Is Sun City Anthem, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun City Anthem is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Sun City Anthem has remained a Seller's Market.

Key Takeaway

Sun City Anthem is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sun City Anthem, NV

How much do homes in Sun City Anthem, NV cost?

Median Sold Price

$547,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,000(+0.4%)

Key Takeaway

The sold price of homes in Sun City Anthem has remained the same since last year.

Summary: The median home sold price in Sun City Anthem was $547,000 in May 2024, up 0.4% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $489.3K-
N/A
2 $477.5K$495K
+3.7%
3 $647K$645K
-0.3%
4 $760K$785K
+3.3%
5+ --
N/A

Summary: Sun City Anthem housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Anthem
+1.2%
Sun City Anthem
0.4%

Housing Supply in Sun City Anthem, NV

How many homes are available in Sun City Anthem, NV?

Number of Homes For Sale

Apr 2024May 2024CHANGE
130139+6.9%

Summary: The Sun City Anthem real estate market had 139 homes for sale in May 2024, a 6.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 8898
+11.4%
3 3941
+5.1%
4 30
-100.0%
5+ 00
0.0%

Summary: The Sun City Anthem housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
3646+27.8%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sun City Anthem, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Sun City Anthem in May 2024, up by 27.8% month-over-month. Of the 46 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.

Days on Market for Sun City Anthem, NV

How long does it take to sell a home in Sun City Anthem, NV?

Average Sale Time

May 2023May 2024CHANGE
53 Days39 Days-26.0%

Summary: Homes in Sun City Anthem had an average of 39 days on market in May 2024, down by 26% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sun City Anthem are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 46 homes were sold in Sun City Anthem; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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