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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