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

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

 

Sales activity picked up a bit but prices declined in the Anthem Country Club real estate market during July. The total number of homes sold in the Country Club was up 11% versus June and July 2017.  The average sale price fell by 4% versue June, and was the same as July 2017. The price per square foot also decreased 5% from June but was up 7% year over year.  The days on market dropped 9% versus June, and was down 30% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.43 month’s supply, still a buyer's market. The 12 month moving average was flat, now standing at $429,072.  There are now 68 homes on the market in the Club, down 14% from June.  With 28 homes currently under contract  it looks like August will be a little more active 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 July 2018:

 Active Listings: 68

Homes Pending: 28

Homes sold in last 30 days: 20 (Up 11% from June '18, Up 11% from July '17)

Burn rate (Inventory on market / by homes currently under contract) = 3.43 months supply

Avg. Sale price (Solds): $402,840 (Down 4%. from June '18,  Same as July '17)

Avg. price per sq. ft. (Solds): $157.84 (Down 5% from June '18, Up 7% from July '17)

Avg. Days on Market (Solds): 92 (Down 9% from June '18, Down 30% from July '17)

Highest Sold: $800,000

Lowest Sold: $214,000

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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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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