The Anthem Country Club real estate market picked up a little bit in January, but prices are still a little flat. The total number of homes sold in the Country Club increased versus December, up 38%, and up 13% from January 2017. The average sale price increased by 4% over December, but was down 11% year over year. The price per square foot also decreased, down 7% from December and down 1% year over year. The days on market increased dramaticall from December, up 46%, and up 46% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.14 month’s supply, inching back to a more balanced market. The 12 month moving average continues to increase nicely year over year (+7%). There are now 88 homes on the market in the Club, up 16% from December.
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Here are the numbers for Anthem Country Club through January 2018:
Active Listings: 88
Homes Pending: 28
Homes sold in last 30 days: 18 (Up 38% from Dec. '17, Up 13% from Jan. '17)
Burn rate (Inventory on market / by homes currently under contract) = 4.14 months supply
Avg. Sale price (Solds): $451,153 (Up 4%. from Dec. '17, Down 11% from Jan. '17)
Avg. price per sq. ft. (Solds): $154.41 (Down 7% from Dec. '17, Down 1% from Jan. '17)
Avg. Days on Market (Solds): 89 (Up 46% from Dec. '17, Up 46% from Jan. '17)
Highest Sold: $728,450
Lowest Sold: $207,000
To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com
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