March was a somewhat uneventful month for The Villas real estate market. No homes closed escrow in The Villas in March, down from 3 in February and 3 last March. There's only 1 home on the market in The Villas at this time and the 12 month moving average price, $154,856 continues to edge up, 3% versus 2016. Currently there are 6 homes under contract in The Villas.
Here are the latest stats for the 31 days ending 3/31/17:
Active Listings: 1
Homes Pending: 6
Homes sold in last 90 days: 0 (Down 300% from Feb. '17, Down 300% from Mar. '16)
Burn rate (Inventory on market / by homes currently under contract) = 1.17 months supply
Avg. Sale price (Solds): $0 (Down from Feb. '17, Down from Mar. '16)
Avg. price per sq. ft. (Solds): $0 (Down from Feb. '17, Down from Mar. '16)
Avg. Days on Market (Solds): 0 (Down from Feb. '17, Down from Mar. '16)
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Originally posted at: http://www.anthemazhomesforsale.com/general/anthem-az-serenity-villas-real-estate-market-report-nov-2016-152/
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