Anthem, AZ Real Estate Market Report July 2014 – Country Club….

Anthem Country Club photo

The Anthem Country Club real estate market saw an uptick in activity (homes sold) in the month of July, however, the average sale price declined sharply. The average price fluctuates greatly on a monthly basis, so this decline might be simply explained by the fact that more lower priced homes sold versus those in the upper price tiers, thereby dragging down the average. The 12 month moving average, which now stands at $401,050, continues to show increases month over month and is currently up 12% over last year. The days on market decreased slightly compared to June, much lower than a year ago. The list to sales price decreased slightly as well. That coupled with the days on market may suggest that sellers are starting to negotiate their home sales in line with the market trend.  The number of homes currently on the market stands at 85, a 12% decrease from June, and 21% higher than this time last year, which could possibly be the result of sellers pulling their homes off the market, waiting for the market to improve. The number of homes currently under contract in the Country Club is 18.

 

Here are the numbers for the Anthem Country Club for July:

  July ’14 June ’14  July’13 July vs Jun ’13
Sold 24 18 4 +33% +600%
Avg. Sale Price $382,295 $445,156 $288,975 -14% +32%
Avg. List Price $397,664 $459,739 $290,725 -14% +37%
Sale/List Price 96% 97% 98% -1% -2%
Price Per Sq. Ft. $140.52 $152.68 $130.17 -8% +8%
Days on Market 102 107 137 -5% -26%
Highest Sold $665,000 $625,000 $549,900 . .
Lowest Sold $180,000 $225,000 $181,000 . .

 

If you ever have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, give me a call at 602-334-3757. Please visit my blog www.AllAboutAnthem.info for more information about Anthem. And to search for Anthem homes for sale just go to www.JWMurphy.LongRealty.com

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