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2018-06-10 09:38:13
Weekly Anthem Real Estate Numbers Update 06/10/18

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

PARKSIDE
Homes Sold: 54
Av. List Price: $355,718
Av. Pending Price: $316,905
Av. Sold Price: $302,120
Av. Sold Price Per sq ft: $143.85
Av. Sold Agent Days on Market: 52
Total listed as 'Active': 116 (incl. CCBS/UCB): 154
Closing Price average is 99% to list price.
Active inventory: 2.15
Total inventory: 2.85

COUNTRY CLUB
Homes Sold: 17
Av. List Price: $517,226
Av. Pending Price: $394,057
Av. Sold Price: $461,735
Av. Sold Price Per sq ft: $170.07
Av. Sold Agent Days on Market: 59
Total listed as 'Active': 85 (incl. CCBS/UCB): 96
Closing Price average is 98% to list price.
Active inventory: 5.00
Total inventory: 5.65

Total (All Anthem) Months of Active Inventory: 2.83 months.

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

National Overnight Averages- Mortgage rates are 4.54% for 30 year fixed and 4.01% for a 15 year fixed.

'Mortgage rates dipped for the second consecutive week.

Homebuyers have taken advantage of the recent moderation in rates, which led to a 4 percent increase in purchase applications last week. Although demand has remained steadfast against the back of this year’s higher borrowing costs, it’s important to note that the growth rate of purchase loan balances has moderated so far this year – and particularly since March. This slowdown indicates that buyers are having difficulty stretching to keep up with the pace of home-price growth.

While the very healthy job market continues to fuel interest in buying a home, the supply shortages in most markets are pushing prices higher and currently keeping sales at a standstill. Listings for new and existing homes need to increase in the months ahead to moderate price growth and reignite sales activity.' Source: Freddiemac.com

 
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