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

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

The Villas real estate market slumped in August. Only 1 home closed escrow in The Villas during the month, 2 less than June. There are currently 3 homes on the market in The Villas.  However, there are no homes currently under contract. The 12 month moving average price, $183,827 continues to ratchet up and is up 16% versus August 2017. 

Here are the latest stats for the month ending 8/31/18:

Active Listings: 3

Homes Pending: 0

Homes sold in last 90 days: 1 (Down 67% from July '18, Down 50% from Aug. '17)

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

Avg. Sale price (Solds): $215,000 (Up 10% from July '18, Up 41% from Aug. '17)

Avg. price per sq. ft. (Solds): $134.21  (Down 6% from July '18, Up 6% from Aug. '17)

Avg. Days on Market (Solds): 48 (Up 9% from July '18, Down 13% from Aug. '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

 

 

Follow me on Instagram at JerryMurphyIMAZRealtor

 

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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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