Anthem real estate report – December 2011

The real estate market in Anthem ended the year on high note.  The average sales price was up 13% over November and 5% December 2010.  For the year as whole the market seems to have leveled off, prices only being 2% off 2010 levels.   The number of homes on market  headed down to 205, about a 2 months supply. While the number of homes currently under contract edged down again.  Year over year sales have fallen by 44%. I would still say it looks like the  Anthem real estate market is steadily becoming a seller’s market.  Here are the numbers for December 2011:

Dec. ’11      Nov. ’11       Nov. vs. Oct.   Dec. ’11 vs. ’10

# of homes Sold                         35                   37                     -5%                      -44%

Average Sale Price            $225,330   $199,761             +13%                      +5%

Average List Price             $227,716  $203,851              +12%                      +4%

Sale Price % of List Price        100%              98%                  +2%                      +2%

Avg. Price per Sq. Ft.          $93.87         $91.85                  +2%                      +4%

Avg. D.O.M. for Sales               109                   67                   +63%                   -13%

Highest Sale Price              $550,000    $489,000             +12%                     +6%

Lowest Sale Price                  $96,665     $114,000              -15%                      +6%

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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