Anthem AZ real estate – Market report July 2012

The Anthem AZ real estate market continues on a torrid pace.  However we are still severely restricted by the lack of homes on the market.  Although we did see an uptick of about 17% from June. The year over year average sale price and average price per sq. ft. continue to increase.  And the 12 month moving average shows a price increase of 10% from the same period last year.  So things continue to look bright for the Anthem real estate market.

If you or someone you know are considering purchasing a home in Anthem, now’s the time.

Here are the lastest stats for the month ending 7/31/12:

Active Listings: 142 (Up 17% from June ’12, Down 16% from July ’11)

Homes Pending: 176 (Down 12% from June ’12, Down 11% from July ’11)

Homes sold in last 30 days: 23 (Down 69% from June ’12, Down 74% from July ’11)

Burn rate (Inventory on market / by homes currently under contract) =  2 months supply

Avg. Sale price (Solds): $233,457 (Down 10% from June ’12, Up 4% from July ’11)

Avg. price per sq. ft. (Solds): $93.78 (Down 9% from June ’12, Up 3% from July ’11)

Avg. Days on Market (Solds): 134 (Up 61% from June ’12, Up 70% from July ’11)

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

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

 

 

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