Anthem, AZ Real Estate Market Report - Jan. 2019

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

 

 

Home sales were up a bit but prices were flat in the Anthem real estate market during January.  The total number of homes sold was but was up 9% versus December and up 20% year over year.  The average sale price in January was flat versus December and slightly less than January 2018.  The price per square foot decreased 2% versus December and was up 4% year over year. The 12 month moving average ($348,902) was also flat versus in December, and is up 4% from last year.  The days on market rose to 75, up 10% versus December and up 6% from January 2018. The burn rate, (or homes under contract versus homes on the market) decreased a bit to 3.19 month’s supply, a pretty balanced market.  There are now 153 homes on the market in Anthem, and 70 homes pending/under contract. 

 

Download my mobile app at: LongRealtyapp.com/JerryMurphy  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 1/31/19:

Active Listings: 153 (Up 18% from Dec. '18, Up 13%. Jan. '18)

Homes Pending: 70 (Up 3% from Dec. '18, Up 8% from Jan. '18)

Homes sold in last 30 days: 59 (Up 9% from Dec. '18, Up 20% from Jan. '18)

Burn rate (Inventory on market / by homes currently under contract) = 3.19 months supply

Avg. Sale price (Solds): $346,425 (Down $1,539 from Dec. '18,  Down $878 from Jan. '18)

Avg. price per sq. ft. (Solds): $152.28 (Down 2% from Dec. '18,  Up 4% from Jan. '18)

Avg. Days on Market (Solds): 75 (Up 10% from Dec. '18, Up 6% from Jan. '18)

Highest Sold: $687,000

Lowest Sold: $168,000

To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

 

To search Anthem homes for sale go to: www.JWMurphy.LongRealty.com

 

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

 

And follow me on Twitter  and Instagram at: JWMIMAZRealtor

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Have a great rest of the weekend!

Feb 10, 2019 04:15 PM #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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