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

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

 

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

 

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Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

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