Anthem, AZ Real Estate Market Report – November 2012 Serenity Villas

Activity in the Villas was steady in November.  Currently there are 4 homes actively on the market, with 3 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 11% over the same time last year, and price per sq. ft. was up 24%.  Both VERY positive signs.   Here are the numbers for the Villas through November 2012:

Here are the latest stats for the month ending 11/30/12:

Active Listings:  4

Homes Pending:  3  (Down 25% from Oct. ’12)

Homes sold in last 30 days: 2 (Same as Oct. ’12, Up 100% from Nov. ’11)

Burn rate (Inventory on market / by homes currently under contract) =  2.57 months supply

Avg. Sale price (Solds): $132,400  (Up 1% from Oct. ’12, Up 11% from Nov. ’11)

Avg. price per sq. ft. (Solds): $90.08 (Down 9% from Oct. ’12, Up 24% from Nov. ’11)

Avg. Days on Market (Solds): 32 (Up 52% from Oct. ’12,  Down 6% from Nov.  ’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

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: