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

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

Home sales and prices rose in the Anthem Parkside real estate market during March. Sales increased 54% over February but were down 25% year over year.  The average sale price increased 4% versus February and was up 7% versus March 2018.  The average price per square foot was virtually the same as February, and was up 3% year over year for the Parkside. The average days on market was down 36% versus February and down 38% versus March 2018. The inventory of homes on the market is at a 2.00 month’s supply, still a seller's market. The 12 month moving average, $324,816 is up 6% from last year continuing a flattening trend over the last several months. The number of homes currently on the market increased to 67, while the number of homes currently under contract in the Parkside fell to 67, foretelling a modest sales report for April. 


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Here are the latest stats for the period ending 3/31/19:

Active Listings: 67 (Up 20% from Feb. '19, Down 28% from Mar. '18)

Homes Pending: 67

Homes sold in last 30 days: 43 (Up 54% from Feb. '19, Down 25% from Mar.'18)

Burn rate (Inventory on market / by homes currently under contract) = 2.00 months supply

Avg. Sale price (Solds): $337,968 (Up 4% from Feb. '19,  Up 7% from Mar. '18)

Avg. price per sq. ft. (Solds): $149.27 (Same as Feb. '19,  Up 3% from Mar. '18)

Avg. Days on Market (Solds): 44 (Down 36% from Feb. '19, Down 38% from Mar. '18)

Highest Sold: $515,000

Lowest Sold: $260,000

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Comments (3)

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.


Jun 07, 2019 08:51 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Jerry Murphy, CRS, SRES buyers and sellers should appreciate this data you've researched and provided for them.... they'd be wise to call you for guidance, especially with the awareness that you are very familiar with the market in your area.... 

Jun 08, 2019 05:01 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

That is valuable real estate data for home buyers and sellers in Anthem, Arizona, Jerry!

Jun 10, 2019 01:43 AM