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

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

 

Home sales rose but prices retreated in the Anthem real estate market during April.  The total number of homes sold was up 24% over March and up 16% year over year.  The average sale price decreased by 4% versus March but was up 8% over April 2018.  The price per square foot was up 4% over March and was up 9% year over year. The 12 month moving average ($350,525) was up 1% over March, and is up 4% from last year.  The days on market rose to 83, up 14% versus March and up 20% from April 2018. The burn rate, (or homes under contract versus homes on the market) decreased again to 2.13 month’s supply, a solid seller's market.  There are now 113 homes on the market in Anthem, and 100 homes pending/under contract foreshadowing another strong month in May.

 

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 4/30/19:

Active Listings: 113 (Down 10% from Mar. '19, Down 43%. Apr. '18)

Homes Pending: 100 (Down 7% from Mar. '19, Same as Apr. '18)

Homes sold in last 30 days: 87 (Up 24% from Mar. '19, Up 16% from Apr. '18)

Burn rate (Inventory on market / by homes currently under contract) = 2.13 months supply

Avg. Sale price (Solds): $351,949 (Down 4% from Mar. '19,  Up 8% from Apr. '18)

Avg. price per sq. ft. (Solds): $158.35 (Up 4% from Mar. '19, Up 9% from Apr. '18)

Avg. Days on Market (Solds): 83 (Up 14% from Mar. '19, Up 20% from Apr. '18)

Highest Sold: $700,000

Lowest Sold: $178,000

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

 

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Comments (1)

Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

 

Jul 14, 2019 11:05 PM

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