Anthem, AZ Real Estate Market Report - June 2018

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

Activity and prices ticked down a little in the Anthem real estate market through June.  The total number of homes sold slipped 5% from May, and was down 25% from June 2017.  The average sale price in June was down 1% versus May and was up 2% from June 2017.  The price per square foot increased by 1% versus May and was up 5% year over year.  The 12 month moving average ($338,616) was flat month over month and is now up 6% from last year.  Days on market decreased, now standing at 65 days, up 14% versus May and down 4% from June 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.94 month’s supply, signaling a balanced market.  There are now 188 homes on the market in Anthem, and 97 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 6/30/18:

Active Listings: 188 (Down 4% from May '18, Up 11% from June '17)

Homes Pending: 97 (Down 14% from May '18, Down 16% from June '17)

Homes sold in last 30 days: 78 (Down 5% from May '18, Down 25% from June '17)

Burn rate (Inventory on market / by homes currently under contract) = 2.94 months supply

Avg. Sale price (Solds): $343,565 (Down 1% from May '18,  Up 2% from June '17)

Avg. price per sq. ft. (Solds): $151.44 (Up 1% from May '18,  Up 5% from June '17)

Avg. Days on Market (Solds): 65 (Up 14% from May '18, Down 4% from June '17)

Highest Sold: $660,000

Lowest Sold: $199,900

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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Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good day 

Thank you for sharing your great information with us 

Have a great day.


Jul 06, 2018 05:59 PM #1
Joyce Marsh, Daytona Beach Florida
Joyce Marsh Real Estate - Daytona Beach, FL
Coastal Homes and Lifestyles

Very good market analysis and recap for current real estate activity in your area. 

Jul 06, 2018 07:49 PM #2
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this vital information.  It's most informative, and exactly the type of information that buyers and sellers need to make informed decisions.

Jul 07, 2018 06:46 AM #3
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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