Anthem, AZ Real Estate – Market Report August 2012 Parkside

The Anthem real estate market finished out the summer on a strong note.  The total number of homes sold in the Parkside in August was slightly lower than July’s total.   There are only 84 homes on the market in the Parkside at this time.  The average sale price and average price per square foot of homes sold dipped a little versus July.  However, we continue to see increases year over year.  Currently there are 121 homes under contract, in the Parkside.

If you or someone you know are considering purchasing a home in Anthem, now’s the time.

Here are the latest stats for the month ending 8/31/12:

Active Listings:  84 (Up 22% from July ’12, Up 11% from August ’11)

Homes Pending:  121 (Down 5% from July ’12, Down 25% from August ’11)

Homes sold in last 30 days: 27 (Down 18% from July ’12, Down 13% from August ’11)

Burn rate (Inventory on market / by homes currently under contract) =  2 months supply

Avg. Sale price (Solds): $198,883  (Down 5% from July ’12, Up 20% from August ’11)

Avg. price per sq. ft. (Solds): $100.35  (Up 13% from July ’12, Up 22% from August ’11)

Avg. Days on Market (Solds): 76 (Down 28% from July ’12,  Down 30% from August ’11)

To receive a free market analysis for your Anthem home please call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com

And to search Anthem homes for sale please visit: www.JWMurphy.LongRealty.com

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