First Integrity Title Market Report

Anthem, AZ

Single-Family Homes

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Anthem, AZ

Tue May 28 2024
This week the median list price for Anthem, AZ is $637,000 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 82. Click here to stay informed with the Anthem market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Anthem, AZ

Tue May 28 2024
This week the median list price for Anthem, AZ is $637,000 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 82. Click here to stay informed with the Anthem market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Anthem market.
Median List Price $637,000
Median Price of New Listings $499,995
Per Square Foot $289
Average Days on Market 74
Median Days on Market 42
Price Decreased 60%
Price Increased 2%
Relisted 5%
Inventory 82
Median Rent
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$977,500 3,297 0.25 - 0.5 acre 4 4 20 0 1 28
$759,500 2,964 8,000 - 10,000 sqft 4 3 21 2 5 70
$570,000 2,061 6,500 - 8,000 sqft 3 2 22 4 3 63
$489,900 1,616 4,500 - 6,500 sqft 3 2 20 7 3 21