Anthem, AZ Real Estate – Market Report August 2012

The Anthem AZ real estate market finished the summer on a high note.  Home sales increased by 57% over July and 9% over the same time last year.  The number of homes on the market is still low, only 140, but 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 12% 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 8/31/12:

Active Listings: 140 (Down 1% from July ’12, Down 8% from August ’11)

Homes Pending: 155 (Down 12% from July ’12, Down 16% from August ’11)

Homes sold in last 30 days: 36 (Up 57% from July ’12, Up 9% from August ’11)

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

Avg. Sale price (Solds): $226,062 (Down 3% from July ’12, Up 28% from August ’11)

Avg. price per sq. ft. (Solds): $104.50 (Up 11% from July ’12, Up 27% from August ’11)

Avg. Days on Market (Solds): 73 (Down 46% from July ’12, Down 22% from August ’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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