Anthem, AZ Real Estate Market Report - Apr. 2018

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


The Anthem real estate market pulled back in April.  And the numbers are very similar to those of April 2017. The total number of homes sold dropped by 18% from March, and was down 13% from April 2017.  The average sale price of homes that sold in April was down 11% from March but was almost identical to April 2017.  The price per square foot also dropped by 3% versus March but was up 2% year over year.  The 12 month moving average ($335,850) barely increased month over month and is up 6% from last year.  Days on market decreased, now standing at 69 days, down 14% versus March and up 10% from April 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.98 month’s supply, leaning back toward a more balanced market.  There are now 198 homes on the market in Anthem, and 100 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 4/30/18:

Active Listings: 198 (Up 6% from Mar. '18, Down 4% from Apr. '17)

Homes Pending: 100 (Up 3% from Mar. '18, Down 22% from Apr. '17)

Homes sold in last 30 days: 75 (Down 18% from Mar. '18, Down 13% from Apr. '17)

Burn rate (Inventory on market / by homes currently under contract) = 2.98 months supply

Avg. Sale price (Solds): $326,695 (Down 11% from Mar. '18,  Same as Apr. '17)

Avg. price per sq. ft. (Solds): $145.63 (Down 3% from Mar. '18,  Up 2% from Apr. '17)

Avg. Days on Market (Solds): 69 (Down 14% from Mar. '18, Up 10% from Apr. '17)

Highest Sold: $587,000

Lowest Sold: $186,400

To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail:


To search Anthem homes for sale go to:


Like us on Facebook at:


And follow me on Twitter at: JWMIMAZRealtor


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Arizona Maricopa County Anthem
Almost Anything Goes
Law of Attraction for the REALTOR!
POSITIVE ATTITUDE for the Weary Soul
Anthem Homes for Sale
Cosmic Cow Pie...The Rome Way
homes for sale
real estate
market reports
long realty
jerry murphy
how do i buy a home
how do i get a home loan

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good evening Jerry - your market report is comprehensive and full of great information,  I am sure that buyers and sellers appteceateyour information.  

May 29, 2018 09:15 PM #1
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Jerry

There is some great information here for buyers and sellers. Do you think there is a shift starting to happen?


May 29, 2018 09:21 PM #2
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Jerry. Thanks for the market update. Enjoy your day!

May 30, 2018 05:00 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
Ask me a question
Spam prevention

Additional Information