Anthem, AZ Real Estate – Parkside Market Report April 2012

The Anthem Parkside, like the Country Club has been on fire lately as well.  The number of sold homes declined up in April, but only because there are so few homes on the market at this time.  At this moment there are only 51 homes on the market in Anthem Parkside.  Prices are rising by all measures, average sale price is up as well as price per sq. ft.  The real tell tell sign of our market improvement is the sale price to list price ratio.  The days on market of homes sold also spiked dramatically, a symptom of the demand for homes, regardless of their days on market, and/or if they are short sales.  At one point over the past several years buyers steered away from short sales.  But because of the scarcity of homes on the market more buyers are opting to go that route.  Here are the numbers for April 2012:

Apr ’12    Mar ’12    Apr ’11     Apr. v. Mar. ’12     Apr. v. Apr. ‘11

Sold                         31              93            39                   -67%                            -21%

Avg.

Sale Price     $187,353  $185,520  $179,084     +1%                            +5%

Avg.

List Price      $185,695  $188,425   $183,458     – 1%                            +1%

Sale Price/

List Price          101%               99%              98%        + 2%                          + 3%

Price per

Sq. Ft.                $87.19         $81.40        $77.78      +7%                        +12 %

Days

on Market          144                 75                  81           +92%                       +78%

Highest Sold   $370,000    $450,000    $360,000

Lowest Sold     $121,000     $  99,750     $105,000

If ever you have any questions about the Anthem real estate market, or would like to get a free market analysis for your home, please give me a call at 602-334-3757 or e-mail at jwmurphy@longrealty.com

And to search for other Phoenix/Scottsdale area homes please visit: www.JWMurphy.LongRealty.com

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