Anthem, AZ Real Estate Market Report – Oct. 2012 Serenity Villas

The Anthem real estate market continues to be strong coming into the fall and holiday seasons.  Activity in the Villas was a little better in October.  And we continue to see more homes come on the market. Currently there are 3 homes actively on the market, with 4 under contract, in the Villas.  More sellers are starting to become aware that the market has shifted and realizing that now may be a good time to sell.  Average sale prices were up 24% over the same time last year, and price per sq. ft. was up 22%.  Both VERY positive signs.   Here are the numbers for the Villas through October 2012:

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

Here are the latest stats for the month ending 10/31/12:

Active Listings:  3

Homes Pending:  4  (Same as Sept. ’12)

Homes sold in last 30 days: 2 (Up 200% from Sept. ’12, Same as Oct. ’11)

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

Avg. Sale price (Solds): $124,500  (Up 200% from Sept. ’12, Up 22% from Oct. ’11)

Avg. price per sq. ft. (Solds): $98. 70 (Up 9% from Sept. ’12, Up 22% from Oct. ’11)

Avg. Days on Market (Solds): 21 (Down 62% from Sept. ’12,  Down 36% from Oct.  ’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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