Anthem, AZ Market Report – February 2013 Serenity Villas

February saw a significant rise in sales in the Villas.  Currently there are no homes actively on the market, with 3 under contract, in the Villas. Since no condos in the Villas closed escrow in January my analysis is still somewhat limited.  However, the 12 month moving average shows a 20% increase in price for the Villas, in line with the overall Anthem real estate market.

With prices increasing you may want to have an appraisal done on your home. You may have enough equity in your home to avoid paying mortgage insurance thereby saving hundreds of dollars per month.  Here are the numbers for the Villas through February 2013:

                        Feb. ’13       Jan. ’13        Feb. ’12    Feb. v. Jan. ’13   Feb. v. Feb. ‘13

Sold                        4                   0                     0                    N/A                       N/A

Avg. Sale Price   $119,750         N/A             N/A                  N/A                       N/A

Avg. List Price    $124,875         N/A            N/A                   N/A                       N/A

Sale/List Price        96%             N/A            N/A                    N/A                      N/A

Price per Sq. Ft.      $90.94       N/A            N/A                    N/A                      N/A

Days on Market          54               N/A              N/A                 N/A                    N/A

Highest Sold          $132,500         N/A             N/A

Lowest Sold           $108,000         N/A             N/A

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

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

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