First Arizona Title's Market Report

Anthem, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Anthem, AZ

Wed Oct 04 2023
This week the median list price for Anthem, AZ is $699,999 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has increased to 26. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Wed Oct 04 2023
This week the median list price for Anthem, AZ is $699,999 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has increased to 26. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $699,999
Median Price of New Listings $999,000
Per Square Foot $277
Average Days on Market 72
Median Days on Market 39
Price Decreased 42%
Price Increased 4%
Relisted 12%
Inventory 26
Median Rent
Market Action 58
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,242,450 3,737 0.25 - 0.5 acre 4 4 18 3 1 59
$974,500 3,176 0.25 - 0.5 acre 4 4 19 2 2 38
$675,000 2,296 6,500 - 8,000 sqft 4 3 22 0 1 21
$498,000 1,827 4,500 - 6,500 sqft 3 2 19 2 2 42