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Anthem, AZ Parkside Real Estate Market Report - Jan. 2019

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

Home sales dipped, but prices rose a bit in the Anthem Parkside real estate market during January. Sales decreased 14% from December but were up 7% year over year.  The average sale price increased 3% versus December and was up 22% versus January 2018.  The average price per square foot decreased 6% from December, and was down 4% year over year for the Parkside. The average days on market remained the same relative to December but was up 28% versus Janury 2018. The inventory of homes on the market is at a 2.05 month’s supply, still a seller's market. The 12 month moving average, $322,050 is up 7% from last year; showing the first significant increase in several months. The number of homes currently on the market rose to 63, while the number of homes currently under contract in the Parkside jumped to 60, foretelling a strong report for February. 

  

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 1/31/19:

Active Listings: 63 (Up 13% from Dec. '18, Down 5% from Jan. '18)

Homes Pending: 35

Homes sold in last 30 days: 30 (Down 14% from Dec. '18, Up 7% from Jan.'18)

Burn rate (Inventory on market / by homes currently under contract) = 2.05 months supply

Avg. Sale price (Solds): $333,600 (Up 3% from Dec. '18,  Up 22% from Jan. '18)

Avg. price per sq. ft. (Solds): $140.05 (Down 6% from Dec. '18,  Down 4% from Jan. '18)

Avg. Days on Market (Solds): 64 (Same as Dec. '17, Up 28% from Jan. '18)

Highest Sold: $565,000

Lowest Sold: $245,000

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

 

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Comments (2)

Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Feb 20, 2019 07:47 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

A lot of pending sales on the market and sure hope some of them are yours, Jerry.

Feb 24, 2019 05:56 PM