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Anthem, AZ Market Report 2nd Qtr 2015 - Parkside

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000

 

The second quarter of 2015 was robust for the Anthem Parkside real estate market. Home sales were up dramatically from the first quarter of the year as well as compared to the same time last year.  And the average sale price continued to edge up year over year (+3%).  The average price per square foot increased (+5%) as well telling us that home prices of all sizes are increasing in the Parkside.  The average days on market has decreased, less than 3 months now, which typically signals a sellers market. The 12 month moving average, $263,222 is up slightly (+1%) from the same time last year.  The number of homes currently on the market is 103, 37% less than last year. And the number of homes currently under contract in the Parkside is 73, up 11% year over year.

Here are the latest stats for the 2nd Quarter ending 6/30/15:

Active Listings: 103

Homes Pending: 73

Homes sold in last 30 days: 172 (Up 23% from 1st Qtr. '15, Up 15% from 2nd Qtr. '14)

Burn rate (Inventory on market / by homes currently under contract) =  2.41 months supply

Avg. Sale price (Solds): $271,050  (Up 4% from 1st Qtr '15,  Up 3% from 2nd Qtr. '14)

Avg. price per sq. ft. (Solds): $123.57  (Up 5% from 1st Qtr. '15, Up 5% from 2nd Qtr. '14)

Avg. Days on Market (Solds): 69 (Down 34% from 1st Qtr. '15, Down 10% from 2nd Qtr. '14)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

To search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

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Comments (1)

John Pusa
Glendale, CA

Jerry - Thanks for the very valuable Anthem, Arizona market stats for 2nd quarter 2015.

Jul 15, 2015 02:01 PM