Anthem, AZ Real Estate Market Report August 2014 – Parkside

Picture of community park playground

 

The Anthem Parkside real estate market continued its summer duldrums in August. The average sale price edged up, but the price per square foot remained flat. The total number of homes sold in Parkside in August slipped to 48. There are currently 140 homes on the market in Parkside, a 10%decrease from July and only 14% more than August 2013, right about the time we started seeing the  brakes hit on the torrid market of 2012 and early 2013. . The days on market increased to 69, 7% less than a year ago. The 12 month moving average price is still up, 8% versus the same time last year, but again, we saw no increase in that figure month over month.. Currently there are 52 homes under contract in Parkside. The “Burn Rate” now stands at 3.41 month’s supply, continuing its upward trend over the past year. The only real positive we’re seeing in the Anthem Parkside real estate market is that the number of homes on the market continues to decline, which will start to put upward pressure on prices.

I will be participating in the 2015 San Francisco to L.A. AIDS LifeCycle ride again next year. If you’re interested in donating to this wonderful cause please visit: www.AIDSLifeCycle.org, click on the “Donate” button and just enter my name in the search box. All donations are greatly appreciated.

Here are the numbers for Anthem Parkside through August 2014:

  Aug. ’14 July ’14 Aug. ’14 Aug.  vs. Jul. ’14
Sold 48 52 24 -8% +100%
Avg. Sale Price $264,240 $258,047 $254,396 +2% +4%
Avg. List Price $270,125 $262,634 $257,392 +3% +5%
Sale/List Price 98% 98% 99% -1%
Price Per Sq. Ft. $119.29 $119.72 $120.55 -1%
Days on Market 69 90 74 -23% -10%
Highest Sold $439,000 $515,000 $398,500 . .
Lowest Sold $168,000 $160,000 $150,000 . .

If you ever have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, give me a call at 602-334-3757.

Anthem, AZ Real Estate Market Report July 2014 – Country Club

View of New River, AZ to the North

View of New River, AZ to the North

 

The Anthem Country Club real estate market had a little down tick in August, but the average sale price increased over July. The better indicator is the year over year comparisons. The August 2014 average sale price was off 2% from a year ago. Also noteworthy is the Sale/List price is down 2% from a year ago. The 12 month moving average, which now stands at $401,456, barely nudged up over the last reading and is currently up 10% over last year. The days on market increased dramatically over July, much higher than a year ago. This, along with the continued decline in the sale/list price ratio, indicate that many homeowners whose homes have been on the market. are willing to reduce their prices and negotiate on said price as well. The number of homes currently on the market stands at 73, a 14% decrease from July, and only 4% greater than last year, possibly the result of sellers pulling their homes off the market, waiting for the market to improve. The number of homes currently under contract in the Country Club is 13.

I will be participating in the 2015 San Francisco to L.A. AIDS LifeCycle ride again next year. If you’re interested in donating to this wonderful cause please visit: www.AIDSLifeCycle.org, click on the “Donate” button and just enter my name in the search box. All donations are greatly appreciated.

Here are the numbers for the Anthem Country Club for Aug:

  Aug. ’14 July ’14 Aug. ’13 Aug. vs  July ’14
Sold 20 24 10 -17% +100%
Avg. Sale Price $400,626 $382,295 $406,740 +5% -2%
Avg. List Price $418,211 $397,664 $418,040 +5%
Sale/List Price 96% 96% 98% -2%
Price Per Sq. Ft. $145.13 $140.52 $145.58 +3%
Days on Market 153 102 82 +50% +87%
Highest Sold $725,000 $665,000 $635,000 . .
Lowest Sold $162,500 $180,000 $189,500 . .

 

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

Anthem Sprint Triathlon

 

 

Anthem Sprint Triathlon

The Anthem Sprint Triathlon is this Saturday, Aug. 23rd at the Anthem Community Center.  Start time: 7am for men

The race consists and starts with a 5k run, 20k bike ride, and a 400m swim in the Anthem Community Center pool.

Athletes of all abilities and ages are welcome.

Click on the link below to register:

http://www.4peaksracing.com/events/anthem-sprint-triathlon-2014

 

 

 

 

 

 

Anthem, AZ Real Estate Market Report – July 2014

Picture of community park playground

 

The Anthem AZ real estate market flattened out a bit in July.  Home sales edged up a little,  while the average price of homes sold decreased.   The 12 month moving average sale price remained steady at 9% year over year.  The number of homes on the market fell to 242, still up 40% over last year.  The days on market of those homes that did sell increased to 94,  90 days on market typically signifies a neutral market.  More sellers have started to pull their homes from the market thereby reducing the supply of available homes on the market. If this trend continues it will bring the market back to a more neutral status.  That being said, price still remains the vital factor to getting a home sold in this market.

Here are the latest stats for the month ending 7/31/14:

Active Listings: 242 (Down 10% from June ’14, Up 40% from July ’13)

Homes Pending: 90 (Down 7% from June ’14, Down 9% from July ’13)

Homes sold in last 30 days: 76 (Up 3% from June ’14,  Up 23% from July ’13)

Burn rate (Inventory on market / by homes currently under contract) =  3.69 months supply

Avg. Sale price (Solds): $297,152  (Down 3% from June ’14, Up 14% from July ’13)

Avg. price per sq. ft. (Solds): $126.24  (Up 1% from June ’14, Up 9% from July ’13)

Avg. Days on Market (Solds): 94 (Up 8% from June ’14, Up 62% from July ’13)

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 please visit: www.JWMurphy.LongRealty.com

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

Anthem, AZ Real Estate Market Report July 2014 – Country Club….

Anthem Country Club photo

The Anthem Country Club real estate market saw an uptick in activity (homes sold) in the month of July, however, the average sale price declined sharply. The average price fluctuates greatly on a monthly basis, so this decline might be simply explained by the fact that more lower priced homes sold versus those in the upper price tiers, thereby dragging down the average. The 12 month moving average, which now stands at $401,050, continues to show increases month over month and is currently up 12% over last year. The days on market decreased slightly compared to June, much lower than a year ago. The list to sales price decreased slightly as well. That coupled with the days on market may suggest that sellers are starting to negotiate their home sales in line with the market trend.  The number of homes currently on the market stands at 85, a 12% decrease from June, and 21% higher than this time last year, which could possibly be the result of sellers pulling their homes off the market, waiting for the market to improve. The number of homes currently under contract in the Country Club is 18.

 

Here are the numbers for the Anthem Country Club for July:

  July ’14 June ’14  July’13 July vs Jun ’13
Sold 24 18 4 +33% +600%
Avg. Sale Price $382,295 $445,156 $288,975 -14% +32%
Avg. List Price $397,664 $459,739 $290,725 -14% +37%
Sale/List Price 96% 97% 98% -1% -2%
Price Per Sq. Ft. $140.52 $152.68 $130.17 -8% +8%
Days on Market 102 107 137 -5% -26%
Highest Sold $665,000 $625,000 $549,900 . .
Lowest Sold $180,000 $225,000 $181,000 . .

 

If you ever have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, give me a call at 602-334-3757. Please visit my blog www.AllAboutAnthem.info for more information about Anthem. And to search for Anthem homes for sale just go to www.JWMurphy.LongRealty.com

Anthem Parkside Beauty….

Flyer 4333 Heyerdahl

To view the full photo library and gather further information for this listing click here.

And to receive a free market analysis for your Anthem, AZ home call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

 

Beautiful home in the Landings at Anthem

 

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To view all the photos and gain further information for this Anthem, AZ home click here.

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

 

 

 

 

 

 

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