Home sales and prices rose in the Anthem Parkside real estate market during March. Sales increased 54% over February but were down 25% year over year. The average sale price increased 4% versus February and was up 7% versus March 2018. The average price per square foot was virtually the same as February, and was up 3% year over year for the Parkside. The average days on market was down 36% versus February and down 38% versus March 2018. The inventory of homes on the market is at a 2.00 month’s supply, still a seller's market. The 12 month moving average, $324,816 is (3 comments)
Home sales dropped again, but prices rose a bit in the Scottsdale real estate market during January. The number of homes sold was down 12% from December and down 21% from last January. This marks seven out of the last eight months of declining home sales in Scottsdale. The average sale price increased 3% from December and is up 5% from January 2018. The 12 month moving average sale price is up 9% from a year ago, now standing at $583,650. The number of homes on the market is 2,710, 9% more than December, but 2% less than January 2018. The days (3 comments)
Homes sales and prices decreased during November in the Phoenix, AZ real estate market. The number of homes sold dropped by 13% versus October and were down 8% year over year. The average sale price slipped 1% from October, but was up 7% over November 2017. Sellers received about 99% of their list price during the month. The number of homes on the market remained exactly the same as October and is up 4% year over year. The 12 month moving average sale price, now at $296,751 (up 9% from the previous year), continues to edge up ever so slightly. The days on (3 comments)