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

The Anthem Country Club housing market is continuing to slightly decelerate. The number of homes sold in July decreased from June, for the second month in row.  This may be due to a lack of supply rather than a decline in demand, as we see this trend throughout the valley. The average sale price edged up versus June, but the price per square foot decreased.   The twelve month moving average is 11% above the same period last year.  The sale price/list price percentage narrowed a bit, but is off from last year.  Days on market increased dramatically as well, although that could be symptomatic of sellers of long time listings reducing their prices to more attractive levels. As I mentioned last month these two little trends may be signifying a slowing in the market.  There are currently 70 homes actively on the market, an increase of 30% over June, with 25 under contract, in the Country Club.                                        

Here are the numbers for the Country Club through July 2013:

                       July ’13       June ’13        July ’12   July v. June ’13  July v. July ‘12

Sold                        4                  7                    4               -43%                   —

Avg. Sale Price   $288,975    $263,357      $348,925         +10%                     -17%

Avg. List Price    $290,725    $275,786      $347,300          +5%                     -16%

Sale/List Price        98%            95%              100%             +3%                       -2%

Price per Sq. Ft.    $130.17      $132.56        $129.89         -2%                       —

Days on Market         137                58                 87             +136%                    +56%

Highest Sold          $549,900    $413,500      $413,000

Lowest Sold           $181,000    $175,000      $265,000

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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