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

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

Sales activity and prices dipped a bit in the Anthem Country Club real estate market in June. The total number of homes sold in the Country Club was down 28% versus May,  and down 38% versus June 2017.  The average sale price fell by 6% against May, but was up 3% year over year. The price per square foot also decreased 1% from May and was up 6% year over year as well.  The days on market jumped 36% over May, but was down 5% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.59 month’s supply, still a buyer's market. The 12 month moving average was flat, now standing at $429,930.  There are now 79 homes on the market in the Club, down 8% from May.  With only 22 homes currently under contract  it looks like July will be an even slower month 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 June 2018:

 Active Listings: 79

Homes Pending: 22

Homes sold in last 30 days: 18 (Down 28% from May '18, Down 38% from June '17)

Burn rate (Inventory on market / by homes currently under contract) = 4.59 months supply

Avg. Sale price (Solds): $418,842 (Down 6%. from May '18,  Up 3% from June '17)

Avg. price per sq. ft. (Solds): $166.19 (Down 1% from May '18, Up 6% from June '17)

Avg. Days on Market (Solds): 101 (Up 36% from May '18, Down 5% from June '17)

Highest Sold: $660,000

Lowest Sold: $215,000

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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Rainmaker
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Joyce Marsh, Daytona Beach Florida
Award Winning Luxury Expert, Premier Sotheby's International Realty - Daytona Beach, FL
Presenting The Finest in Florida Luxury Living...

Local home buyers and sellers will appreciate your updated real estate sales information and market trends. 

Jul 10, 2018 12:49 AM #1
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Rainmaker
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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