Anthem Real Estate Market Report – Country Club April 2012

The Anthem real estate market, as well as the valley as a whole, has really heated up over the past six months.  As you can see from the figures below, although the total number of homes sold in the Country Club in April fell off a bit, the average sale price and more importantly, the average price per square foot of homes sold, continues to increase. Currently there are only 60 homes actively on the market, with 73 under contract, in the Country Club. This is the lowest level of homes on the market we’ve seen in about 6 years.  Here are the numbers for the Country Club through April 2012:

                             Apr ’12    Mar ’12    Apr ’11     Apr. v. Mar. ’12     Apr. v. Apr. ‘11

Sold                         13              33                42                    -61%                            -69%

Avg.

Sale Price     $343,231    $328,840   $284,314     + 4%                           +21%

Avg.

List Price   $354,538    $341,632   $292,660       + 4%                          +21%

Sale Price/

List Price       97%                96%              97%                  + 1%                           –

Price per

Sq. Ft.          $117.41        $118.24        $112.38              – 1%                        + 4%

Days

on Market           86              142                86                   -39%                        +1%

Highest Sold   $549,000    $850,000      $550,000

Lowest Sold     $185,000    $136,000      $117,000

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

And to search for other Phoenix/Scottsdale area homes please visit: www.JWMurphy.LongRealty.com

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