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Anthem, AZ Parkside Real Estate Market Report - October 2018

Home sales dropped but prices continued to rise in the Anthem Parkside real estate market during October. Sales decreased 19% from September and dropped 10% year over year.  The average sale price increased 4% versus September and was up 14% over October 2017.  The average price per square foot increased 4% from September, and was up 14% year over year for the Parkside. The average days on market was down 20% compared to September and was down 7% versus October 2017. The inventory of homes on the market is at a 2.44 month’s supply, still marking a seller's market. The 12 month moving average, $319,747 is up 8% from last year. The number of homes currently on the market slipped to 78, while the number of homes currently under contract in the Parkside is 54, signalling a slightly stronger report in November. 
  
Download my mobile app at: LongRealtyapp.com/JerryMurphy  to search for homes for sale, or just to find out what price that home down the street is listed.
Here are the latest stats for the period ending 10/31/18:
Active Listings: 78
Homes Pending: 54
Homes sold in last 30 days: 43 (Down 19% from Sept. '18, Down 10% from Oct.'17)
Burn rate (Inventory on market / by homes currently under contract) = 2.44 months ... more

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