Anthem, AZ Market Report – January 2015

Picture of 41602 N. Emerald Lake Dr.

The Anthem real estate market started out the new year much the same as we ended 2014, somewhat flat.  The number of homes sold ticked up a bit versus December and a year ago, but prices continued their flattening trend.   The 12 month moving average sale price is still continuing on upward trend, but we are maintaining single digit gains, up 8% from the previous year.  All in all this is not a bad set of circumstances.   The number of homes on the market increased to 227 versus December, but about 9% less than where we were at the same time last year.  Days on market increased significantly,  from 87 days in December to 12o for the month of January.  This is a good sign in that a number of homes that had been on the market a while have sold, probably due to price reductions, getting their homes in line with where the market is.  The market cooled a bit in 2014, but we’re poised to see a nice market here in 2015, with interest rates still at historic lows, home affordability improving, and overall economic momentum increasing. Home sellers will have to be more cognizant of their price point as we continue into our “selling season”.  Homes that are priced right are still selling quickly.

Here are the latest stats for the month ending 1/31/15:

Active Listings: 227 (Up 10% from Dec.’14, Down 9% from Jan. ’14)

Homes Pending: 94 (Up 24% from Dec. ’14, Down 5% from Jan. ’14)

Homes sold in last 30 days: 48 (Up 9% from Dec. ’14,  Up 2% from Jan. ’14)

Burn rate (Inventory on market / by homes currently under contract) =  3.41 months supply

Avg. Sale price (Solds): $287,197  (Up 1% from Dec. ’14, Unchanged versus Jan. ’14)

Avg. price per sq. ft. (Solds): $122.68  (Down 1% from  Dec. ’14, Down 3% from Jan. ’14)

Avg. Days on Market (Solds): 120 (Up 38% from Dec. ’14, Up 76% from Jan. ’14)

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

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

Anthem, AZ Home Sales Week of 10/6/14 – 10/12/14

 

 

Anthem Country Club photo

 

The following Anthem, AZ homes closed escrow during the week of 10/6/14 – 10/12/14:

1719 W OWENS WAY, 2 bedrooms, 2 bathrooms, 1,454 sq. ft., $171,000, Traditional Sale;

3520 W SOUSA CT, 3 bedrooms, 2 bathrooms, 1,672 sq. ft. $193,500, Traditional Sale;

41371 N YORKTOWN TRL, 3 bedrooms, 2 bathrooms, 1,577 sq. ft., $211,000, Traditional Sale;

3530 W SPIRIT LN, 4 bedrooms, 2.5 bathrooms, 2,140 sq. ft., $215,000, Traditional Sale;

2645 W BISBEE WAY, 2 bedrooms, 2 bathrooms, 1,432 sq. ft., $220,000, Traditional Sale;

3424 W INSPIRATION DR, 3 bedrooms, 2 bathrooms, 2,468 sq. ft., Pool, $337,000, Traditional Sale;

40506 N ROLLING GREEN WAY, 4 bedrooms, 2.5 bathrooms, 3,337 sq. ft., Pool, $427,500, Traditional Sale

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

Veteran’s Wanted!!!

Veterans Day Flyer

 

The Daisy Mountain Veterans (DMV) Post will hold its annual parade on Saturday, Nov. 8 in Anthem, beginning at 10 a.m. This year marks the tenth anniversary of the parade and the 50th anniversary of the official beginning of the Vietnam conflict. Special tribute will be paid to the men and women who fought in Southeast Asia.

Residents of Anthem and surrounding communities who served in combat on the ground, in the air above or on the sea adjacent to Vietnam, are invited to serve as honorary Grand Marshals. In 2013, the DMV parade drew almost 100 military, civic and historic units.

For more information or to participate as a parade Grand Marshal, contact Mary Ann Derryberry: Daisymtnvetsparade@cox.net, 602-570-7602 before October 1.

The public is also encouraged to attend the annual Veterans Day ceremony at the Anthem Veterans Memorial, Nov. 11 at 10 a.m.

 

Anthem, AZ Real Estate Market Report – July 2014

Picture of community park playground

 

The Anthem AZ real estate market flattened out a bit in July.  Home sales edged up a little,  while the average price of homes sold decreased.   The 12 month moving average sale price remained steady at 9% year over year.  The number of homes on the market fell to 242, still up 40% over last year.  The days on market of those homes that did sell increased to 94,  90 days on market typically signifies a neutral market.  More sellers have started to pull their homes from the market thereby reducing the supply of available homes on the market. If this trend continues it will bring the market back to a more neutral status.  That being said, price still remains the vital factor to getting a home sold in this market.

Here are the latest stats for the month ending 7/31/14:

Active Listings: 242 (Down 10% from June ’14, Up 40% from July ’13)

Homes Pending: 90 (Down 7% from June ’14, Down 9% from July ’13)

Homes sold in last 30 days: 76 (Up 3% from June ’14,  Up 23% from July ’13)

Burn rate (Inventory on market / by homes currently under contract) =  3.69 months supply

Avg. Sale price (Solds): $297,152  (Down 3% from June ’14, Up 14% from July ’13)

Avg. price per sq. ft. (Solds): $126.24  (Up 1% from June ’14, Up 9% from July ’13)

Avg. Days on Market (Solds): 94 (Up 8% from June ’14, Up 62% from July ’13)

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, AZ homes for sale please visit: www.JWMurphy.LongRealty.com

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

Anthem, AZ Real Estate Market Report July 2014 – Country Club….

Anthem Country Club photo

The Anthem Country Club real estate market saw an uptick in activity (homes sold) in the month of July, however, the average sale price declined sharply. The average price fluctuates greatly on a monthly basis, so this decline might be simply explained by the fact that more lower priced homes sold versus those in the upper price tiers, thereby dragging down the average. The 12 month moving average, which now stands at $401,050, continues to show increases month over month and is currently up 12% over last year. The days on market decreased slightly compared to June, much lower than a year ago. The list to sales price decreased slightly as well. That coupled with the days on market may suggest that sellers are starting to negotiate their home sales in line with the market trend.  The number of homes currently on the market stands at 85, a 12% decrease from June, and 21% higher than this time last year, which could possibly be the result of sellers pulling their homes off the market, waiting for the market to improve. The number of homes currently under contract in the Country Club is 18.

 

Here are the numbers for the Anthem Country Club for July:

  July ’14 June ’14  July’13 July vs Jun ’13
Sold 24 18 4 +33% +600%
Avg. Sale Price $382,295 $445,156 $288,975 -14% +32%
Avg. List Price $397,664 $459,739 $290,725 -14% +37%
Sale/List Price 96% 97% 98% -1% -2%
Price Per Sq. Ft. $140.52 $152.68 $130.17 -8% +8%
Days on Market 102 107 137 -5% -26%
Highest Sold $665,000 $625,000 $549,900 . .
Lowest Sold $180,000 $225,000 $181,000 . .

 

If you ever have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, give me a call at 602-334-3757. Please visit my blog www.AllAboutAnthem.info for more information about Anthem. And to search for Anthem homes for sale just go to www.JWMurphy.LongRealty.com

Anthem, AZ Real Estate Market Report May 2014 – Country Club

Anthem Country Club photo

 

Well the spring selling season has started out with a bit of a thud in the Anthem Country Club real estate market.  The number of homes sold decreased versus April, the average sale price dropped too, and the days on market although decreasing slightly from April, is still far higher than a year ago. This combined with the list to sales price decreasing emphasizes the importance of sellers pricing their homes correctly from the onset. The 12 mos. moving average sale price now stands at $387,018, 8% better than last year. The number of homes currently on the market stands at 105, a 10% decrease from April, and the number of homes under contract in the Country Club is 25.

 

Here are the numbers for the Anthem Country Club for May:

May ’14 Apr. ’14 May ’13 May vs. Apr.’14 May ’14 vs ’13
Sold 13 18 10 -28% +30%
Avg. Sale Price $385,454 $408,583 $329,240 -6% +17%
Avg. List Price $402,191 $419,158 $338,920 -4% +19%
Sale/List Price 96% 97% 97% -1% -1%
Price Per Sq. Ft. $147.45 $151.35 $143.04 -3% +3%
Days on Market 117 123 48 -5% +144%
Highest Sold $546,900 $595,000 $539,000 . .
Lowest Sold $224,000 $227,000 $153,000 . .

If you ever have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, give me a call at 602-334-3757.

Anthem, AZ Home Sales Week of: 5/26/14 – 6/1/14

 

Saguaros in the foreground and Anthem, AZ in the background

Saguaros in the foreground and Anthem, AZ in the background

The following Anthem, AZ homes closed escrow during the week of 5/26/14 – 6/1/14:

42424 N GAVILAN PEAK PKWY 2104, 2 bedrooms, 2.5 bathrooms, 1,342 sq. ft., $150,000, Traditional Sale;

40602 N COLUMBIA TRL, 2 bedrooms, 2 bathrooms, 1,217 sq. ft., $165,000, Traditional Sale;

40807 N BARNUM WAY, 4 bedrooms, 2.5 bathrooms, 2,140 sq. ft., $180,000, Short Sale;

41326 N HUDSON TRL, 3 bedrooms, 2 bathrooms, 1,442 sq. ft., $199,000, Traditional Sale;

39813 N IRON HORSE WAY, 4 bedrooms, 2 bathrooms, 1,827 sq. ft., $209,900, Traditional Sale;

3940 W RUSHMORE DR, 4 bedrooms, 2 bathrooms, 1,827 sq. ft., $210,000, Traditional Sale;

39915 N RIVER BEND RD, 5 bedrooms, 3 bathrooms, 2,168 sq. ft., $219,900, Traditional Sale;

40726 N ROBINSON DR, 4 bedrooms, 2.5 bathrooms, 2,140 sq. ft.,  $222,900, Traditional Sale;

2435 W LEWIS AND CLARK TRL, 4, 2.5, 1,965 sq. ft., $223,000, Traditional Sale;

39153 N ACADIA WAY, 4 bedrooms, 2 bathrooms, 1,827 sq. ft., $225,000, Traditional Sale;

4508 W ROLLING ROCK DR, 4 bedrooms, 2.5 bathrooms, 2,348 sq. ft., $228,500, Lender Owned;

39220 N ACADIA WAY, 4 bedrooms, 2.5 bathrooms, 2,168 sq. ft., $230,000, Traditional Sale;

3744 W AMBER NICKOLE CT, 5 bedrooms, 3 bathrooms, 2,199 sq. ft., $239,900, Lender Owned;

39556 N Prairie LN, 4 bedrooms, 2.5 bathrooms, 2,168 sq. ft., Pool, $245,000, Traditional Sale;

4422 W PHALEN DR, 4 bedrooms, 2 bathrooms, 2,030 sq. ft., Pool, $260,000, Traditional Sale;

2807 W EASTMAN DR, 4 bathrooms, 2 bedrooms, 2,109 sq. ft., $262,000, Traditional Sale;

41053 N BRIDLEWOOD CT, 3 bathrooms, 2 bedrooms, 1,810 sq. ft., Pool, $268,500, Traditional Sale;

2456 W SHACKLETON DR, 5 bedrooms, 3 bathrooms, 2,348 sq. ft., $267,900, Traditional Sale;

43106 N 44TH DR, 4 bedrooms, 3 bathrooms, 2,568 sq. ft., $288,000, Traditional Sale;

2419 W WEBSTER CT, 4 bedrooms, 2.5 bathrooms, 2,663 sq. ft., Pool, $335,000, Traditional Sale;

3616 W LINKS DR, 4 bedrooms, 2.5 bathrooms, 3,521 sq. ft., Pool, $395,000, Traditional Sale;

40933 N CLUB POINTE DR, 2 bedrooms, 2.5 bathrooms, 2,645 sq. ft., $435,000, Traditional Sale;

41902 N HARBOUR TOWN CT, 4 bathrooms, 4 bedrooms, 2,863 sq. ft., Pool, $450,000, Traditional Sale;

910 W RAVINA LN, 4 bedrooms, 3.5 bathrooms, 4,017 sq. ft., Pool, $530,00, Traditional Sale

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