short sales: Phoenix real estate - Market report for May 2011
- 08/10/11 01:30 PM
May continued to show a drop off in the number of homes sold in Phoenix. The number of homes on the market is currently 4,742, with a burn rate of a little over 2 months. And there are 5,594 homes in pending status as well. The average sale price is starting to stabilize as well as the bottom of the market seems to be near. There are still some very good deals on the market as noted by the lowest priced homes sold, however, my hunch is that these were extreme fixer uppers. Maybe even tear downs. The luxury end of … (0 comments)
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short sales: You Gotta Move...
- 08/10/11 01:27 PM
In addition to be one of my favorite songs by the Rolling Stones (originally written and performed by Fred McDowell), 'You Gotta Move" could very well be the mantra for home buyers in the Phoenix area searching for homes less than $100,000.
http://www.youtube.com/watch?v=mUCoQryE7-k
Over the past couple of years this segment of the Phoenix real estate market has been H-O-double T HOT!!! And if you're a buyer or investor in this price range you better move on a property quick. AND you're probably going to have to make a full priced offer.
In the last year, according to our Phoenix MLS … (0 comments)
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short sales: Anthem home sales - Week of 7/25/11 - 7/31/11
- 08/10/11 01:27 PM
The following Anthem homes closed last week:
41371 N YORKTOWN TRL, 3 bedrooms, 2 bathrooms, 1,577 sq. ft., Short sale, $135,000;
3039 W WHITMAN DR, 4 bedrooms, 2 bathrooms, 2,109 sq. ft., Private seller, $181,500;
1631 W LAUREL GREENS DR, 4 bedrooms, 3.5 bathrooms, 3,304 sq. ft., Pool, Short sale, $385,000;
41429 N CLUB POINTE DR, 3 bedrooms, 3.5 bathrooms, 3,437 sq. ft., Pool, Short sale, $370,000;
40007 N MAIDSTONE CT, 5 bedrooms, 3.5 bathrooms, 3,890 sq. ft., Pool, Bank owned, $400,000;
1814 W CAMARGO CT, 5 bedrooms, 4.5 bathrooms, 4,319 sq. ft., Pool, Short sale, $530,000
To receive a free … (0 comments)
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short sales: Anthem home prices - Things are stabilizing...
- 08/10/11 01:26 PM
No doubt Anthem real estate prices have been hit hard by the downturn in the market over the past four years. But upon close analysis we're seeing that prices may have hit bottom and are truly stabilizing:
I've compiled a quick analysis of home prices in Anthem over the past five years through present (August 6th, 2011 as of this post):
Average Sale Price % Change Y.O.Y.
2011 (thru 8/6/11) $215,141 -1.5%
2010 $218,339 -0.1%
2009 … (0 comments)
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short sales: Anthem AZ Real Estate - Country Club Market Report July '10
- 08/10/11 01:26 PM
The Country Club section of Anthem rebounded nicely in July. Sales increased to 13 for the month. The average sale price of those 13 homes increased again, month over month as well as year over year. Reading into the numbers, it seems that the larger homes are starting to move as the price per square foot decreased, but the average sale price increased. That being said, as I stated last month, it looks like the bargain basement homes may be a thing of the past in the Country Club. Here's a look at the numbers for July:
July '11 June '11 … (0 comments)
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short sales: Anthem AZ Real Estate - Market report July 2011 Parkside
- 08/10/11 01:25 PM
The Anthem Parkside market also saw some nice price appreciation in the month of July. Although the pace of sales continued to taper off in July. The average sale price rose 13% month over and month and 1% year over year. And much like the Country Club, it seems that the larger homes are selling since the price per square foot pretty much remained the same. Here are the statistics for the Parkside for July 2011:
July '11 June '11 7/11 vs. 6/11 7/11 vs. 7/10
Active homes … (0 comments)
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short sales: Anthem home sales - Week of 8/1/11 - 8/7/11
- 08/10/11 01:24 PM
These are the Anthem homes that closed last week:
41363 N GLOBE CT, 3 bedrooms, 2.5 bathrooms, 1,661 sq. ft., $107,000, Short sale;
43526 N 44TH LN, 3 bedrooms, 2 bathrooms, 2,147 sq. ft., Pool, $165,000, Short sale;
41904 N Alistair WAY, 4 bedrooms, 3.5 bathrooms, 2,981 sq. ft., $375,000, Private seller;
1506 W SILVER PINE DR, 5 bedrooms, 4.5 bathrooms, 4,319 sq. ft., Pool, $575,000, Corporate relocation
For a free market valuation on your home please call Jerry at 602-334-3757 or Ben at 480-220-8022.
For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com
And for more information about … (0 comments)
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short sales: Anthem AZ Real Estate Market Report May 2011 - Country Club
- 06/21/11 01:25 PM
The market has continued to gain some strength in the Country Club section of Anthem. Year over year the average sale price is down 3% but the price per sq. ft. actually increased by 2%. Which is a good precursor to prices in general rising soon.
May '11 April '11 5/11 vs. 4/11 5/11 vs. 5/10
Active homes 66 55 +20% N/A
Pending homes 31 55 -44% N/A
Sold homes 22 21 +5% Even
Avg. Sale Price $276,959 $261,046 … (1 comments)
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short sales: Anthem home for lease...
- 06/09/11 02:27 PM
Fantastic Anthem Home for Lease!!!
… (1 comments)
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short sales: Anthem home sales: Week of 5/16/11 - 5/22/11
- 05/30/11 10:35 AM
Here are the homes that sold for the week of 5/16/11 through 5/22/11:
42109 N 46 DR, 4 bedroom, 2 bathroom, 2,369 sq. ft., $149,000, Short Sale;
40833 N CAPRA WAY, 4 bedroom, 2.5 bathroom, 2,469 sq. ft., $155,000, Short Sale;
42958 N OUTER BANK CT, 3 bedroom, 2 bathroom, 1,806 sq. ft., $162,000, Private Seller;
2707 W BISBEE WAY, 4 bedroom, 3 bathroom, 2,199 sq. ft., Pool, $182,000, Short Sale,
42825 N 45TH LN, 5 bedroom, 3.5 bathroom, 3,707 sq. ft., $234,000, Private Seller;
2238 W MUIRFIELD DR, 3 bedroom, 3 bathroom, 2,002 sq. ft., $289,100, Private Seller.
For more … (1 comments)
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short sales: Anthem rental market is hot...
- 05/23/11 03:44 PM
Not only is the Anthem home resale market picking up steam but the rental market in Anthem has been red hot for the past year or so. With tighter lending restrictions and many people with damaged credit rentals have become a highly demanded commodity in Anthem.
Over the last six months 192 homes have been leased in Anthem.
The average lease price for those 192 homes was $1,437 per month for a 2,133 sq. ft. home on average. The average days on market for these rentals was only 28 days.
If you have a home in Anthem that you are considering … (1 comments)
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short sales: Anthem floor plans - Acadia
- 05/21/11 01:46 PM
Acadia floor plan The Acadia, or sometimes referred to as the Durango model is a 2 bedroom, 2 bathroom home with den and great room living area format. With a unique diagonal entry way the Acadia is one of the more popular models in the Anthem Country Club. Many homeowners chose to have an optional front yard casita built as well with this model. The Acadia offers 1,741 sq. ft. of living space. With casita the square footage is approximately 150 sq. ft. larger, plus the additional bedroom and bathroom. The current value of Acadia's is between $152,000-$213,500 depending on whether … (2 comments)
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short sales: Anthem home sales week of 5/9/11 - 5/15/11
- 05/19/11 01:05 PM
Here are all of the homes that sold in Anthem last week:
3880 W RANIER CT. 5 bedroom, 3 bathroom, 2,168 sq. ft., Pool, $144,000, Short Sale;
1608 W KURALT DR. 4 bedroom, 2.5 bathroom, 2,168 sq. ft., Pool, $148,000, Short Sale;
41023 N LAMBERT TRL. 3 bedroom, 3 bathroom, 2,645 sq. ft., $280,000, Short Sale.
For more information about Anthem, Phoenix, and Scottsdale area real estate please visit: www.ArizonaPremiereLiving.com
… (1 comments)
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short sales: Anthem Real Estate Market Analysis - Parkside April 2011
- 05/18/11 11:02 AM
Because there are differences between the values of the Country Club homes and the Parkside homes in Anthem I will be breaking the two segments of the community out in separate reports beginning this month. I will continue to do an overall Anthem report as well. Here are the statistics for the Parkside for April 2011:
April '11 Mar. '11 4/10 vs. 3/10 4/11 vs. 4/10
Active homes 87 N/A N/A N/A
Pending homes 187 N/A N/A N/A
Sold homes 39 87 -55% -52%
Avg. Sale Price $179,084 … (1 comments)
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short sales: Anthem Real Estate - Market Analysis:Country Club Homes April 2011
- 05/17/11 05:05 AM
Because there are differences between the values of the Country Club homes and the Parkside homes in Anthem I will be breaking the two segments of the community out in separate reports beginning this month. I will continue to do an overall Anthem report as well.
April '11 Mar. '11 4/10 vs. 3/10 4/11 vs. 4/10
Active homes 55 N/A N/A N/A
Pending homes 55 N/A N/A N/A
Sold homes 21 22 -5% -19%
Avg. Sale Price $261,046 $291,370 -10% -20%
% of List Price 97% 99% -2% -1%
Avg. Sq. Ft. Price $106.49 … (1 comments)
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short sales: Anthem AZ Real Estate - Market Report April 2011
- 05/14/11 12:20 PM
April continued the positive streak in the number of homes sold in Anthem. Again, typical of this time of year. We're still quite a bit off of last year's pace. That may be explained by the fact that the "bargains" are fastly disappearing from the market. And there are fewer bank owned homes on the market in Anthem as, therefore buyers are relegated to purchasing short sales, which take much longer to close. In fact, there are fewer homes PERIOD on the market in Anthem, with only 149 active listings at this time, approaching levels we haven't seen 2005/06. Pending sales … (2 comments)
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short sales: WHATEVER you do, don't buy a house right now...
- 05/11/11 05:57 AM
Unless you want to pay a higher price and higher interest rates.
Anyone interested in buying a home in the Phoenix real estate market, especially anything listed at $100,000 or less, you better move fast. And be willing to pay list price. Our market is fast becoming a seller's market in that price range. We've seen many, many, a client miss out on great opportunities because they didn't move quickly enough or they insisted on making an offer less than list price.
Part of being a good agent is giving our clients sound advice. Whether they follow it or not is … (3 comments)
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short sales: Anthem AZ real estate - Market report for April 2011
- 05/07/11 02:39 PM
April continued the positive streak in the number of homes sold in Anthem. Again, typical of this time of year. We're still quite a bit off of last year's pace. That may be explained by the fact that the "bargains" are fastly disappearing from the market. And there are fewer bank owned homes on the market in Anthem as, therefore buyers are relegated to purchasing short sales, which take much longer to close. In fact, there are fewer homes PERIOD on the market in Anthem, with only 149 active listings at this time, approaching levels we haven't seen 2005/06. Pending sales … (0 comments)
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short sales: Anthem home sales: Week of 4/18/11 - 4/24/11
- 04/28/11 10:09 AM
These are the latest homes to sell in Anthem:
39710 N Harbour Town WAY, 3 Bedroom, 2 Bathroom, 1,135 Sq. Ft. $105,000, Short sale;
39533 N HARBOUR TOWN WAY, 2 Bedroom, 2 Bathroom, 1,135 Sq. Ft., $107,614, Lender owned;
39610 N PRAIRIE LN, 4 Bedroom, 2 Bathroom, 1,827 Sq. Ft., $120,000, Short sale;
1908 W STEINBECK DR , 2 Bedroom, 2 Bathroom, 1,330 Sq. Ft., $124,500, Short sale;
43349 N VISTA HILLS DR, 3 Bedroom, 2 Bathroom, 1,432 Sq. Ft., $150,000, Private seller;
42911 N 43RD DR, 5 Bedroom, 3 Bathroom, 2,700 Sq. Ft., $157,000, Short sale;
41209 N LAUREL VALLEY … (1 comments)
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short sales: Anthem home sales: 4/11/11 - 4/17/11
- 04/23/11 01:45 PM
These are the latest homes to close in Anthem:
40717 N TERRITORY TRL, 2 Bedroom, 2 Bathroom, 1,672 Sq. Ft., $121,500, Short sale;
40812 N CITRUS CANYON TRL, 3 Bedroom, 2 Bathroom, 1,432 Sq. Ft., $137,500, Private Seller;
3880 W RANIER CT, 5 Bedroom, 3 Bathroom, 2,168 Sq. Ft., Pool, $144,000, Short Sale;
2720 W PLUM HOLLOW DR, 4 Bedroom, 3 Bathroom, 2,661 Sq. Ft., Pool, $297,000, Private Seller;
40513 N Travis TRL, 5 Bedrroom, 3 Bathroom, 3,363 Sq. Ft., Pool, $320,000, Short Sale.
For more information about Anthem, Phoenix, or Scottsdale area real estate please visit www.ArizonaPremiereLiving.com
… (0 comments)
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May continued to show a drop off in the number of homes sold in Phoenix. The number of homes on the market is currently 4,742, with a burn rate of a little over 2 months. And there are 5,594 homes in pending status as well. The average sale price is starting to stabilize as well as the bottom of the market seems to be near. There are still some very good deals on the market as noted by the lowest priced homes sold, however, my hunch is that these were extreme fixer uppers. Maybe even tear downs. The luxury end of … (0 comments)
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