Anthem, AZ Parkside Real Estate Market Report - Dec. 2018

By
Real Estate Agent with Long Realty West Valley AZ RE Lic. #SA560004000
https://activerain.com/droplet/5gTP

Home sales ticked down again, while prices rose a bit in the Anthem Parkside real estate market during December. Sales decreased 5% from November and dropped 5% year over year as well.  The average sale price increased 8% versus November and was up 2% versus December 2017.  The average price per square foot decreased 1% from November, but was up 8% year over year for the Parkside. The average days on market fell 9% compared to November and was down 12% versus December 2017. The inventory of homes on the market is at a 2.60 month’s supply, still a seller's market. The 12 month moving average, $319,069 is up 6% from last year but is starting to wane as well, just barely eeking out an increase ($438) from November. The number of homes currently on the market fell to 56, while the number of homes currently under contract in the Parkside is only 35, signalling another weak report for January. 

  

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 12/31/18:

Active Listings: 56

Homes Pending: 35

Homes sold in last 30 days: 35 (Down 5% from Nov. '18, Down 5% from Dec.'17)

Burn rate (Inventory on market / by homes currently under contract) = 2.60 months supply

Avg. Sale price (Solds): $324,989 (Up 8% from Nov. '18,  Up 2% from Dec. '17)

Avg. price per sq. ft. (Solds): $149.59 (Down 1% from Nov. '18,  Up 8% from Dec. '17)

Avg. Days on Market (Solds): 64 (Down 9% from Nov. '18, Down 12% from Dec. '17)

Highest Sold: $535,500

Lowest Sold: $243,000

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

 

Follow me on Instagram: #JerryMurphyIMAZRealtor

 

Like us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769

 

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Rainer
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Sara Wagner
Woodland Management Service - Adams, WI
The Forestland Experts!

Thanks for sharing the information on this community, I hope you sell many of these homes.

Jan 17, 2019 05:18 PM #1
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Rainmaker
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Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate
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