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2018-05-20 12:49:10
Weekly Anthem Real Estate Numbers Update 05/20/18

Homes Sold in Anthem for the past 30 days (including Arroyo Grande)

PARKSIDE
Homes Sold: 61
Av. List Price: $356,202
Av. Pending Price: $319,490
Av. Sold Price: $317,764
Av. Sold Price Per sq ft: $141.24
Av. Sold Agent Days on Market: 55
Total listed as 'Active': 101 (incl. CCBS/UCB): 136
Closing Price average is 99% to list price.
Active inventory: 1.66
Total inventory: 2.23

 

COUNTRY CLUB
Homes Sold: 21
Av. List Price: $519,762
Av. Pending Price: $409,900
Av. Sold Price: $400,138
Av. Sold Price Per sq ft: $158.61
Av. Sold Agent Days on Market: 97
Total listed as 'Active': 88 (incl. CCBS/UCB): 101
Closing Price average is 98% to list price.
Active inventory: 4.19
Total inventory: 4.81

Total (All Anthem) Months of Active Inventory: 2.30 months.

Source: AZ Multiple Listings Service. Information is believed to be accurate but is not guaranteed.

National Overnight Averages- Mortgage rates are 4.61% for 30 year fixed and 4.08% for a 15 year fixed.

'After plateauing in recent weeks, mortgage rates reversed course and reached a new high last seen seven years ago.  The 30-year fixed mortgage rate edged up to 4.61 percent, which matches the highest level since May 19, 2011.

Healthy consumer spending and higher commodity prices spooked the bond markets and led to higher mortgage rates over the past week. Not only are buyers facing higher borrowing costs, gas prices are currently at four-year highs just as we enter the important peak home sales season.

While this year’s higher mortgage rates have not caused much of a ripple in the strong demand levels for buying a home seen in most markets, inflationary pressures and the prospect of rates approaching 5 percent could begin to hit the psyche of some prospective buyers' Source: Freddiemac.com

 
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