Anthem Market Report May 2011 – Country Club

The market has continued to gain some strength in the Country Club section of Anthem.  Year over year the average sale price is down 3% but the price per sq. ft. actually increased by 2%.  Which is a good precursor to prices in general rising soon.

May ’11         April ’11      5/11 vs. 4/11       5/11 vs. 5/10

Active homes                                66                   55                    +20%                           N/A

Pending homes                             31                   55                     -44%                            N/A

Sold homes                                     22                  21                        +5%                           Even

Avg. Sale Price                      $276,959  $261,046                 +6%                          -3%

% of List Price                              98%                97%                     +1%                           Even

Avg. Sq. Ft. Price                    $115.33     $106.49                   +8%                           +2%

Days on market                         117                 115                        +2%                          +65%

Highest Sold                         $610,000  $509,000               +20%                         +12%

Lowest Sold                           $102,000   $124,500                -18%                           -11%

For more information about Phoenix real estate please visit: www.ArizonaPremiereLiving.com

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