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

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000

Prices rose but sales activity slipped in the Anthem Country Club real estate market during November. The total number of homes sold in the Country Club was down 6% versus October and was down 12% from Noveber 2017.  Marking 3 months in row of declining home sales. The average sale price increased by 5% from October, but was down 22% from November 2017. The price per square foot also fell 3% from October but was up 4% year over year. But more importantly for the third month in a row the 12 month moving average slipped now at $432,032, down 2% from October and up 6% from November 2017. The days on market increased 23% over October, but was down 22% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.62 month’s supply, now a strong buyer's market.  There are 76 homes on the market in the Club, same as October.  With 21 homes currently under contract it looks like December might be a bit better than November 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 November 2018:

 Active Listings: 76

Homes Pending: 21

Homes sold in last 30 days: 15 (Down 6% from Oct. '18, Down 12% from Nov. '17)

Burn rate (Inventory on market / by homes currently under contract) = 4.62 months supply

Avg. Sale price (Solds): $401,700 (Up 5%. from Oct. '18, Down 21% from Nov. '17)

Avg. price per sq. ft. (Solds): $164.74 (Down 3% from Oct. '18, Up 4% from Nov. '17)

Avg. Days on Market (Solds): 98 (Up 23% from Oct. '18, Down 22% from Nov. '17)

Highest Sold: $730,000

Lowest Sold: $210,000

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.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 and best of luck!

Dec 18, 2018 06:59 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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