Anthem, AZ Country Club Real Estate Market Report - Jan. 2017

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

 

January marked the return of sales of the larger homes in the Anthem Country Club.. The total number of homes sold in the Country Club decreased slightly from December, but was up slightly year over year.  The average sale price jumped greatly over December 2016, most likely attributed to larger, more expensive homes selling. Year over year the average sale price increased by 10% and the price per square foot continued to move up, 5% year over year.  The days on market continued to move down, and the burn rate, (or homes under contract versus homes on the market) is now  4.84 month’s supply. One thing to watch closely is the 12 month moving average, which dropped again year over year (-4%).  There are  now  96  homes on the market in the Club, up 13% from December.  If January is any indicator, 2017 should be a pretty good year for the Anthem Country Club.

 

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 January 2017:

 

Active Listings: 96

Homes Pending: 25

Homes sold in last 30 days: 16 (Down 11% from Dec. '16, Up 14% from Jan. '16)

Burn rate (Inventory on market / by homes currently under contract) = 4.84 months supply

Avg. Sale price (Solds): $504,612 (Up 56%. from Dec. '16,  Up 10% from Jan. '16)

Avg. price per sq. ft. (Solds): $155,41  (Up 2% from Dec. '16,  Up 5% Jan. '16)

Avg. Days on Market (Solds): 61 (Down 33% from Dec. '16, Down 46% from Jan.'16)

Highest Sold: $840,000

Lowest Sold: $207,500

To receive a free market 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

 

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

And follow me on Twitter at: JWMIMAZRealtor

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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Jerry Murphy, CRS Thank you for taking the time to prepare and share this real estate market insight.  It's exactly the type of information that buyers and sellers need to better understand the dynamics of the market.

Feb 05, 2017 06:56 AM #1
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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