Anthem, AZ Market Report 2nd Qtr 2015 - Serenity Villas

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

The second quarter of 2015 was pretty flat for the Serenity Villas at Anthem real estate market. Home sales were up just slightly from the first quarter of the year but double the same time last year. The average sale price was flat as well as the average price per square foot. The average days on market has decreased, less than 3 months now, however it is taking far longer to sell homes in the Villas than it did at this time last year. The 12 month moving average, $141,208 is about the same as last year.  The number of homes currently on the market is now 5, more than twice the amount we had last year. And the number of homes currently under contract in the Villas is 2, up 100% year over year.

Here are the latest stats for the 2nd Quarter ending 6/30/15:

Active Listings: 5

Homes Pending: 2

Homes sold in last 30 days: 6 (Up 6% from 1st Qtr. '15, Up 100% from 2nd Qtr. '14)

Burn rate (Inventory on market / by homes currently under contract) =  3.50 months supply

Avg. Sale price (Solds): $141,083  (Even with 1st Qtr '15,  Down 4% from 2nd Qtr. '14)

Avg. price per sq. ft. (Solds): $108.35  (Down 1% from 1st Qtr. '15, Up 1% from 2nd Qtr. '14)

Avg. Days on Market (Solds): 82 (Down 27% from 1st Qtr. '15, Up 356% from 2nd Qtr. '14)

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Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Thank you for sharing Anthem market report. It is always nice to read how the market is doing in other parts of the country. Although, I have found that Anthem's report is very similar to my local market report.

Jul 31, 2015 10:40 AM #1
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Jerry - This is very good market report in Anthem, Arizona during 2nd quarter 2015.

Jul 31, 2015 02:20 PM #2
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Jerry Murphy Thanks for the market update.  This is most helpful information for buyers and sellers alike!

Aug 01, 2015 02:22 AM #3
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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