Lack of homes for sale contributed to lower numbers of sales in Anthem and the Tramonto/Sonoran Foothills areas in September, while continuing to put upward pressure on prices in most zones of NoPho, the I-17 corridor from Norterra to New River.
Inventory of existing homes for sale remains extremely low across the region, while buyer demand remains high. Sales, represented by closings, tend to peak in spring and summer and tail off in fall and winter. With so few homes on the market, the total number of existing homes sold in September across NoPho fell to 140, which is 30 percent lower than August and 11 percent below last September.
The tight local market contrasts significantly with the nationwide 4.1-month supply of existing homes for sale. The median sales price nationally was $278,200 in August, the most recent month reported.
Homes for Sale in 85085, 85086 & 85087
Prickett Realty, serving Anthem & North Phoenix
See details by zone, including a list of every home sold:
Large Country Club View Lot
Bennington with 14-foot ceilings, fireplace, no homes behind, and near the first gate!
N Moss Springs Road, Anthem Country Club
3 BEDS | 2.5 BATHS | 3-CAR GARAGE | 2,542 SQFT | $440,000
Call 623-297-2557 or CLICK TO LEARN MORE