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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anthem West is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Anthem West, AZ

How much do homes in Anthem West, AZ cost?

Median Sold Price

$520,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,737(+2.7%)

Key Takeaway

Homes in Anthem West have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Anthem West was $520,000 in April 2024, up 2.7% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $425K-
N/A
3 $487K$455K
-6.6%
4 $498.1K$560K
+12.4%
5+ $644K$700K
+8.7%

Summary: Anthem West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 8.7%.

Housing Supply in Anthem West, AZ

How many homes are available in Anthem West, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1721+23.5%

Summary: The Anthem West real estate market had 21 homes for sale in April 2024, a 23.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 1012
+20.0%
5+ 44
0.0%

Summary: The Anthem West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anthem West, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Anthem West in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Anthem West, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
63 Days96 Days+53.6%

Summary: Homes in Anthem West had an average of 96 days on market in Apr 2024, up by 53.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Anthem West are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Anthem West; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 28 Days Ago

Newest Listings in Anthem West, AZ

Nearby Markets to Anthem West, AZ