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2018-05-27 09:15:45
Weekly Anthem Real Estate Numbers Update 05/27/18

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

PARKSIDE
Homes Sold: 64
Av. List Price: $360,702
Av. Pending Price: $315,886
Av. Sold Price: $311,165
Av. Sold Price Per sq ft: $144.88
Av. Sold Agent Days on Market: 48
Total listed as 'Active': 101 (incl. CCBS/UCB): 136
Closing Price average is 99% to list price.
Active inventory: 1.59
Total inventory: 2.13

 

COUNTRY CLUB
Homes Sold: 19
Av. List Price: $509,013
Av. Pending Price: $430,015
Av. Sold Price: $405,442
Av. Sold Price Per sq ft: $159.88
Av. Sold Agent Days on Market: 86
Total listed as 'Active': 90 (incl. CCBS/UCB): 108
Closing Price average is 97% to list price.
Active inventory: 4.74
Total inventory: 5.68

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 4.66% for 30 year fixed and 4.15% for a 15 year fixed.

'Mortgage rates moved up over the past week to 4.66 percent, their highest level since May 5, 2011 (4.71 percent). Mortgage rates so far in 2018 have had the most sustained increase to start the year in over 40 years. Through May, rates have risen in 15 out of the first 21 weeks (71 percent), which is the highest share since Freddie Mac began tracking this data for a full year in 1972.

At a time when housing inventory remains extremely low, it’s worth watching whether these higher borrowing costs lead some would-be sellers to stay put in their current home. Inventory shortages would likely worsen if more homeowners decide not to sell out of reluctance of having a new mortgage with a higher rate.' Source: Freddiemac.com

 
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