Anthem, AZ Real Estate Market Report May 2014 – Parkside

The Anthem Parkside real estate market slowed down some in May. However, the average price increased markedly.The total number of homes sold in Parkside in May fell off to only 44. There are currently 161homesonthemarketinParkside, a9% increase from April and 96% more than May 2013.Thedaysonmarket decreased to 63, 15% more than a year ago. The12monthmovingaveragepriceisstillwellup,11%versus2013, but continuing to flatten out. Currently there are 73 homes under contract in Parkside. The “Burn Rate” now stands at 3.21 month’s supply, edging ever so slightly to a “Buyer’s Market”.All of these numbers suggest a continuing cooling in the Anthem Parkside real estate market and the Phoenix market as a whole.

Here are the numbers for Anthem Parkside through May 2014:

 

May ’14 Apr. ’14 May ’13 May vs. Apr. ’14 May ’14 vs ’13
Sold 44 51 34 -14% +29%
Avg. Sale Price $276,588 $252,673 $248,840 +9% +11%
Avg. List Price $280,929 $258,043 $253,542 +9% +11%
Sale/List Price 99% 98% 98% +1% +1%
Price Per Sq. Ft. $118.33 $117.99 $111.74 +6%
Days on Market 63 83 55 -24% +15%
Highest Sold $501,000 $535,000 $425,000 . .
Lowest Sold $163,000 $157,000 $155,000 . .

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

 

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Anthem, AZ Real Estate Market Report – August 2013

The Anthem AZ real estate market continued it’s upward price trajectory in August.  Home sales were down significantly from July. However, prices continue to increase.   We are up 33% in average sale price year over year.  And the 12 month moving average sale price is up 15%, as well.  The number of homes on the market continues to increase with 194 currently active. This increasing supply of homes will start to put a damper on price increases in the coming months.  Days on market increased to 77,  90 days on market typically signifying a neutral market.  Even though August showed some signs of slowing, things continue to look bright for the Anthem real estate market.

Here are the latest stats for the month ending 8/31/13:

Active Listings: 194 (Up 12% from July ’13, Up 29% from Aug. ’12)

Homes Pending: 94 (Down 5 from July ’13, Down 39% from Aug. ’12)

Homes sold in last 30 days: 34 (Down 45% from July  ’13,  Down 6% from Aug. ’12)

Burn rate (Inventory on market / by homes currently under contract) =  3.06 months supply

Avg. Sale price (Solds): $300,759  (Up 15% from July  ’13, Up 33% from Aug. ’12)

Avg. price per sq. ft. (Solds): $128.11  (Up 11% from July  ’13, Up 23% from Aug. ’12)

Avg. Days on Market (Solds): 77 (Up 33% from July  ’13, Up 5% from Aug. ’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

Anthem, AZ Real Estate – Market Report July 2013 Country Club

The Anthem Country Club housing market is continuing to slightly decelerate. The number of homes sold in July decreased from June, for the second month in row.  This may be due to a lack of supply rather than a decline in demand, as we see this trend throughout the valley. The average sale price edged up versus June, but the price per square foot decreased.   The twelve month moving average is 11% above the same period last year.  The sale price/list price percentage narrowed a bit, but is off from last year.  Days on market increased dramatically as well, although that could be symptomatic of sellers of long time listings reducing their prices to more attractive levels. As I mentioned last month these two little trends may be signifying a slowing in the market.  There are currently 70 homes actively on the market, an increase of 30% over June, with 25 under contract, in the Country Club.                                        

Here are the numbers for the Country Club through July 2013:

                       July ’13       June ’13        July ’12   July v. June ’13  July v. July ‘12

Sold                        4                  7                    4               -43%                   —

Avg. Sale Price   $288,975    $263,357      $348,925         +10%                     -17%

Avg. List Price    $290,725    $275,786      $347,300          +5%                     -16%

Sale/List Price        98%            95%              100%             +3%                       -2%

Price per Sq. Ft.    $130.17      $132.56        $129.89         -2%                       —

Days on Market         137                58                 87             +136%                    +56%

Highest Sold          $549,900    $413,500      $413,000

Lowest Sold           $181,000    $175,000      $265,000

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

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

Anthem, AZ Real Estate – Market Report July 2013

The Anthem AZ real estate market continued it’s upward trajectory in July.  Home sales were up significantly from June. And, the average sale and price per square foot continued on their upward trends.  We are up 12% in average sale price year over year.  And the 12 month moving average sale price is up 15%, as well.  The number of homes on the market increased for the first time in a while moving up to 173 currently active. Days on market decreased, and is 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 7/31/13:

Active Listings: 173 (Up 29% from June ’13, Up 22% from July ’12)

Homes Pending: 99 (Down 20% from June ’13, Down 44% from July ’12)

Homes sold in last 30 days: 62 (Up 38% from June  ’13,  Up 170% from July ’12)

Burn rate (Inventory on market / by homes currently under contract) =  2.75 months supply

Avg. Sale price (Solds): $260,671  (Up 5% from June  ’13, Up 12% from July ’12)

Avg. price per sq. ft. (Solds): $115.81  (Up 3% from June  ’13, Up 23% from July ’12)

Avg. Days on Market (Solds): 58 (Down 17% from June  ’13, Down 57% from July ’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

Anthem Parkside Beauty – New Listing….

Property Flyer JPEG

Newly painted, newly carpeted 4 bedroom, 3 bathroom home with large loft,(could be easily converted into 6 bedroom, 3 bath house)located in Anthem’s award winning Parkside community.  Tile floors in high traffic areas, large bedrooms, and tandem park 3 car garage.  Spacious floor plan with a great room arrangement downstairs, one bedroom and bathroom on ground floor, remaining bedrooms and bathrooms upstairs.  California closets custom shelves in master bedroom. Pre-wired for surround sound in great room and loft. Unobstructed westerly views for spectacular Arizona sunsets.  Built in bar-b-que, Flagstone patio,  and easy care backyard landscaping. Located very close to Anthem’s Community Park, shopping and schools.

To view this and other Anthem listings please visit: www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate – Market Report Serenity Villas June 2013

Things continue to remain pretty much the same in the Villas.  Currently there’s only one home actively on the market, with 0 under contract, in the Villas. Prices continue to climb however.  The 12 month moving average remains strong, showing a 16% increase in price for the Villas, in line with the overall Anthem real estate market.

Now you can follow us on Twitter too: @AllAboutAnthem for up to the minute information about Anthem events and the real estate market in general.

Here are the numbers for the Villas through June 2013:

                        June ’13       May ’13        June ’12    June v. May ’13   June v. June ‘13

Sold                       3                   0                       2               N/A                      +50%

Avg. Sale Price $125,167           $0             $112,250          N/A                        +29%

Avg. List Price   $127,800          $0             $112,325             N/A                     +21%

Sale/List Price       98%            0%               100%                  N/A                     -2%

Price per Sq. Ft.    $100.84         $0              $78.50                 N/A                  +16%

Days on Market         45              0                 18                      N/A                  +250%

Highest Sold       $127,000          $0            $113,000

Lowest Sold        $123,500          $0             $111,500

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

Anthem, AZ Real Estate – Market Report June, 2013 Parkside

June was very similar to May in the Anthem Parkside real estate market. The total number of homes sold in the Parkside in June increased a bit, but prices flattened out a bit.   There are now 82 homes on the market in the Parkside at this time, same as May, and the days on market increased slightly as well to 60. The 12 month moving average price is still up by 19% versus 2012.  And currently there are 111 homes under contract, in the Parkside.

Here are the numbers for the Parkside through June 2013:

                        June ’13       May ’13        June ’12   June v. May ’13  June v. June ‘12

Sold                        40                  34                   29                 +18%              +38%

Avg. Sale Price   $248,686    $248,840    $212,385                  —                    +17%

Avg. List Price    $253,542    $253,542     $212,838                 —                    +19%

Sale/List Price        98%            98%               99%                     —                    -1%

Price per Sq. Ft.      $110.05    $111.74        $91.53                 -2%                +20%

Days on Market          60                55                104                  +9%                -42%

Highest Sold          $410,000    $425,000      $399,900

Lowest Sold           $172,000    $155,000      $105,000

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

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