ homes for sale go to: www.AnthemAZhomesforsale.com
  
Follow me on Instagram at JerryMurphyIMAZRealtor
 
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