Anthem AZ Real Estate – Market Report Country Club Aug. 2011

Country Club homes sales fell off sharply in August, down to only 1 closing.  So analysis of month to month and year over are pointless due to the small sample size.  One positive note is that the number of homes under contract did increase by 27%  over July.  So we should see improved sales numbers in September and the subsequent months.  Here’s a look at the numbers for August:

Aug. ’11         July ’11      8/11 vs. 7/11       8/11 vs. 8/10

Active homes                            75                       72                    +4%                           N/A

Pending homes                         33                       26                    +27%                         N/A

Sold homes                                   1                        13                     -92%                         -95%

Avg. Sale Price                 $575,000          $321,792          +79%                        +80%

% of List Price                            96%                    99%                    -3%                          EVEN

Avg. Sq. Ft. Price               $133.13           $112.44                +18%                        +15%

Days on market                         95                      95                      EVEN                        -47%

Highest Sold                       $575,000         $530,000             +8%                         +5%

Lowest Sold                        $575,000          $134,400           +328%                    +259%

For a free market valuation of your Anthem home please call Jerry at 602-334-3757 or Ben at 480-220-8022.

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

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