Anthem, AZ Country Club Real Estate Market Report - May 2018

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000
https://activerain.com/droplet/5cZT

The Anthem Country Club real estate market remained on an even keel through May. Although prices rose dramatically. The total number of homes sold in the Country Club was up 14% over April,  and up 4% versus May 2017.  The average sale price increased by 26% versus April, and up 12% year over year. The price per square foot also increased 10% from April and was up 3% year over year as well.  The days on market decreased 13% over April, and was down 30% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.07 month’s supply, still a buyer's market. The 12 month moving average increased, (+1%), now standing at $428,050.  There are now 86 homes on the market in the Club, down 8% from April.  With only 28 homes currently under contract June might well look like April and May 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 May 2018:

 Active Listings: 86

Homes Pending: 28

Homes sold in last 30 days: 25 (Up 14% from Apr. '18, Up 4% from May '17)

Burn rate (Inventory on market / by homes currently under contract) = 4.07 months supply

Avg. Sale price (Solds): $444,620 (Up 26%. from Apr. '18,  Up 12% from May '17)

Avg. price per sq. ft. (Solds): $168.46 (Up 10% from Apr. '18, Up 3% from May '17)

Avg. Days on Market (Solds): 74 (Down 13% from Apr. '18, Down 30% from May '17)

Highest Sold: $835,000

Lowest Sold: $226,000

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Arizona Maricopa County Anthem
Groups:
Almost Anything Goes
Law of Attraction for the REALTOR!
POSITIVE ATTITUDE for the Weary Soul
Anthem Homes for Sale
Tags:
arizona
homes for sale
az
realtors
golf
brokers
anthem
country club
agents
long realty
jerry murphy
how do i buy a home
how do i get a home loan

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,481,013
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this market information.  It's most informative.

Jun 28, 2018 06:28 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
479,046

Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
Ask me a question
*
*
*
*
Spam prevention

Additional Information