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

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


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. 


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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:


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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Thanks for sharing your market report - I always enjoy the information that you give us! 

Oct 12, 2018 05:54 AM #1
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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