The Anthem Country Club real estate market was almost identical to January through the month of February. The total number of homes sold in the Country Club decreased slightly versus January, down 6%, and up 13% from February 2017. The average sale price decreased by 2% from January, but was up 24% year over year. The price per square foot also increased, up 10% from January and up 16% year over year. The days on market decreased from January, down 16%, and down 49% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.05 month’s supply, signalling a balanced market. The 12 month moving average continues to increase nicely year over year (+8%), now standing at $417,553. There are now 86 homes on the market in the Club, down 2% from January.
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Here are the numbers for Anthem Country Club through February 2018:
Active Listings: 86
Homes Pending: 42
Homes sold in last 30 days: 17 (Down 6% from Jan. '18, Up 13% from Feb. '17)
Burn rate (Inventory on market / by homes currently under contract) = 3.05 months supply
Avg. Sale price (Solds): $442,912 (Down 2%. from Jan. '18, Up 24% from Feb. '17)
Avg. price per sq. ft. (Solds): $170.51 (Up 10% from Jan. '18, Up 16% from Feb. '17)
Avg. Days on Market (Solds): 75 (Down 16% from Jan. '18, Down 49% from Feb. '17)
Highest Sold: $730,000
Lowest Sold: $250,000
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