Activity and prices ticked down a little in the Anthem real estate market through June. The total number of homes sold slipped 5% from May, and was down 25% from June 2017. The average sale price in June was down 1% versus May and was up 2% from June 2017. The price per square foot increased by 1% versus May and was up 5% year over year. The 12 month moving average ($338,616) was flat month over month and is now up 6% from last year. Days on market decreased, now standing at 65 days, up 14% versus May and down 4% from June 2017. The burn rate, (or homes under contract versus homes on the market) remains at 2.94 month’s supply, signaling a balanced market. There are now 188 homes on the market in Anthem, and 97 homes pending/under contract.
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Here are the latest stats for the month ending 6/30/18:
Active Listings: 188 (Down 4% from May '18, Up 11% from June '17)
Homes Pending: 97 (Down 14% from May '18, Down 16% from June '17)
Homes sold in last 30 days: 78 (Down 5% from May '18, Down 25% from June '17)
Burn rate (Inventory on market / by homes currently under contract) = 2.94 months supply
Avg. Sale price (Solds): $343,565 (Down 1% from May '18, Up 2% from June '17)
Avg. price per sq. ft. (Solds): $151.44 (Up 1% from May '18, Up 5% from June '17)
Avg. Days on Market (Solds): 65 (Up 14% from May '18, Down 4% from June '17)
Highest Sold: $660,000
Lowest Sold: $199,900
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