First Integrity Title Market Report
Anthem, AZ
Single-Family Homes
www.FirstIntegrityTitle.com | 303.837.9171
Anthem, AZ
Thu Feb 25 2021
This week the median list price for Anthem, AZ is $722,500 with the market action index hovering around 83. This is less than last month's market action index of 84. Inventory has held steady at or around 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.
Real-Time Market Profile
| Median List Price | $722,500 | |
| Per Square Foot | $234 | |
| Days on Market | 14 | |
| Price Decreased | 29% | |
| Price Increased | 7% | |
| Relisted | 0% | |
| Inventory | 14 | |
| Median Rent | ||
| Most Expensive | $1,175,000 | |
| Least Expensive | $425,000 | |
| Market Action | 83 | |
| Strong Seller's Market | ||
While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,165,000 | 4,017 | 0.25 - 0.5 acre | 4 | 3 | 15 | 1 | 0 | 84 |
| $775,000 | 3,444 | 0.25 - 0.5 acre | 4 | 3 | 20 | 0 | 1 | 28 |
| $709,500 | 3,323 | 0.25 - 0.5 acre | 3 | 2 | 20 | 1 | 2 | 10 |
| $435,500 | 1,964 | 4,500 - 6,500 sqft | 3 | 2 | 16 | 0 | 3 | 10 |