The Anthem Parkside real estate market returned to its stagnating ways in September. Sales activity was down as were prices. Home sales decreased 12% from August but were up 4% year over year. The average sale price decreased 3% versus August but was up 13% over September 2017. The average price per square foot decreased 4% from August, but was up 5% year over year for the Parkside. The average days on market was up 7% compared to August and was up 5% versus September 2017. The inventory of homes on the market is at a 2.61 month’s supply, still marking a seller's market. The 12 month moving average, $316,460 is up 7% from last year. The number of homes currently on the market ticked up slightly to 82, while the number of homes currently under contract in the Parkside is 51, signalling a weaker report in October.
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 9/30/18:
Active Listings: 82
Homes Pending: 51
Homes sold in last 30 days: 53 (Down 12% from Aug. '18, Up 4% from Sept.'17)
Burn rate (Inventory on market / by homes currently under contract) = 2.61 months supply
Avg. Sale price (Solds): $327,073 (Down 3% from Aug. '18, Up 13% from Sept. '17)
Avg. price per sq. ft. (Solds): $140.97 (Down 4% from Aug. '18, Up 5% from Sept. '17)
Avg. Days on Market (Solds): 65 (Up 7% from Aug. '18, Up 5% from Sept. '17)
Highest Sold: $531,000
Lowest Sold: $229,900
To receive a free value analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: email@example.com
To search for Anthem homes for sale go to: www.JWMurphy.LongRealty.com
Follow me on Instagram: #JerryMurphyIMAZRealtor
Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769