Anthem, AZ Real Estate Market Report – Country Club May 2013

The Anthem Country Club housing market leveled off a bit as we approach the summer months. The number of homes sold in May decreased from April. And again, the average sale price dipped some compared to April.  However the year over year comparison shows a steady upward trend.  There are currently 56 homes actively on the market with 37 under contract, in the Country Club.

With home builders ramping up production and more and more home owners gaining equity in their homes, we expect to see more homes coming on the market in the next 6 to 12 months.  This additional inventory will begin to dampen the increase in home prices.  If you’re thinking of selling, now may be the best time.  Here are the numbers for the Country Club through May 2013:

                        May ’13       Apr. ’13        May ’12    May v. Apr. ’13   May. v. May ‘12

Sold                        10                  17                    9              -41%                     +11%

Avg. Sale Price   $329,240    $380,524      $267,978           -13%                     +23%

Avg. List Price    $338,290    $389,829      $270,178            -13%                     +25%

Sale/List Price        97%            98%              99%                  -1%                       -2%

Price per Sq. Ft.      $143.04      $145.88        $115.88             -2%                     +23%

Days on Market          48                69                  119             -30%                    -60%

Highest Sold          $539,000    $690,000      $390,000

Lowest Sold           $153,000    $152,000      $150,000

If ever you have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, please give me a call at 602-334-3757

To search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

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