Anthem, AZ The Villas Real Estate Market Report - Feb. 2018

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000
https://activerain.com/droplet/5bvT

 

The Villas real estate market ramped up in February. 4 homes closed escrow in The Villas for the month of February, the most since September 2017.   There are currently 5 homes on the market in The Villas.  And there are 3 homes under contract, which bodes well for March's market report. The 12 month moving average price, $168,834 edged up as well and is now up 11% versus February 2017. 

Here are the latest stats for the 31 days ending 2/28/18:

Active Listings: 5

Homes Pending: 3

Homes sold in last 90 days:  4 (Up 3 sales from Jan. '18,  Up 33% from Feb. '17)

Burn rate (Inventory on market / by homes currently under contract) = 2.67 months supply

Avg. Sale price (Solds): $186,250 (Up 24% from Jan. '18, Up 21% from Feb. '17)

Avg. price per sq. ft. (Solds): $143.60 (Up 15% from Jan. '18, Up 12% from Feb. '17)

Avg. Days on Market (Solds): 38 (Up 31% from Jan. '18, Up 317% from Feb. '17)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

 

To search Anthem, AZ homes for sale go to: www.AnthemAZhomesforsale.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

 

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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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