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

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

 

The Anthem Parkside real estate market pulled back a bit in April. Home sales fell 11% from March and were down 7% year over year.  The average sale price was up 2% over March and up 14% over April 2017.  The average price per square foot decreased 1% from March, but was up 3% year over year for the Parkside. The average days on market decreased 4% versus March and was up 15% over April 2017. The inventory of homes on the market is at a 2.76 month’s supply, still marking a strong seller's market. The 12 month moving average, $308,740 is up 6% from last year, staying consistent over the past year. The number of homes currently on the market ratcheted up to 120, while the number of homes currently under contract in the Parkside is 68, foretelling a strong report in May. 

  

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 4/30/18:

Active Listings: 120

Homes Pending: 68

Homes sold in last 30 days: 51 (Down 11% from Mar. '18, Down 7% from Apr. '17)

Burn rate (Inventory on market / by homes currently under contract) = 2.76 months supply

Avg. Sale price (Solds): $323,701 (Up 2% from Mar. '18,  Up 14% from Apr.  '17)

Avg. price per sq. ft. (Solds): $143.39 (Down 1% from Mar. '18,  Up 3% from Apr. '17)

Avg. Days on Market (Solds): 68 (Down 4% from Mar. '18, Up 15% from Apr. '17)

Highest Sold: $587,000

Lowest Sold: $225,000

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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Comments (2)

Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Thank you for sharing the latest sales and inventory report on this segment of the real estate market in Anthem 

Jun 10, 2018 10:19 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jun 11, 2018 03:21 AM