All About Anthem

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

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

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The Anthem real estate market, as well as the valley as a whole, has really heated up over the past six months.  As you can see from the figures below, although the total number of homes sold in the Country Club in April fell off a bit, the average sale price and more importantly, the average price per square foot of homes sold, continues to increase. Currently there are only 60 homes actively on the market, with 73 under contract, in the Country Club. This is the lowest level of homes on the market we’ve seen in about 6 years.  Here are the numbers for the Country Club through April 2012:

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

Sold                         13              33                42                    -61%                            -69%

Avg.

Sale Price     $343,231    $328,840   $284,314     + 4%                           +21%

Avg.

List Price   $354,538    $341,632   $292,660       + 4%                          +21%

Sale Price/

List Price       97%                96%              97%                  + 1%                           -

Price per

Sq. Ft.          $117.41        $118.24        $112.38              – 1%                        + 4%

Days

on Market           86              142                86                   -39%                        +1%

Highest Sold   $549,000    $850,000      $550,000

Lowest Sold     $185,000    $136,000      $117,000

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

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

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