Anthem, AZ Real Estate – Market Report June 2013

The Anthem AZ real estate market continue to steam ahead as we head toward the dog days of summer.  Home sales were up slightly from May.  However, the average sale and price per square foot slipped a little, but we’re still up 10% year over year.  The 12 month moving average sale price is up 25%, as well.  The number of homes on the market dipped slightly again from May,  only 134 currently active. Days on market jumped significantly, but still far less than the 90 days we typically call a neutral market.  Homes are selling much quicker these days.  So things continue to look bright for the Anthem real estate market.

Here are the latest stats for the month ending 6/30/13:

Active Listings: 134 (Down 2% from May ’13, Up 11% from June ’12)

Homes Pending: 124 (Down 23% from May ’13, Down 38% from June ’12)

Homes sold in last 30 days: 45 (Up 5% from May  ’13,  Down 39% from June ’12)

Burn rate (Inventory on market / by homes currently under contract) =  2.08 months supply

Avg. Sale price (Solds): $248,944  (Down 9% from May  ’13, Down 4% from June ’12)

Avg. price per sq. ft. (Solds): $112.60  (Down 7% from May  ’13, Up 10% from June ’12)

Avg. Days on Market (Solds): 70 (Up 30% from May  ’13, Down 16% from June ’12)

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

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

And follow us on Twitter: @AllAboutAnthem

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