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Anthem, AZ Country Club Real Estate Market Report - July 2017

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000

The Anthem Country Club real estate market pulled back dramatically in July. The total number of homes sold in the Country Club decreased from June, down 38%,  however it was up 38% over an anemic July 2016.  The average sale price decreased in July, and was up year over year by 19%. The price per square foot decreased 6% from June and fell 2% year over year.  The days on market jumped 24% versus June and was up 18% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.81 month’s supply, edging back toward a buyer's market. Again, the 12 month moving average increased nicely year over year (+6%).  There are now 59 homes on the market in the Club, down 16% from June.

Download my mobile app at: LongRealtyapp.com/JerryMurphy  to search for homes for sale, or just to find out what price that home down the street is listed.

 Here are the numbers for Anthem Country Club through June 2017:

 Active Listings: 59

Homes Pending: 21

Homes sold in last 30 days: 18 (Down 38% from June '17, Up 38% from July '16)

Burn rate (Inventory on market / by homes currently under contract) = 3.81 months supply

Avg. Sale price (Solds): $403,025 (Down 1%. from June '17,  Up 19% from July '16)

Avg. price per sq. ft. (Solds): $147.66 (Down 6% from June '17,  Down 2% July '16)

Avg. Days on Market (Solds): 131 (Up 24% from June '17, Up 18% from July '16)

Highest Sold: $669,000

Lowest Sold: $234,000

To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

 

Search for other Anthem, AZ homes for sale at: www.AnthemAZhomesforsale.com

 

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Comments (1)

Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us all in the loop. Best of luck!

Aug 17, 2017 08:17 AM