Anthem AZ Real Estate – Market report June 2011

June saw a continued slow down in the Anthem real estate market.  The number of homes on market is inching up, and the number of homes currently under contract and sold continues to inch down.  Year over year sales have fallen by 54%. However, a bright spot in the market is that the average sale price increased by 8% over May and was only off 10% from June 2010.  With the mixed bag of news it is difficult to determine where the Anthem real estate market is heading.  Here are the numbers for June 2011:

June ’11       May ’11        June vs. May      June ’11 vs. ’10

# of homes Sold                     33                 48                          -31%                      -54%

Average Sale Price       $204,616   $189,144                        8%                     -10%

Average List Price        $210,932   $192,020                   10%                       -8%

Sale Price % of List Price   97%              99%                          -2%                        -2%

Avg. Price per Sq. Ft.       $88.16      $88.88                         -1%                        -3%

Avg. D.O.M. for Sales          109              127                           -14%                        8%

Highest Sale Price         $515,000  $610,000                    -16%                     -12%

Lowest Sale Price            $82,000     $91,500                     -10%                       5%

For more information about Phoenix, Scottsdale, and Anthem real estate visit


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