Anthem, AZ Market Report – April 2013

The Anthem AZ real estate market continues it’s strong performance as we head into the warmer months ahead.  Home sales were up in April along with the average price per square foot, up 26% year over year.  The 12 month moving average sale price is up 20%,  and the number of homes on the market increased slightly from March, but still only 136. Days on market continues to be 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 4/30/13:

Active Listings: 138 (Up 1% from Mar. ’13, Up 23% from Apr. ’12)

Homes Pending: 165 (Down 7% from Mar.  ’13, Down 35% from Apr. ’12)

Homes sold in last 30 days: 43 (Up 16% Mar.  ’13, Down 14% from Apr. ’12)

Burn rate (Inventory on market / by homes currently under contract) =  1.84 months supply

Avg. Sale price (Solds): $286,514  (Down 1% from Mar.  ’13, Up 15% from Apr. ’12)

Avg. price per sq. ft. (Solds): $123.57  (Up 6% from Mar.  ’13, Up 26% from Apr. ’12)

Avg. Days on Market (Solds): 62 (Down 16% from Mar.  ’13, Down 56% from Apr. ’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

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

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Anthem AZ Real Estate – Market Report Country Club May 2012

The Anthem real estate market, as well as the valley as a whole, continues to maintain its torrid pace.  In the Country Club homes sold in May slipped.  But I think that is due more to the lack of inventory on the market than it is any harbinger of doom. The average sale price decreased as well, which is indicative of smaller homes in the lower prices ranges selling this month versus April. More importantly we continue to see an increase in the price per square foot year over year. Currently there are only 38 homes actively on the market, with 58 under contract, in the Country Club. Great for sellers.  Here are the numbers for the Country Club through May 2012:

 

                May ’12     April ’12      May ’11     May v. Apr. ’12     May v.  May ‘11

 

Sold                     9                13                 25                     -21%                       -187%

Avg.

Sale Price $267,978  $343,231  $276,641            22%                          -3%

Avg.

List Price  $270,178  $354,538  $283,402          -24%                         -5%

Sale Price/

List Price         99%              97%           98%                  + 2%                         +1%

Price

per Sq. Ft.      $115.88   $117.41       $112.94            – 1%                         +3%

Days on

Market                119               86                119               +37%                            –

 Highest

Sold               $390,000    $549,000      $610,000

Lowest

Sold                $150,000    $185,000        $94,000

 

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

And to search for Anthem homes for sale visit: JWMurphy.LongRealty.com

Pictures of Anthem – Fishing pond

This is a photo of one of the stocked catch and release fishing ponds we have at our community park in Anthem.  Just another thing that makes this place like no other I’ve ever seen.

To search for homes in Anthem, AZ please visit: www.JWMurphy.LongRealty.com

 

Anthem, AZ real estate market report – November, 2011

Activity slowed a bit  in Anthem for the month of November.  And the average sale price edged back down, although the average price per sq. ft. increased.  This tells us that the smaller, lower priced homes are selling.  And the bargains are quickly disappearing, as evidenced by the lowest sale price continually increasing month over month.   Overall for the entire 2011 year, the average sale price is only down 3% from a a year ago.   The number of homes on market  inched up again to 211, about a 2 months supply. The number of homes currently under contract edged down again.  Year over year sales have fallen by 54%. I would still say it looks like the  Anthem real estate market is steadily becoming a seller’s market.  Here are the numbers for November 2011:

Nov. ’11       Oct. ’11        Nov. vs. Oct.      Nov. ’11 vs. ’10

# of homes Sold                         37                   54                    -31%                      -54%

Average Sale Price            $199,761   $210,586                -5%                       -1%

Average List Price             $203,851  $217,898                 -6%                      -2%

Sale Price % of List Price        98%              97%                    +1%                      +1%

Avg. Price per Sq. Ft.         $91.85         $90.92                  +1%                      +8%

Avg. D.O.M. for Sales              67                    84                     -20%                    -23%

Highest Sale Price              $489,000    $499,000             -2%                      +9%

Lowest Sale Price               $114,000      $95,507             +19%                    +43%

To get a free market valuation of YOUR home call Jerry 602-334-3757 or Ben 480-220-8022

For more information about Phoenix, Scottsdale, and Anthem real estate visit www.ArizonaPremiereLiving.com

Anthem home sales: Week of 11/14/11 – 11/20/11

The following Anthem homes closed escrow during the week of 11/14/11 – 11/20/11:

4523 W ROLLING ROCK DR, 3 bathrooms, 2 bedrooms, 2,105 sq. ft., $129,000, Short sale;

40810 N UNION TRL, 3 bathrooms, 2 bedrooms, 2,303 sq. ft., Pool, $210,000, Private seller

To get a current market valuation of your home call Jerry at 602-334-3757 or Ben at 480-220-8022.

And for information about the Phoenix and Scottsdale area real estate market please visit: www.ArizonaPremiereLiving.com

Anthem home sales: Week of 10/31/11 – 11/6/11

The following Anthem homes closed during the week of 10/31/11 – 11/6/11:

1702 W Morse DR, 2 bedrooms, 2 bathrooms, 1,454 sq. ft., $150,000, Private Seller;

43314 N VISTA HILLS DR, 5 bathrooms, 3 bedrooms, 2,168 sq. ft., $154,000 Private Seller;

3835 W RANIER CT, 4 bedrooms, 2.5 bathrooms, 1,965 sq. ft., Pool, $165,000, Short Sale;

41217 N IRON HORSE WAY, 4 bedrooms, 2.5 bathrooms, 2,491 sq. ft., $171,000, Lender Owned;

40611 N LAUREL VALLEY WAY, 3 bedrooms, 2.5 bathrooms, 2,942 sq. ft., $224,000, Short Sale;

3337 W LINKS DR, 3 bedrooms, 2 bathrooms, 2,075 sq. ft., $277,000, Private Seller;

3438 W Warren DR, 5 bedrooms, 3 bathrooms, 3,198 sq. ft., $286,000, Private Seller;

41220 N BENT CREEK CT, 4 bedrooms, 3 bathrooms, 2,793 sq. ft.,  $289,000, Private Seller.

For information about Phoenix or Scottsdale area real estate please visit: www.ArizonaPremiereLiving.com

Anthem home sales: Week of 10/24/11 – 10/30/11

This was the only home that closed in Anthem for the week ending 10/30/11:

39609 N WHITE TAIL LN, 4 bedrooms, 2 bathrooms, 1,827 sq. ft., Pool, Short Sale, $152,000

For a free market evaluation of your home please call Jerry Murphy at 602-334-3757 or Ben Bailey at 480-220-8022

And for more information about Phoenix and Scottsdale area real estate visit: wwwArizonaPremiereLiving.com