Anthem, AZ Country Club Real Estate Market Report - Mar. 2019

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

The Anthem Country Club real estate market continued to plateau in March, although the month over month numbers looked a little better. The total number of homes sold in the Country Club was up 44% versus February but was down 38% from March 2018. The average sale price increased by 11% over February, but was down 8% from March 2018. The price per square foot rose 1% from February but was virtually the same year over year. But more importantly for the seventh month in a row the 12 month moving average slipped, now at $413,759, down 2% from February and now down 4% from March 2018. The days on market increased 20% from February and was up 27% year over year. The burn rate, (or homes under contract versus homes on the market) is now 2.40 month’s supply, signalling a seller's market but the other numbers don't support that fact.  There are 56 homes on the market in the Club, with 40 homes currently under contract. April will probably be a bit better than March in the Anthem Country Club real estate market, but probably not by much. 

 

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 March 2019:

 Active Listings: 56

Homes Pending: 40

Homes sold in last 30 days: 23 (Up 44% from Feb. '19, Down 38% from Mar. '18)

Burn rate (Inventory on market / by homes currently under contract) = 2.40 months supply

Avg. Sale price (Solds): $436,257 (Up 11%. from Feb. '19, Down 8% from Mar. '18)

Avg. price per sq. ft. (Solds): $164.20 (Up 1% from Feb. '19, Same as Mar. '18)

Avg. Days on Market (Solds): 122 (Up 20% from Feb. '19, Up 27% from Mar. '18)

Highest Sold: $710,000

Lowest Sold: $218,000

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

 

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Rainer
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Jun 02, 2019 08:32 PM #1
Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable real estate market data for home buyers and sellers in Anthem, Arizona, Jerry.

Jun 03, 2019 01:40 AM #2
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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