First Arizona Title's Market Report

Anthem, AZ

Single-Family Homes

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



Anthem, AZ

Mon Oct 03 2022
This week the median list price for Anthem, AZ is $625,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has increased to 91. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Anthem, AZ

Mon Oct 03 2022
This week the median list price for Anthem, AZ is $625,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has increased to 91. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Anthem market.
Median List Price $625,000
Median Price of New Listings $569,000
Per Square Foot $276
Average Days on Market 53
Median Days on Market 49
Price Decreased 55%
Price Increased 3%
Relisted 9%
Inventory 91
Median Rent
Market Action 37
Slight Seller's Advantage

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
$862,450 3,124 0.25 - 0.5 acre 4 3.5 20 2 2 80
$659,000 2,350 6,500 - 8,000 sqft 4 2.5 20 3 0 35
$575,000 2,168 4,500 - 6,500 sqft 4 2.5 19 2 1 28
$489,000 1,672 4,500 - 6,500 sqft 3 2 19 4 4 35