Anthem, AZ Real Estate Market Report - Dec. 2017

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


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:  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:


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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Thanks for your market report - I love reading what is going on in Anthem AZ

Jan 07, 2018 02:50 PM #1
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Best of luck!

Jan 07, 2018 04:50 PM #2
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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