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.
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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
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