The Anthem real estate market bumped up slightly in December. The total number of homes sold increased 23% from November, but was down 12% from December 2016. However, the average sale price decreased 5% from November and was up 20% year over year. The price per square foot increased by 2% over November and up 3% year over year. The 12 month moving average ($327,171) continues to remain flat month over month and is now up 5% from last year. The days on market decreased, now standing at 71 days, down 30% versus November, dwon 5% from December 2016. The burn rate, (or homes under contract versus homes on the market) is now about 3.08 month’s supply, back to a more balanced market. There are now 135 homes on the market in Anthem, and 65 homes pending/under contract.
Download my mobile app at: LongRealtyapp.com/JerryMurphy to search for homes for sale, or just to find out what price that home down the street is listed.
Here are the latest stats for the month ending 12/31/17:
Active Listings: 135 (Down 1% from Nov. '17, Down 25% from Dec. '16)
Homes Pending: 65 Up 2% from Nov. '17, Down 22% from Dec. 16)
Homes sold in last 30 days: 49 (Up 23% from Nov. '17, Down 12% from Dec. '16)
Burn rate (Inventory on market / by homes currently under contract) = 3.08 months supply
Avg. Sale price (Solds): $347,303 (Down 5% from Nov. '17, Up 20% from Dec. '16)
Avg. price per sq. ft. (Solds): $146.00 (Up 2% from Nov. '17, Up 3% from Dec. '16)
Avg. Days on Market (Solds): 71 (Down 30% from Nov. '17, Up 5% from Dec. '16)
Highest Sold: $717,000
Lowest Sold: $225,000
To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: email@example.com
To search Anthem homes for sale go to: www.JWMurphy.LongRealty.com
Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769
And follow me on Twitter at: JWMIMAZRealtor