Sales activity and prices dipped a bit in the Anthem Country Club real estate market in June. The total number of homes sold in the Country Club was down 28% versus May, and down 38% versus June 2017. The average sale price fell by 6% against May, but was up 3% year over year. The price per square foot also decreased 1% from May and was up 6% year over year as well. The days on market jumped 36% over May, but was down 5% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.59 month’s supply, still a buyer's market. The 12 month moving average was flat, now standing at $429,930. There are now 79 homes on the market in the Club, down 8% from May. With only 22 homes currently under contract it looks like July will be an even slower month in the Anthem Country Club real estate market.
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Here are the numbers for Anthem Country Club through June 2018:
Active Listings: 79
Homes Pending: 22
Homes sold in last 30 days: 18 (Down 28% from May '18, Down 38% from June '17)
Burn rate (Inventory on market / by homes currently under contract) = 4.59 months supply
Avg. Sale price (Solds): $418,842 (Down 6%. from May '18, Up 3% from June '17)
Avg. price per sq. ft. (Solds): $166.19 (Down 1% from May '18, Up 6% from June '17)
Avg. Days on Market (Solds): 101 (Up 36% from May '18, Down 5% from June '17)
Highest Sold: $660,000
Lowest Sold: $215,000
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