Anthem, AZ Real Estate Market Report – Country Club Oct. 2013

The Anthem Country Club saw activity pick up a bit in the month of October. The number of homes sold increased over September.  However, the average sale price of those sold homes was far less than September, more indicative of smaller, lesser priced homes selling than a downward trend in price.  The price per square foot increased, which lends support to my previous assertion.  The twelve month moving average is 13% above the same period last year, continuing a strong trend that has now lasted almost two years. Days on market increased a little, but that’s to be expected as we enter the fall and winter season. There are currently 71 homes actively on the market, with 21 homes currently under contract, in the Country Club.

Long Realty is conducting a food drive through the month of November to support the Foothills Food Bank.  Please drop off a few cans of food or other non-perishable goods if you can spare at our Anthem office, 4215 W. Anthem Way, Ste. 113.  Our office is open between 8AM – 5PM Monday through Friday.  We greatly appreciate your generosity.

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

                           Oct. ‘13       Sept. ’13     Oct. ’12   Oct. v. Sept. ’13   Oct. v. Oct. ‘12

Sold                         9                    2                 3              +450%                     +350%

Avg. Sale Price   $324,000    $398,750      $370,677         -19%                   -13%

Avg. List Price    $332,467    $405,750      $373,000         -18%                   -11%

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

Price per Sq. Ft.  $151.96      $149.89         $123.66            +1%                    +23%

Days on Market       73               62                 150                +18%                    -51%

Highest Sold        $470,000    $460,000      $475,000

Lowest Sold         $206,000    $337,500      $262,000

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 or e-mail: jwmurphy@longrealty.com

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

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: