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2018-07-22 20:18:13
Weekly Anthem Real Estate Numbers Update 07/22/18

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

PARKSIDE
Homes Sold: 66
Av. List Price: $354,738
Av. Pending Price: $326,840
Av. Sold Price: $316,708
Av. Sold Price Per sq ft: $145.16
Av. Sold Agent Days on Market: 59
Total listed as 'Active': 87 (incl. CCBS/UCB): 123
Closing Price average is 99% to list price.
Active inventory: 1.32
Total inventory: 1.86

 

COUNTRY CLUB
Homes Sold: 23
Av. List Price: $514,534
Av. Pending Price: $418,687
Av. Sold Price: $397,752
Av. Sold Price Per sq ft: $167.41
Av. Sold Agent Days on Market: 71
Total listed as 'Active': 69 (incl. CCBS/UCB): 80
Closing Price average is 98% to list price.
Active inventory: 3.00
Total inventory: 3.48

Total (All Anthem) Months of Active Inventory: 1.75 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 4.00% for a 15 year fixed.

'Mortgage rates were once again mostly flat over the past week, inching backward slightly.

Manufacturing output and consumer spending showed improvements, but construction activity was a disappointment. This meant there was no driving force to move mortgage rates in any meaningful way, which has been the theme in the last two months. That’s good news for price sensitive home shoppers, given that this stability in borrowing costs allows them a little extra time to find the right home.

Unfortunately, don’t expect much relief from the tight inventory conditions plaguing many markets. As seen again last month, new home construction is not picking up to meet demand, and as a result, home prices are still rising at double the pace of income growth.' Source: Freddiemac.com

 
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