Anthem, AZ real estate market report - December 2011

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

The real estate market in Anthem ended the year on high note.  The average sales price was up 13% over November and 5% December 2010.  For the year as whole the market seems to have leveled off, prices only being 2% off 2010 levels.   The number of homes on market  headed down to 205, about a 2 months supply. While the number of homes currently under contract edged down again.  Year over year sales have fallen by 44%. I would still say it looks like the  Anthem real estate market is steadily becoming a seller's market.  Here are the numbers for December 2011:

Dec. '11      Nov. '11       Nov. vs. Oct.   Dec. '11 vs. '10

# of homes Sold                         35              37                -5%                -44%       

Average Sale Price                   $225,330     $199,761          +13%                +5%       

Average List Price                   $227,716     $203,851          +12%                +4%       

Sale Price % of List Price                      100%           98%               +2%                +2%       

Avg. Price per Sq. Ft.                    $93.87        $91.85              +2%                +4%       

Avg. D.O.M. for Sales                      109              67                +63%               -13%      

Highest Sale Price                   $550,000     $489,000          +12%                +6%      

Lowest Sale Price                     $96,665      $114,000          -15%                +6%      

To get a free market valuation of YOUR home call Jerry 602-334-3757 or Ben 480-220-8022

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

And for more information about Phoenix, Scottsdale, and Anthem real estate visit www.ArizonaPremiereLiving.com

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Rainer
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Stacia Whatley
Hawkins-Poe Inc. - Gig Harbor, WA
StaciaSellsHomes Your Western WA Realtor®

That's awesome! Our area has been improving as well and I am very excited for 2012! I wish you much success this year!

Jan 06, 2012 02:03 PM #1
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Rainmaker
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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