Lawyers Title Market Report

Anthem, AZ

Single-Family Homes

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Anthem, AZ

Mon Jun 21 2021
This week the median list price for Anthem, AZ is $595,000 with the market action index hovering around 88. This is less than last month's market action index of 90. Inventory has increased to 24. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Anthem, AZ

Mon Jun 21 2021
This week the median list price for Anthem, AZ is $595,000 with the market action index hovering around 88. This is less than last month's market action index of 90. Inventory has increased to 24. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Anthem market.
Median List Price $595,000
Median Price of New Listings $495,000
Per Square Foot $237
Average Days on Market 23
Median Days on Market 11
Price Decreased 33%
Price Increased 4%
Relisted 0%
Inventory 24
Median Rent
Market Action 88
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

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
$1,099,250 3,864 0.25 - 0.5 acre 4 4 18 0 0 56
$736,950 3,375 8,000 - 10,000 sqft 5 3 18 2 1 10
$527,445 2,659 4,500 - 6,500 sqft 4 3 17 1 2 10
$412,500 1,649 4,500 - 6,500 sqft 3 2 17 2 4 7