2019-12-29
Weekly Anthem Real Estate Numbers Update 12/29/2019

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


PARKSIDE

Homes Sold: 36

Av. List Price: $386,777

Av. Pending Price: $352,931

Av. Sold Price: $333,378

Av. Sold Price Per sq ft: $156.48

Av. Sold Agent Days on Market: 54

Total listed as “Active”: 38 (incl. CCBS/UCB): 56

Closing Price average is 98% to list price.

Active Inventory: 1.06

Total Inventory: 1.56


COUNTRY CLUB

Homes Sold: 20

Av. List Price: $585,189

Av. Pending Price: $494,540

Av. Sold Price: $419,545

Av. Sold Price Per sq ft: $173.24

Av. Sold Agent Days on Market: 65

Total listed as “Active” 34 (incl. CCBS/UCB): 46

Closing Price average is 98% to list price.

Active Inventory: 1.70

Total Inventory: 2.3


Total (All Anthem) Months of Active Inventory: 1.82 months.


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


National Overnight Averages: Mortgage rates are 3.74% for 30 year fixed and 3.19%  for a 15 year fixed.


The 30-year fixed-rate mortgage rate saw little change again this week and averaged just 3.9% during 2019, the fourth lowest annual average since 1971 when Freddie Mac started its weekly survey.

Heading into 2020, low mortgage rates and the improving economy will be the major drivers of the housing market with steady increases in home sales, construction and home prices. While the outlook for the housing market is bright, worsening housing affordability is no longer a coastal phenomenon and is spreading to many interior markets and it is a threat to the continued recovery in housing and the economy.



Source: Freddiemac.com










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