Special offer

Anthem, AZ Real Estate News

By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 Sales fell off while prices increased in the Anthem real estate market during September.  The total number of homes sold decreased 11% versus August, but was up 4% over September 2017.  The average sale price in September was up 1% over August and was up 23% over September 2017.  The price per square foot was virtually the same as August but was up 8% year over year.  And the 12 month moving average ($349,368) was up 2% over August, now up 9% from last year.  Days on market increased, now standing at 81 days, up 19% versus August and up 16% from September 2017. The burn rate, (or homes under contract versus homes on the market) remains at 3.41 month’s supply, heading toward a buyer's market.  There are now 166 homes on the market in Anthem, and 69 homes pending/under contract foretelli...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Villas real estate market slumped in August. Only 1 home closed escrow in The Villas during the month, 2 less than June. There are currently 3 homes on the market in The Villas.  However, there are no homes currently under contract. The 12 month moving average price, $183,827 continues to ratchet up and is up 16% versus August 2017. Here are the latest stats for the month ending 8/31/18:Active Listings: 3Homes Pending: 0Homes sold in last 90 days: 1 (Down 67% from July '18, Down 50% from Aug. '17)Burn rate (Inventory on market / by homes currently under contract) = N/AAvg. Sale price (Solds): $215,000 (Up 10% from July '18, Up 41% from Aug. '17)Avg. price per sq. ft. (Solds): $134.21  (Down 6% from July '18, Up 6% from Aug. '17)Avg. Days on Market (Solds): 48 (Up 9% from July '18, D...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Anthem Parkside real estate market broke through its ceiling in August, ending a streak of stagnation over the past several months. Both activity and prices rose. Home sales increased 5% from July and were up 28% year over year.  The average sale price increased 8% versus July and was up 3% over August 2017.  The average price per square foot remained the same versus July, but was up 5% year over year for the Parkside. The average days on market remained the same compared to July but was up 17% versus August 2017. The inventory of homes on the market is at a 2.35 month’s supply, still marking a strong seller's market. The 12 month moving average, $313,053 is up 6% from last year, however, it has remained flat over the past few months. The number of homes currently on the market cli...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
For the first time in a while both sales activity and prices increased in the Anthem real estate market during August.  The total number of homes sold increased 6% over July, but was down 7% from August 2017.  The average sale price in August was up 11% over July and was up 15% from August 2017.  The price per square foot was down 1% versus July but was up 9% year over year.  And the 12 month moving average ($343,301) was up 1% over July, now up 7% from last year.  Days on market increased, now standing at 68 days, down 3% versus July and down 8% from August 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.81 month’s supply, still a seller's market.  There are now 159 homes on the market in Anthem, and 88 homes pending/under contract.  Download my m...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
Has the Anthem Parkside real estate market hit a ceiling? For the past several month home prices, both month to month and the 12 month moving average, have stagnated a bit. And the highest priced sales have remained in the $580,000 range over the past 6 months. During July home sales decreased 5% from June and were down 17% year over year.  The average sale price decreased 4% versus June and was up slightly, 1% over July 2017.  The average price per square foot decreased 1% from June, but was up 8% year over year for the Parkside. The average days on market increased 15% versus June and was up 2% versus July 2017. The inventory of homes on the market is at a 2.32 month’s supply, still marking a strong seller's market. The 12 month moving average, $311,629 is up 6% from last year, howeve...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 Sales activity picked up a bit but prices declined in the Anthem Country Club real estate market during July. The total number of homes sold in the Country Club was up 11% versus June and July 2017.  The average sale price fell by 4% versue June, and was the same as July 2017. The price per square foot also decreased 5% from June but was up 7% year over year.  The days on market dropped 9% versus June, and was down 30% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.43 month’s supply, still a buyer's market. The 12 month moving average was flat, now standing at $429,072.  There are now 68 homes on the market in the Club, down 14% from June.  With 28 homes currently under contract  it looks like August will be a little more active in the Anth...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 Home prices dropped while activity ticked up a little in the Anthem real estate market through July.  The total number of homes sold increased 3% over June, but was down 12% from July 2017.  The average sale price in July was down 3% versus June but was up 3% from July 2017.  The price per square foot was unchanged from June but was up 11% year over year.  And the 12 month moving average ($339,346) was flat month over month, now up 6% from last year.  Days on market increased, now standing at 70 days, up 8% versus June and down 5% from July 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.73 month’s supply, leaning towards a seller's market.  There are now 157 homes on the market in Anthem, and 91 homes pending/under contract. One notable statistic...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
Activity in The Villas real estate market dropped off in June. 1 home closed escrow in The Villas during June, two less than May. There are currently 2 homes on the market in The Villas.  And there are 2 homes under contract. The 12 month moving average price, $175,466 ticked up a little and is still up 11% versus June 2017. Here are the latest stats for the 31 days ending 6/30/18:Active Listings: 2Homes Pending: 2Homes sold in last 90 days:  1 (Down 67% from May '18,  Down 50% from June '17)Burn rate (Inventory on market / by homes currently under contract) = 2.00Avg. Sale price (Solds): $199,900 (Up 14% from May '18, Up 28% from June '17)Avg. price per sq. ft. (Solds): $128.88  (Down 6% from May '18, Down 1% from June '17)Avg. Days on Market (Solds): 7 (Down 83% from May '18, Down 53%...
Comments 2
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Anthem Parkside real estate market warmed up a little bit in June. Home sales increased 9% from May but were down 18% year over year.  The average sale price increased 4% versus May and was up 4% over June 2017.  The average price per square foot increased 1% from May, and was up 6% year over year for the Parkside. The average days on market increased 8% versus May and was down 2% versus June 2017. The inventory of homes on the market is at a 2.44 month’s supply, still marking a strong seller's market. The 12 month moving average, $311,270 is still up 7% from last year, staying consistent over the past year. The number of homes currently on the market clicked down to 105, while the number of homes currently under contract in the Parkside is 73, signalling another strong report in J...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
Sales activity and prices dipped a bit in the Anthem Country Club real estate market in June. The total number of homes sold in the Country Club was down 28% versus May,  and down 38% versus June 2017.  The average sale price fell by 6% against May, but was up 3% year over year. The price per square foot also decreased 1% from May and was up 6% year over year as well.  The days on market jumped 36% over May, but was down 5% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.59 month’s supply, still a buyer's market. The 12 month moving average was flat, now standing at $429,930.  There are now 79 homes on the market in the Club, down 8% from May.  With only 22 homes currently under contract  it looks like July will be an even slower month in the...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
Activity and prices ticked down a little in the Anthem real estate market through June.  The total number of homes sold slipped 5% from May, and was down 25% from June 2017.  The average sale price in June was down 1% versus May and was up 2% from June 2017.  The price per square foot increased by 1% versus May and was up 5% year over year.  The 12 month moving average ($338,616) was flat month over month and is now up 6% from last year.  Days on market decreased, now standing at 65 days, up 14% versus May and down 4% from June 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.94 month’s supply, signaling a balanced market.  There are now 188 homes on the market in Anthem, and 97 homes pending/under contract. Download my mobile app at: LongRealtyapp....
Comments 3
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Villas real estate market remained similar to April through May. 3 homes closed escrow in The Villas during May, the same as April. There are currently 2 homes on the market in The Villas.  And there are 3 homes under contract, which foreshadows a similar report in June. The 12 month moving average price, $173,353 ticked up a little and is still up 9% versus May 2017. Here are the latest stats for the 31 days ending 5/31/18:Active Listings: 2Homes Pending: 3Homes sold in last 90 days:  3 (Same as April '18,  Down 25% from May '17)Burn rate (Inventory on market / by homes currently under contract) = 1.67Avg. Sale price (Solds): $175,500 (Down 11% from Apr. '18, Up 1% from May '17)Avg. price per sq. ft. (Solds): $136.62  (Up 2% from Apr. '18, Up 16% from May '17)Avg. Days on Market (...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Anthem Parkside real estate market remained on and even keel much like Anthem as a whole. Home sales increased 8% from April and were up 20% year over year.  The average sale price was down 4% versus April and up 6% over May 2017.  The average price per square foot decreased 2% from April, and was up 4% year over year for the Parkside. The average days on market decreased 28% versus April and was down 25% over May 2017. The inventory of homes on the market is at a 2.44 month’s supply, still marking a strong seller's market. The 12 month moving average, $310,188 is up 7% from last year, staying consistent over the past year. The number of homes currently on the market ratcheted up to 108, while the number of homes currently under contract in the Parkside is 75, foretelling a strong ...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Anthem Country Club real estate market remained on an even keel through May. Although prices rose dramatically. The total number of homes sold in the Country Club was up 14% over April,  and up 4% versus May 2017.  The average sale price increased by 26% versus April, and up 12% year over year. The price per square foot also increased 10% from April and was up 3% year over year as well.  The days on market decreased 13% over April, and was down 30% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.07 month’s supply, still a buyer's market. The 12 month moving average increased, (+1%), now standing at $428,050.  There are now 86 homes on the market in the Club, down 8% from April.  With only 28 homes currently under contract June might well ...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Anthem real estate market picked back up in May.  The total number of homes sold increased by 9% over April, and was up 5% from May 2017.  The average sale price of homes that sold in May was up 6% over April and was up 8% from May 2017.  The price per square foot also increased by 3% versus April but was up 2% year over year.  The 12 month moving average ($338,050) increased 1% month over month and is up 7% from last year.  Days on market decreased, now standing at 57 days, down 17% versus April and down 27% from May 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.73 month’s supply, leaning back toward a more balanced market.  There are now 196 homes on the market in Anthem, and 113 homes pending/under contract. Download my mobile app at: Long...
Comments 2
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Villas real estate market remained on an even keel in April. 3 homes closed escrow in The Villas during April, the same as March. There are currently 3 homes on the market in The Villas.  And there's one home under contract, which doesn't bode well for May's market report. The 12 month moving average price, $170,761 ticked up a little and is still up 7% versus April 2017. Here are the latest stats for the 31 days ending 4/30/18:Active Listings: 3Homes Pending: 1Homes sold in last 90 days:  3 (Same as March. '18,  Down 25% from Apr. '17)Burn rate (Inventory on market / by homes currently under contract) = 4.00Avg. Sale price (Solds): $197,467 (Up 19% from Mar. '18, Up 14% from Apr. '17)Avg. price per sq. ft. (Solds): $134.32  (Up 1% from Mar. '18, Up 14% from Apr. '17)Avg. Days on M...
Comments 2
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Anthem Parkside real estate market pulled back a bit in April. Home sales fell 11% from March and were down 7% year over year.  The average sale price was up 2% over March and up 14% over April 2017.  The average price per square foot decreased 1% from March, but was up 3% year over year for the Parkside. The average days on market decreased 4% versus March and was up 15% over April 2017. The inventory of homes on the market is at a 2.76 month’s supply, still marking a strong seller's market. The 12 month moving average, $308,740 is up 6% from last year, staying consistent over the past year. The number of homes currently on the market ratcheted up to 120, while the number of homes currently under contract in the Parkside is 68, foretelling a strong report in May.   Download my mob...
Comments 2
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Anthem Country Club real estate market cooled off in April . The total number of homes sold in the Country Club fell off down 41% versus March,  and down 19% from April 2017.  The average sale price decreased by 25% versus March, and was down 15% year over year. The price per square foot also decreased 7% from March and was down 7% year over year as well.  The days on market decreased 11% over March, and up 29% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.44 month’s supply, still a buyer's market. The 12 month moving average decreased for the second time this year, (-1%), now standing at $423,504.  There are now 93 homes on the market in the Club, up 1% from March.  With only 27 homes currently under contract May might see a retractio...
Comments 2
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Anthem real estate market pulled back in April.  And the numbers are very similar to those of April 2017. The total number of homes sold dropped by 18% from March, and was down 13% from April 2017.  The average sale price of homes that sold in April was down 11% from March but was almost identical to April 2017.  The price per square foot also dropped by 3% versus March but was up 2% year over year.  The 12 month moving average ($335,850) barely increased month over month and is up 6% from last year.  Days on market decreased, now standing at 69 days, down 14% versus March and up 10% from April 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.98 month’s supply, leaning back toward a more balanced market.  There are now 198 homes on the market i...
Comments 3
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Villas real estate market peeled back a bit in March. 3 homes closed escrow in The Villas for the month of March. There are currently 4 homes on the market in The Villas.  And there are no homes under contract, which doesn't bode well for April's market report. The 12 month moving average price, $168,600 ticked down as well but is still up 9% versus March 2017. Here are the latest stats for the 31 days ending 3/31/18:Active Listings: 4Homes Pending: 0Homes sold in last 90 days:  3 (Down 25% from Feb. '18,  Up 3 sales from Mar. '17)Burn rate (Inventory on market / by homes currently under contract) = N/AAvg. Sale price (Solds): $166,333 (Down 11% from Feb. '18)Avg. price per sq. ft. (Solds): $133.53  (Down 7% from Feb. '18)Avg. Days on Market (Solds): 13 (Down 66% from Feb. '18)To re...
Comments 1