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2018-07-08 09:33:27
Weekly Anthem Real Estate Numbers Update 07/08/18

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

PARKSIDE
Homes Sold: 68
Av. List Price: $357,633
Av. Pending Price: $313,970
Av. Sold Price: $319,986
Av. Sold Price Per sq ft: $147.80
Av. Sold Agent Days on Market: 53
Total listed as 'Active': 103 (incl. CCBS/UCB): 138
Closing Price average is 99% to list price.
Active inventory: 1.51
Total inventory: 2.03

 

COUNTRY CLUB
Homes Sold: 20
Av. List Price: $514,819
Av. Pending Price: $382,400
Av. Sold Price: $417,652
Av. Sold Price Per sq ft: $169.43
Av. Sold Agent Days on Market: 91
Total listed as 'Active': 79 (incl. CCBS/UCB): 88
Closing Price average is 98% to list price.
Active inventory: 3.95
Total inventory: 4.40

Total (All Anthem) Months of Active Inventory: 2.07 months.

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

National Overnight Averages- Mortgage rates are 4.52% for 30 year fixed and 3.99% for a 15 year fixed.

'After a rapid increase throughout most of the spring, mortgage rates have now declined in five of the past six weeks.

The run-up in mortgage rates earlier this year represented not just a rise in risk-free borrowing costs, but for investors, the mortgage spread also rose back to more normal levels by about 20 basis points. What that means for buyers is good news. Mortgage rates may have a little more room to decline over the very short term.

Although the current economic expansion is in its 10th year, residential single-family real estate was initially slow to recover. Now, backed by the demographic tailwind provided by millennials reaching the peak age to buy their first home, the housing market should have some room to grow going forward.' Source: Freddiemac.com

 
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