Kind of a mixed bag in the Anthem Country Club real estate market during December. The total number of homes sold in the Country Club was up 27% versus November and up 46% from December 2017, breaking a 3 month skid. The average sale price increased by 2% from November, but was down 6% from December 2017. The price per square foot also rose 4% from November and was up 3% year over year. But more importantly for the fourth month in a row the 12 month moving average slipped, now at $430,256, down .5% from November and up 4% from December 2017. The days on market decreased 27% from November, but was up 18% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.53 month’s supply, a slight buyer's market. There are 76 homes on the market in the Club, same as November. With 30 homes currently under contract, January will probably be a bit better than December in the Anthem Country Club real estate market.
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Here are the numbers for Anthem Country Club through December 2018:
Active Listings: 76
Homes Pending: 30
Homes sold in last 30 days: 19 (Up 27% from Nov. '18, Up 46% from Dec. '17)
Burn rate (Inventory on market / by homes currently under contract) = 3.53 months supply
Avg. Sale price (Solds): $408,050 (Up 2%. from Nov. '18, Down 6% from Dec. '17)
Avg. price per sq. ft. (Solds): $171.30 (Up 4% from Nov. '18, Up 3% from Dec. '17)
Avg. Days on Market (Solds): 72 (Down 27% from Nov. '18, Up 18% from Dec. '17)
Highest Sold: $660,000
Lowest Sold: $220,000
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