2019-12-23
Weekly Anthem Real Estate Numbers Update 12/22/2019

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


PARKSIDE

Homes Sold: 43

Av. List Price: $389,851

Av. Pending Price: $341,039

Av. Sold Price: $338,093

Av. Sold Price Per sq ft: $156.48

Av. Sold Agent Days on Market: 59

Total listed as “Active”: 42 (incl. CCBS/UCB): 59

Closing Price average is 98% to list price.

Active Inventory: 0.98

Total Inventory: 1.37


COUNTRY CLUB

Homes Sold: 20

Av. List Price: $574,547

Av. Pending Price: $462,558

Av. Sold Price: $481,170

Av. Sold Price Per sq ft: $179.94

Av. Sold Agent Days on Market: 68

Total listed as “Active” 33 (incl. CCBS/UCB): 47

Closing Price average is 99% to list price.

Active Inventory: 1.5

Total Inventory: 2.14


Total (All Anthem) Months of Active Inventory: 1.63 months.


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


National Overnight Averages: Mortgage rates are 3.73% for 30 year fixed and 3.19%  for a 15 year fixed.


The economy continued to pick up momentum with a solid increase in residential construction, improvement in industrial output in our nation’s factories and a rise in job openings. While the economy is in a sweet spot, improvements in housing market sales volumes will be modest heading into next year simply due to the lack of available inventory. The demand is clearly not being met for entry-level Millennials and trade-up Generation X home buyers. If there was more inventory of unsold homes for buyers to choose from, home sales would be rising at a faster rate.


Source: Freddiemac.com










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