Is Anthem East, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anthem East is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Anthem East, AZ

How much do homes in Anthem East, AZ cost?

Median Sold Price

$511,750

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,916(-1.9%)

Key Takeaway

Homes in Anthem East have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Anthem East was $511,750 in March 2024, down 1.9% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $367K$355K
-3.3%
3 $480K$449.9K
-6.3%
4 $570K$551K
-3.3%
5+ $667.5K$721.4K
+8.1%

Summary: Anthem East housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 8.1%.

Housing Supply in Anthem East, AZ

How many homes are available in Anthem East, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7479+6.8%

Summary: The Anthem East real estate market had 79 homes for sale in March 2024, a 6.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 3231
-3.1%
4 2835
+25.0%
5+ 810
+25.0%

Summary: The Anthem East housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2416-33.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anthem East, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Anthem East in March 2024, down by 33.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.

Days on Market for Anthem East, AZ

How long does it take to sell a home in Anthem East, AZ?

Average Sale Time

Mar 2023Mar 2024CHANGE
80 Days44 Days-44.9%

Summary: Homes in Anthem East had an average of 44 days on market in Mar 2024, down by 44.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 16 homes were sold in Anthem East; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 15 Days Ago

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