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 November 2023

At the same time last year, Anthem West was a Neutral 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

$530,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,500(+5.7%)

Key Takeaway

Homes in Anthem West have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Anthem West was $530,000 in November 2024, up 5.7% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $450K$470K
+4.4%
4 $520K$560K
+7.7%
5+ $674.9K$620K
-8.1%

Summary: Anthem West housing prices by bedroom type for November 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 increased by 4.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 8.1%.

Housing Supply in Anthem West, AZ

How many homes are available in Anthem West, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2220-9.1%

Summary: The Anthem West real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 109
-10.0%
5+ 45
+25.0%

Summary: The Anthem West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Anthem West in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
10 Days79 Days+696.7%

Summary: Homes in Anthem West had an average of 79 days on market in Nov 2024, up by 696.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Anthem West has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Anthem West; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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