The Anthem Parkside real estate market remained flat in December. Home sales were down 3% versus November, and were down 7% year over year. The average sale price was pretty much the same versus November and up 6% over December 2016. The average price per square foot increased 2% from November, and was up 14% year over year for the Parkside. The average days on market decreased 9% versus Noveber and was down 5% from December 2016. The inventory of homes on the market is at a 2.48 month’s supply, vacillating between a seller's market and a balanced market. The 12 month moving average, $300,513 is up 5% from last year, staying consistent over the past year. And the number of homes currently on the market is only 68, while the number of homes currently under contract in the Parkside is 46.
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Here are the latest stats for the period ending 12/31/17:
Active Listings: 68
Homes Pending: 46
Homes sold in last 30 days: 37 (Down 3% from Nov. '17, Down 7% from Dec. '16)
Burn rate (Inventory on market / by homes currently under contract) = 2.48 months supply
Avg. Sale price (Solds): $317,811 (Same as Nov. '17, Up 6% from Dec. '16)
Avg. price per sq. ft. (Solds): $138.62 (Up 2% from Nov. '17, Up 14% from Dec. '16)
Avg. Days on Market (Solds): 73 (Down 9% from Nov. '17, Down 4% from Dec. '16)
Highest Sold: $465,000
Lowest Sold: $228,000
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