The Villas real estate market remained on an even keel in April. 3 homes closed escrow in The Villas during April, the same as March. There are currently 3 homes on the market in The Villas. And there's one home under contract, which doesn't bode well for May's market report. The 12 month moving average price, $170,761 ticked up a little and is still up 7% versus April 2017.
Here are the latest stats for the 31 days ending 4/30/18:
Active Listings: 3
Homes Pending: 1
Homes sold in last 90 days: 3 (Same as March. '18, Down 25% from Apr. '17)
Burn rate (Inventory on market / by homes currently under contract) = 4.00
Avg. Sale price (Solds): $197,467 (Up 19% from Mar. '18, Up 14% from Apr. '17)
Avg. price per sq. ft. (Solds): $134.32 (Up 1% from Mar. '18, Up 14% from Apr. '17)
Avg. Days on Market (Solds): 100 (Up 769% from Mar. '18, Up 588% from Apr. '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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