Anthem, AZ Country Club Real Estate Market Report - Apr. 2018

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000

 

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.

 

Download my mobile app at: LongRealtyapp.com/JerryMurphy  to search for homes for sale, or just to find out what price that home down the street is listed.

 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

 

Search for other Anthem, AZ homes for sale at: www.AnthemAZhomesforsale.com

 

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

And follow me on Twitter at: JWMIMAZRealtor

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Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Jerry, nice market report around your communities.

Hope you had a wonderful Memorial Day 2018 and ... 

I wrote a new post about reaching out to ActiveRain members that are following me at the AR network, your name showed up #180 on my list ;o)

Please not: The number order has nothing to do with who's my favorite, I am going from the first page of followers and I am on page 46 and there approx 15+ members per page

 

May 31, 2018 01:12 PM #1
Rainmaker
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Joyce Marsh, Daytona Beach Florida
Joyce Marsh at Premier Sotheby’s International Realty - Daytona Beach, FL
Proudly Selling Florida Homes and Lifestyles

Thank you for sharing the latest sales and inventory report on this segment of the real estate market in Anthem, Arizona. 

Jun 03, 2018 01:37 AM #2
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Rainmaker
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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