Anthem Real Estate – Market Report Sept. 2011

Activity increased in Anthem for the month of September. And the average sale price ticked back up again.   Overall for the entire 2011 year, the average sale price is only down 3.1% from a a year ago.   The number of homes on market is inched up again to 209, about a 2 months supply. The number of homes currently under contract edged down slightly.  Year over year sales have fallen by 25%. I would still say it looks like the  Anthem real estate market is steadily becoming a seller’s market.  Here are the numbers for September 2011:

Sept. ’11       Aug. ’11        Sept. vs. Aug.      Sept. ’11 vs. ’10

# of homes Sold                       49                   33                    +48%                      -25%

Average Sale Price            $195,418  $177,186             +10%                       -6%

Average List Price             $198,065 $179,510             +10%                        -7%

Sale Price % of List Price        98%              99%                    -1%                       None

Avg. Price per Sq. Ft.         $87.86         $82.61                +7%                        +2%

Avg. D.O.M. for Sales              62                    93                    -12%                       -13%

Highest Sale Price              $455,000    $575,000           -21%                      +1%

Lowest Sale Price                  $84,000    $105,000           -20%                      -7%

To get a free market valuation of YOUR home call Jerry 602-334-3757 or Ben 480-220-8022

For more information about Phoenix, Scottsdale, and Anthem real estate visit www.ArizonaPremiereLiving.com

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