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2018-07-02 16:39:18
Anthem Real Estate Numbers Update For June 2018

Homes Sold in Anthem for the month of June (including Arroyo Grande)

PARKSIDE
Homes Sold: 62
Av. List Price: $356,457
Av. Pending Price: $322,422
Av. Sold Price: $322,368
Av. Sold Price Per sq ft: $147.88
Av. Sold Agent Days on Market: 53
Total listed as 'Active': 98 (incl. CCBS/UCB): 134
Closing Price average is 99% to list price.
Active inventory: 1.58
Total inventory: 2.16

 

COUNTRY CLUB
Homes Sold: 18
Av. List Price: $514,396
Av. Pending Price: $395,412
Av. Sold Price: $418,842
Av. Sold Price Per sq ft: $166.19
Av. Sold Agent Days on Market: 99
Total listed as 'Active': 83 (incl. CCBS/UCB): 93
Closing Price average is 98% to list price.
Active inventory: 4.61
Total inventory: 5.17

Total (All Anthem) Months of Active Inventory: 2.26 months.

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

National Overnight Averages- Mortgage rates are 4.55% for 30 year fixed and 4.04% for a 15 year fixed.

'Mortgage rates declined over the past week and have now retreated in four of the past five weeks.

The decrease in borrowing costs are a nice slice of relief for prospective buyers looking to get into the market this summer. Some are undoubtedly feeling the affordability hit from swift price appreciation and mortgage rates that are still 67 basis points higher than this week a year ago.

As highlighted in our June Forecast, the economy and housing market overall are on solid footing this summer, which should support continued strength in housing demand. Home price growth is still high, but is expected to moderate, and while sales activity has slowed, it’s primarily because of stubbornly low supply.' Source: Freddiemac.com

 
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