The Anthem Country Club real estate market took off in March . The total number of homes sold in the Country Club jumped dramatically versus February, up 118%, and up 32% from March 2017. The average sale price increased by 7% over February, and was up 22% year over year. The price per square foot also decreased 4% from February but was up 5% year over year. The days on market increased 28% over February, and up 8% year over year. The burn rate, (or homes under contract versus homes on the market) is now 5.00 month’s supply, shifiting to a buyer's market. The 12 month moving average continues to increase nicely year over year (+9%), now standing at $428,963. There are now 92 homes on the market in the Club, up 7% from January. With only 23 homes currently under contract May might see a retraction in overall activity in the Anthem Country Club real estate market.
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Here are the numbers for Anthem Country Club through March 2018:
Active Listings: 92
Homes Pending: 23
Homes sold in last 30 days: 37 (Up 118% from Feb. '18, Up 32% from Mar. '17)
Burn rate (Inventory on market / by homes currently under contract) = 5.00 months supply
Avg. Sale price (Solds): $472,781 (Down 7%. from Feb. '18, Up 22% from Mar. '17)
Avg. price per sq. ft. (Solds): $164.40 (Down 4% from Feb. '18, Up 5% from Mar. '17)
Avg. Days on Market (Solds): 96 (Down 28% from Feb. '18, Up 8% from Mar. '17)
Highest Sold: $780,000
Lowest Sold: $200,000
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