The average price of existing home sales jumped significantly in August across all five NoPho zones, compared to the year prior. However, average prices can vary notably due to the relatively low volume, especially if sales involve just a handful of large and/or well-upgraded homes. Note that price per square foot actually fell in two zones.
Still, the price increases are part of a years-long trend locally and across the nation. The median price of existing home sales nationwide in July, the most recent month available, was $269,600, up 4 percent from the previous year.
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Homes for Sale in 85085, 85086 & 85087
Prickett Realty, serving Anthem & North Phoenix
Meanwhile, it was a busy month. The total number of homes that closed in August, 184, was up from 164 the previous month and up 17 percent from last August. The robust sales continue to cause low inventory, which remains well below 6 months—the threshold for a seller’s market—in all five zones.
40808 N Laurel Valley, Anthem Parkside
4 BEDS | 3.5 BATHS | 4-CAR GARAGE | 3,484 SQFT | $519,000
Plenty of space inside, outside and in the garage
1619 W Owens Way, Anthem Country Club
2 BEDS | 2 BATHS | 2-CAR GARAGE | 1,157 SQFT | $244,000
Cute & cozy, move-in ready
40616 N Territory Trail, Anthem Parkside
3 BEDS | 2 BATHS | 2-CAR GARAGE | 1,567 SQFT | $299,000
Bright & glowing — and easy decision
Call or text 623-297-2557 to learn more.