buyers: Anthem, AZ The Villas Real Estate Market Report - Oct. 2018 - 11/19/18 05:09 PM

The Villas at Anthem real estate market had no sales during October, 3 less than September and 1 less than October 2017. There are currently 4 homes on the market in The Villas, and 2 homes currently under contract. The 12 month moving average price, $188,492 continues to ratchet up and is up 16% versus October 2017. 
Here are the latest stats for the month ending 10/31/18:
Active Listings: 4
Homes Pending: 2
Homes sold in last 90 days: 0 (Down 300% from Sept. '18, Down 100% from Oct. '17)
Burn rate (Inventory on market / by homes currently under contract) = 3.00
Avg. Sale price (Solds): $0 (Down 100% … (0 comments)

buyers: Anthem, AZ Parkside Real Estate Market Report - Sept. '18 - 10/11/18 02:36 PM

 
The Anthem Parkside real estate market returned to its stagnating ways in September. Sales activity was down as were prices. Home sales decreased 12% from August but were up 4% year over year.  The average sale price decreased 3% versus August but was up 13% over September 2017.  The average price per square foot decreased 4% from August, but was up 5% year over year for the Parkside. The average days on market was up 7% compared to August and was up 5% versus September 2017. The inventory of homes on the market is at a 2.61 month’s supply, still marking a seller's … (1 comments)

buyers: Anthem, AZ Country Club Real Estate Market Report - Setpember 2018 - 10/10/18 11:34 AM

The Anthem Country Club real estate market saw activity delcine and prices increase during September. The total number of homes sold in the Country Club was down 12% versus August but was up 28% over September 2017.  The average sale price rose by 13% over August, and was up 30% over September 2017. The price per square foot also rose 8% over August and was up 12% year over year.  The days on market rose 14% versus August, and was up 12% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.81 month’s supply, still … (1 comments)

buyers: Phoenix, AZ Real Estate Market Report - Sept. 2018 - 10/05/18 04:23 PM

 
Homes sales and prices dropped during September in the Phoenix, AZ real estate market.  The number of homes sold fell by 17% versus August, and were down 5% from last year. The average sale price was down 3% from August, but still up 8% over September 2017. Sellers continue to get about 98% of their list price. The number of homes on the market increased 2% over August, and is still down 6% versus last year.  The 12 month moving average sale price, now at $293,320 (up 9% from the previous year), continues to edge up.  The days on market is at 60, … (2 comments)

buyers: Anthem, AZ The Villas Real Estate Market Report - Aug. 2018 - 10/01/18 04:47 PM

The Villas real estate market slumped in August. Only 1 home closed escrow in The Villas during the month, 2 less than June. There are currently 3 homes on the market in The Villas.  However, there are no homes currently under contract. The 12 month moving average price, $183,827 continues to ratchet up and is up 16% versus August 2017. 
Here are the latest stats for the month ending 8/31/18:
Active Listings: 3
Homes Pending: 0
Homes sold in last 90 days: 1 (Down 67% from July '18, Down 50% from Aug. '17)
Burn rate (Inventory on market / by homes currently under contract) = N/A
Avg. Sale price (Solds): $215,000 (Up … (0 comments)

buyers: Anthem, AZ Parkside Real Estate Market Report - Aug. '18 - 09/27/18 06:18 PM

 
The Anthem Parkside real estate market broke through its ceiling in August, ending a streak of stagnation over the past several months. Both activity and prices rose. Home sales increased 5% from July and were up 28% year over year.  The average sale price increased 8% versus July and was up 3% over August 2017.  The average price per square foot remained the same versus July, but was up 5% year over year for the Parkside. The average days on market remained the same compared to July but was up 17% versus August 2017. The inventory of homes on the market is at … (1 comments)

buyers: Anthem, AZ Country Club Real Estate Market Report - August 2018 - 09/20/18 05:22 PM

Much like the Anthem community as a wholea both price and activity increased in the Anthem Country Club real estate market during August. The total number of homes sold in the Country Club was up 30% over July and up 63% over August 2017.  The average sale price rose by 9% versus July, and was up 15% over August 2017. The price per square foot also rose 1% over July and was up 10% year over year.  The days on market rose 9% versus July, and was up 10% year over year. The burn rate, (or homes under contract versus homes on the … (1 comments)

buyers: Anthem, AZ Real Estate Market Report - August 2018 - 09/19/18 06:56 PM

For the first time in a while both sales activity and prices increased in the Anthem real estate market during August.  The total number of homes sold increased 6% over July, but was down 7% from August 2017.  The average sale price in August was up 11% over July and was up 15% from August 2017.  The price per square foot was down 1% versus July but was up 9% year over year.  And the 12 month moving average ($343,301) was up 1% over July, now up 7% from last year.  Days on market increased, now standing at 68 days, down 3% versus … (1 comments)

buyers: Scottsdale, AZ Real Estate Market Report - August 2018 - 09/18/18 03:52 PM

 
Prices rose, but activity continued to decline in the Scottsdale real estate market during August. The number of homes sold was down 6% from July but up 2% from last August. The average sale price increased 5% over July and was up 9% from August 2017. The 12 month moving average sale price was up 7% from a year ago,  now standing at $569,097.  The number of homes on the market is 2,134, 1% more than July, and 10% less than August 2017.  The days on market is at 103 up 6% from last year and the burn rate (homes pending/home sold) … (1 comments)

buyers: Stay safe and enjoy your weekend..... - 08/31/18 04:45 PM

(4 comments)

buyers: Buyers! Sellers! I may have an agent for you..... - 01/13/17 02:19 PM

 
I work a lot with people relocating from other states.  Often these folks are referred to me by an agent they use in their respective town.  But all too often buyers, and even sellers will choose an agent who they are unfamiliar with in an unfamiliar area. This is where I, or your agent can come in handy for you.  
We as agents are constantly networking with each other, either via sites like Active Rain, or industry releated conventions and events.  So we probably know of a good agent in your area or the area you're headed to who can assist … (3 comments)

buyers: 6 Signs That Your Market is Flipping to a Buyer's Market.... - 10/25/16 02:53 AM

 
For the past several years our, the Phoenix/Scottsdale area, market as well as many other markets around the country have been pretty much a seller's market.  But how can you tell when your market is shifting to a buyer's market? And I'm not talking about a free fall like 2008-2010, just a normal shift.  Well, there are several factors:
 
1. The days on market in a lot of areas is starting to grow.  Historically a balanced market (neither favoring sellers nor buyers) has been benchmarked by 90 days on the market for homes to sell.  So if you see the days on … (1 comments)

buyers: 12 Questions to ask your next Realtor..... - 09/28/16 02:56 AM

 
Hiring a Realtor is an important task when you're considering selling your home.  Below are 12 questions you should ask any Realtor you're interviewing for the job:
 
1. What professional designations have you earned?
2. How many years have you been in the business?
3. Do you provide a home display book for prospective buyers?
4. What is your average days on market per listing sold?
5. What is your average sales to list price ratio?
6. What types of reports do you provide sellers?
7. Will you be marketing with in my neighborhood?
8. May I see a sample property brochure?
9. What is your written marketing plan?
10. May … (7 comments)

buyers: 5 things first time home buyers need to consider... - 09/14/16 04:12 AM

I love working with first time home buyers.  The excitement of buying a home is fresh for them, which makes it fun for everyone.  Sure, there’s some additional educating and advice to dispense, but I find first time home buyers are lot more receptive to what we Realtors have to say than folks who have bought and sold several homes through the years.  But there are some questions new home buyers need to ask themselves before jumping into the fray.
     . Do you have enough money for furnishings? Often first time home buyers have been renting a home for a while … (6 comments)

buyers: You say you really want that house? Then make an offer. - 09/14/12 02:55 AM
Countless times throughout my real estate careers I have heard from buyers,
"I really want that house".  Only to have them wait to see if the sellers reduce their price.  And then....someone else buys the house.  Now, let me back track here to tell my fellow real estate agents, YES, I have told them they should make an offer.  But in this era of "looking for a steal" many buyers miss out on great opportunities because they try to play a game of cat and mouse with sellers.
Buyers, you will never know how motivated a seller is to sell their … (2 comments)

 
Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate (Long Realty West Valley) Rainmaker large

Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate

Anthem, AZ

More about me…

Long Realty West Valley

Address: 3655 W. Anthem Way, Ste A-109, PMB 212, Anthem, AZ, 85086

Office: (602) 334-3757

Mobile: (602) 334-3757

Email Me

All you want to know about Anthem, AZ real estate, in addition to the greater Phoenix and Scottsdale real estate markets.


Listings

Links

Archives

RSS 2.0 Feed for this blog