Anthem, AZ Real Estate Market Report – The Villas October 2013

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The real estate market continued to move along slowly but steady in the Villas during October.  Currently there are no homes actively on the market, with 1 under contract. Prices continue to climb however.  The 12 month moving average remains strong, showing a 13% increase in price for the Villas, in line with the overall Anthem real estate market.

Long Realty is conducting a food drive through the month of November to support the Foothills Food Bank.  Please drop off a few cans of food or other non-perishable goods if you can spare at our Anthem office, 4215 W. Anthem Way, Ste. 113.  Our office is open between 8AM – 5PM Monday through Friday.  We greatly appreciate your generosity.

Here are the numbers for the Villas through October 2013:

                             Oct. ’13     Sept. ’13      Oct. ’12   Oct. v. Sept. ’13   Oct. v. Oct. ‘12

Sold                          1                  1                   2                    —                             -50%

Avg. Sale Price $132,500     $127,500        $124,500                  +4%                     +6%

Avg. List Price  $135,900      $128,900       $130,000            +5%                       +5%

Sale Price/List Price  97%          99%            96%                 -2%                        +1%

Price per Sq. Ft.    $110.04        $105.90         $98.70               +4%                      +11%

Days on Market          16                 3                 21                +433%                      -24%

Highest Sold          $132,500      $127,500          $125,000

Lowest Sold           $132,500      $127,500           $124,000

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 or e-mail: jwmurphy@longrealty.com.

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