Anthem, AZ Country Club Real Estate Market Report - Oct. 2018

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000
https://activerain.com/droplet/5g9l

Prices AND sales activity plummeted in the Anthem Country Club real estate market during October. The total number of homes sold in the Country Club was down 30% versus September and was down 27% from October 2017.  The average sale price dropped by 22% from September, and was down 12% from October 2017. The price per square foot also fell 2% from September but was up 12% year over year.  Some good news, the days on market dropped 30% versus September, and was down 42% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.71 month’s supply, still a buyer's market. And the 12 month moving average was down 1% from September but up 9% year over year, now standing at $439,056.  There are 76 homes on the market in the Club, down 5% from September.  With 28 homes currently under contract  it looks like November might be a bit better than September and October in the Anthem Country Club real estate market. 

 

If you'd like to discuss the prospect of selling your Anthem Country Club and your various options please call me at 602-334-3757 

 

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 October 2018:

 Active Listings: 76

Homes Pending: 28

Homes sold in last 30 days: 16 (Down 30% from Sept. '18, Up 27% from Oct. '17)

Burn rate (Inventory on market / by homes currently under contract) = 3.71 months supply

Avg. Sale price (Solds): $383,706 (Down 22%. from Sept. '18, Down 12% from Oct. '17)

Avg. price per sq. ft. (Solds): $169.23 (Down 2% from Sept. '18, Up 12% from Oct. '17)

Avg. Days on Market (Solds): 80 (Down 30% from Sept. '18, Down 42% from Oct. '17)

Highest Sold: $749,900

Lowest Sold: $229,900

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.JWMurphy.LongRealty.com

 

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

And follow me on Twitter and Instagram at: JWMIMAZRealtor

 

Originally posted at: https://www.longrealty.com/blog/anthem-az-country-club-real-estate-market-report-oct-2018.html

 

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always good to be in the loop. Thank you for sharing this with us!

Nov 14, 2018 07:10 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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