The Anthem AZ real estate market was kind of a mixed bag to start 2010. The inventory of homes for sale remained the same. However the Average Sales Price dove sharply. This may be anomaly however, being the first month in several where we’ve seen a dip. The burn rate is still 2 months, and the average days on market is only 79. One of the more interesting and positive statistics is the number of homes currently pending (or under contract). That number rose dramatically versus December and on a Year over Year basis. Based on those statistics we have a traditional seller’s market in Anthem. Anthem’s housing market looks to be once again on stable footing.
Here are the lastest stats for the week ending 1/31/10:
Active Listings: 227 (Same as Dec. ‘09, Down 26% from Jan. ‘09)
Homes Pending: 273 (Up 58% from Dec. ‘09, Up 168% from Jan. 09)
Homes sold in last 30 days: 48 (Down 44% from Dec. ‘09, Up 7% over Jan. ‘09)
Burn rate (Inventory on market / by homes currently under contract) = 2 months supply
Avg. Sale price (Solds): $199,727 (Down 15% from Dec. ‘09, Down 19% from Jan. ‘09)
Avg. price per sq. ft. (Solds): $88.02 (Down $8.76 per Sq. Ft. from Dec. ‘09, Down 14% from Jan. ‘09)
Avg. Days on Market (Solds): 79 (Up 3 days from Dec. 09, Down 32 days, 29% from Jan. ‘09)
For graphical interpretation of this data please visit: www.allaboutanthem.com
For more general information about Anthem visit: www.onlineatanthem.com
And for more information about myself and my business partner and the Anthem real estate, Phoenix real estate, and Scottsdale real estate markets please visit our website at:
http://www.arizonapremiereliving.com/
Filed under: Uncategorized | Tagged: Anthem AZ Real Estate, Living in Arizona, bank owned homes, foreclosures, short sales, homes | Leave a Comment »













Anthem is situated at the base of this aptly named mountain. During the spring it is resplendent with yellow daisies. For more photos of go to the “Pictures of Anthem” page here at All About Anthem.


