Anthem, AZ Parkside Real Estate Market Report - May '18

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


The Anthem Parkside real estate market remained on and even keel much like Anthem as a whole. Home sales increased 8% from April and were up 20% year over year.  The average sale price was down 4% versus April and up 6% over May 2017.  The average price per square foot decreased 2% from April, and was up 4% year over year for the Parkside. The average days on market decreased 28% versus April and was down 25% over May 2017. The inventory of homes on the market is at a 2.44 month’s supply, still marking a strong seller's market. The 12 month moving average, $310,188 is up 7% from last year, staying consistent over the past year. The number of homes currently on the market ratcheted up to 108, while the number of homes currently under contract in the Parkside is 75, foretelling a strong report in June. 


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Here are the latest stats for the period ending 5/31/18:

Active Listings: 120

Homes Pending: 75

Homes sold in last 30 days: 55 (Up 8% from Apr. '18, Up 20% from May '17)

Burn rate (Inventory on market / by homes currently under contract) = 2.44 months supply

Avg. Sale price (Solds): $312,356 (Down 4% from Apr. '18,  Up 6% from May  '17)

Avg. price per sq. ft. (Solds): $145.64 (Up 2% from Apr. '18,  Up 4% from May '17)

Avg. Days on Market (Solds): 49 (Down 28% from Apr. '18, Down 25% from May '17)

Highest Sold: $545,000

Lowest Sold: $210,000

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


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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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