Anthem, AZ Country Club Real Estate Market Report - Oct. 2017
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Anthem Country Club real estate market picked up in October. The total number of homes sold in the Country Club increased from September, up 22%, and up 10% from October 2016. The average sale price increased in October, up 14% from September, and up 6% year over year. The price per square foot dropped a little, down 2% from September and was flat year over year. The days on market increased significantly from September, up 34%, but down 23% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.27 month’s supply, edging toward a buyer's market. Again, the 12 month moving average continues increase nicely year over year (+5%). There are now 72 homes on the market in the Club, up 1% from September.Download my mobile app at: LongRealtyapp.com...