Anthem, AZ The Villas Real Estate Market Report - May 2018

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000
https://activerain.com/droplet/5d7d

 

The Villas real estate market remained similar to April through May. 3 homes closed escrow in The Villas during May, the same as April. There are currently 2 homes on the market in The Villas.  And there are 3 homes under contract, which foreshadows a similar report in June. The 12 month moving average price, $173,353 ticked up a little and is still up 9% versus May 2017. 

Here are the latest stats for the 31 days ending 5/31/18:

Active Listings: 2

Homes Pending: 3

Homes sold in last 90 days:  3 (Same as April '18,  Down 25% from May '17)

Burn rate (Inventory on market / by homes currently under contract) = 1.67

Avg. Sale price (Solds): $175,500 (Down 11% from Apr. '18, Up 1% from May '17)

Avg. price per sq. ft. (Solds): $136.62  (Up 2% from Apr. '18, Up 16% from May '17)

Avg. Days on Market (Solds): 41 (Down 59% from Apr. '18, Up 141% from May '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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Rainmaker
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Joyce Marsh, Daytona Beach Florida
Luxury Expert, Premier Sotheby's International Realty - Daytona Beach, FL
Presenting The Finest in Florida Luxury Living...

Real estate market trends are important to review in this fast paced market. Buyers and sellers appreciate updated Market snapshot reports. 

Jul 02, 2018 05:00 AM #1
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Rainmaker
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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