Anthem, AZ Real Estate Market Report - Nov. 2018

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


Home sales declined for the third month in a row and prices dropped for the second month in a row in the Anthem real estate market during November.  The total number of homes sold dropped 7% from October, but was up 35% versus November 2017.  The average sale price in November was down 6% from October and down 10% from November 2017.  The price per square foot decreased 2% versus October and was up 8% year over year. The 12 month moving average ($348,620) dropped 1% from October, and is up 8% from last year.  The days on market increased to 74, up 23% versus October and down 27% from November 2017. The burn rate, (or homes under contract versus homes on the market) remains at 3.00 month’s supply, a pretty balanced market.  There are now 142 homes on the market in Anthem, and 71 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 11/30/18:

Active Listings: 142 (Down 13% from Oct. '18, Up 14%. Nov. '17)

Homes Pending: 71 (Down 9% from Oct. '18, Down 11% from Nov. '17)

Homes sold in last 30 days: 54 (Down 7% from Oct. '18, Up 35% from Nov. '17)

Burn rate (Inventory on market / by homes currently under contract) = 3.00 months supply

Avg. Sale price (Solds): $331,299 (Down 6% from Oct. '18,  Down 10% from Nov. '17)

Avg. price per sq. ft. (Solds): $153.72 (Down 2% from Oct. '18,  Up 8% from Nov. '17)

Avg. Days on Market (Solds): 74 (Up 23% from Oct. '18, Down 27% from Nov. '17)

Highest Sold: $730,000

Lowest Sold: $210,000

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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Andy Brown-Climer School of Real Estate
The Climer School of Real Estate - Orlando, FL
The Best Real Estate School in Florida

Good luck, great blog, keep it up. I believe that blogging really works. It keeps google happy.

Dec 15, 2018 12:53 PM #1
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Jerry keep blogging almost at 500,000 points and it free.  Have a good week.

Dec 15, 2018 07:56 PM #2
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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