Anthem Real Estate – Market Report Feb. 2012

The Anthem real estate market has really heated up since the beginning of the year.  After seeing the number of homes on market trend up toward the end of the year, we now have the fewest number of homes available since July 2011.  The average sale price, and more importantly the price per sq.ft. are increasing steadily month after month.  If you were waiting to get back into the market now’s the time:  Here are the numbers for February 2012:

Feb. ’12     Jan. ’12     Feb. ’11    2/12. vs. 1/12       2/12 vs. 2/11

Active Listings         148               173              N/A                  -14%                         N/A

Pending Sales            222               198              N/A                  +12%                       N/A

Solds                                31                 48                83                    -35%                       -63%

Avg. Sale Price     $243,287   $189,012   $218,225         +29%                      +11%

Avg. List Price      $251,142    $196,057  $224,335         +28%                      +12%

Sale/List %                  98%                97%             98%                 + 1%                       N/A

Avg. Price Sq.Ft.    $96.36         $94.26        $89.13             + 2%                       + 8%

Days on Market       107                   101             111                   + 6%                       – 4%

Highest Sold           $530,000    $375,000  $670,000     +41%                     -21%

Lowest Sold             $132,000    $107,500  $   75,000     +23%                    +76%

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

And to search for Anthem, AZ homes please visit: JWMurphy.LongRealty.com

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