Anthem AZ real estate - Market report April 2012

By
Real Estate Agent with Long Real Estate

The Anthem real estate market, as well as the valley as a whole, has really heated up over the past six months.  The number of sold homes spiked up in April, although the average sale price dipped a little.  However, that statistic is volatile from month to month because it is subject to the size of the homes being sold and the price level of those home that do sell in any particular month.  The real tell tell sign of our market improvement is the sale price to list price ratio and the 12 month moving average.  Both have risen lately.  In fact, this is the third consecutive month we've seen an increase in the 12 month moving average, signaling a trend in our rising home prices here in Anthem.  Here are the numbers for April 2012:

Apr ’12    Mar ’12    Apr ’11     Apr. v. Mar. ’12     Apr. v. Apr. ‘11

Sold                                                                   50            26         53            +92%                  -6%

Avg.

Sale Price                                                      $248,469 $259,585  $209,247    -  4%                   +19%

Avg.

List Price                                                       $251,902 $268,569  $214,224     - 6%                   +18%

Sale Price/

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

Price per

Sq. Ft.                                                            $98.13     $102.00    $88.89     -  4%                   +10 %

Days

on Market                                                          142          131        100         + 8%                  +42%

Highest Sold                                                  $549,000   $850,000  $509,000

Lowest Sold                                                   $115,500   $116,000  $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 or e-mail at jwmurphy@longrealty.com

For more information about Anthem, AZ real estate please visit: www.AllAboutAnthem.com

And to search for other Phoenix/Scottsdale area homes please visit: www.JWMurphy.LongRealty.com

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Rainmaker
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Sharon Lord
Argent Décor - Phoenix, AZ
Argent Décor - AZ Vacation Home Furnishing Service

Jerry - Anthem is such an amazing master-planned community!  We've furnished a number of Vacation Homes up there....

May 11, 2012 05:24 PM #1
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Jerry Murphy

Anthem AZ Real Estate
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