Anthem, AZ Parkside Real Estate Market Report - Mar. '18

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

 

The Anthem Parkside real estate market also kicked it up a notch in March. Home sales shot up 39% from February and were up 4% year over year.  The average sale price was up 2% over February and up 12% over March 2017.  The average price per square foot decreased 2% from February, but was up 4% year over year for the Parkside. The average days on market increased 4% versus February and was up 20% over March 2017. The inventory of homes on the market is at a 2.39 month’s supply, still marking a strong seller's market. The 12 month moving average, $305,980 is up 6% from last year, staying consistent over the past year. The number of homes currently on the market ratcheted up to 93, while the number of homes currently under contract in the Parkside is 67, foretelling another strong report in April. 

  

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 3/31/18:

Active Listings: 93

Homes Pending: 67

Homes sold in last 30 days: 57 (Up 39% from Feb. '18, Up 4% from Mar. '17)

Burn rate (Inventory on market / by homes currently under contract) = 2.39 months supply

Avg. Sale price (Solds): $316,386 (Up 2% from Feb. '18,  Up 12% from Mar.  '17)

Avg. price per sq. ft. (Solds): $145.14 (Down 2% from Feb. '18,  Up 4% from Mar. '17)

Avg. Days on Market (Solds): 71 (Up 4% from Feb. '18, Up 20% from Mar. '17)

Highest Sold: $479,000

Lowest Sold: $219,900

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

 

To search for Anthem homes for sale go to: www.JWMurphy.LongRealty.com

 

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

This market is doing well per your facts of the area

May 08, 2018 07:17 PM #1
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Jerry:

Great information for both buyers and sellers in this report so they understand what is going on...and of course need your professional guidance to accomplish their goals.

We saw a similar substantial bump-up in prices and sales in March here. The spring market has arrived!

Jeff

May 08, 2018 07:45 PM #2
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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