The Anthem Country Club real estate market cooled off in April . The total number of homes sold in the Country Club fell off down 41% versus March, and down 19% from April 2017. The average sale price decreased by 25% versus March, and was down 15% year over year. The price per square foot also decreased 7% from March and was down 7% year over year as well. The days on market decreased 11% over March, and up 29% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.44 month’s supply, still a buyer's market. The 12 month moving average decreased for the second time this year, (-1%), now standing at $423,504. There are now 93 homes on the market in the Club, up 1% from March. With only 27 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 April 2018:
Active Listings: 93
Homes Pending: 27
Homes sold in last 30 days: 22 (Down 41% from Mar. '18, Down 19% from Apr. '17)
Burn rate (Inventory on market / by homes currently under contract) = 4.44 months supply
Avg. Sale price (Solds): $353,906 (Down 25%. from Mar. '18, Down 15% from Apr. '17)
Avg. price per sq. ft. (Solds): $153.57 (Down 7% from Mar. '18, Down 7% from Apr. '17)
Avg. Days on Market (Solds): 85 (Down 11% from Mar. '18, Up 29% from Apr. '17)
Highest Sold: $521,000
Lowest Sold: $200,000
To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com
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