Anthem, AZ Market Report – December 2012 Parkside

Happy New Year! The Parkside finished off 2012 well. The total number of homes sold in the Parkside in November was slightly
lower than November’s total, but prices continue to rise.   There are now 102 homes on the market in the Parkside at this time.  The average sale price increased over November’s, as well as the average price per square foot.  And we continue to see increases year over year.  In fact the 12 month moving average has increased by 19% versus 2011.  I don’t think we’ll maintain that rate of appreciation for much longer though.  Currently there are 89 homes under contract, in the Parkside.  Here are the numbers for the Parkside through December 2012:

Active Listings:  102  (Down  5% from November ’12)

Homes Pending:  89  (Up 6% from November ’12)

Homes sold in last 30 days: 19 (Down 21% from November ’12, Down 59% from December  ’11)

Burn rate (Inventory on market / by homes currently under contract) =  2.15 months supply

Avg. Sale price (Solds): $255,500  (Up 4% from November ’12, Up 31% from December ’11)

Avg. price per sq. ft. (Solds): $106.56  (Up 6% from November ’12, Up 24% from December ’11)

Avg. Days on Market (Solds): 83  (Up 32% from November ’12,  Down 6% from December ’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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