The Villas real estate market ramped up in February. 4 homes closed escrow in The Villas for the month of February, the most since September 2017. There are currently 5 homes on the market in The Villas. And there are 3 homes under contract, which bodes well for March's market report. The 12 month moving average price, $168,834 edged up as well and is now up 11% versus February 2017.
Here are the latest stats for the 31 days ending 2/28/18:
Active Listings: 5
Homes Pending: 3
Homes sold in last 90 days: 4 (Up 3 sales from Jan. '18, Up 33% from Feb. '17)
Burn rate (Inventory on market / by homes currently under contract) = 2.67 months supply
Avg. Sale price (Solds): $186,250 (Up 24% from Jan. '18, Up 21% from Feb. '17)
Avg. price per sq. ft. (Solds): $143.60 (Up 15% from Jan. '18, Up 12% from Feb. '17)
Avg. Days on Market (Solds): 38 (Up 31% from Jan. '18, Up 317% from Feb. '17)
To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com
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