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

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000
https://activerain.com/droplet/52WY

 

Activity picked up in the Anthem Country Club during the month of March. The total number of homes sold in the Country Club increased significantly over February, and was up slightly year over year as well.  The average sale price increased over Februaryc 2017. Year over year the average sale price increased by 17%,  and the price per square foot increased 7% year over year.  The days on market dropped dramatically, 39% versus February and 36% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.58 month’s supply. One thing to watch closely is the 12 month moving average, which dropped again year over year (-2%).  There are  now  98  homes on the market in the Club, down 1% from February. Hopefully March is the begining of better things to come for 2017.

 

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 March 2017:

 Active Listings: 98

Homes Pending: 38

Homes sold in last 30 days: 28 (Up 87% from Feb. '17, Up 12% from Mar. '16)

Burn rate (Inventory on market / by homes currently under contract) = 3.58 months supply

Avg. Sale price (Solds): $386,210 (Up 8%. from Feb. '17,  Up 17% from Mar. '16)

Avg. price per sq. ft. (Solds): $157.13 (Up 7% from Feb. '17,  Up 7% Mar. '16)

Avg. Days on Market (Solds): 89 (Down 39% from Feb. '17, Down 34% from Mar.'16)

Highest Sold: $760,000

Lowest Sold: $218,000

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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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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