Anthem AZ Real Estate – Country Club Market Report July ’10

The Country Club section of Anthem rebounded nicely in July.  Sales increased to 13 for the month.  The average sale price of those 13 homes increased again,  month over month as well as year over year.  Reading into the numbers, it seems that the larger homes are starting to move as the price per square foot decreased, but the average sale price increased.  That being said, as I stated last month,  it looks like the bargain basement homes may be a thing of the past in the Country Club.  Here’s a look at the numbers for July:

July ’11         June ’11      7/11 vs. 6/11       7/11 vs. 7/10

Active homes                             72                       65                   +11%                           N/A

Pending homes                          26                       30                     -13%                            N/A

Sold homes                                  13                          8                     +63%                         -50%

Avg. Sale Price                 $321,792          $317,819                +1%                           +8%

% of List Price                            99%                    97%                    -3%                          EVEN

Avg. Sq. Ft. Price               $112.44           $115.80                 EVEN                        +4%

Days on market                         95                      108                     -12%                         -10%

Highest Sold                       $530,000         $515,000               +3%                         +3%

Lowest Sold                        $134,400          $250,000            -46%                           -4%

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