Anthem, AZ Real Estate – Market Report February 2013 Parkside…

The Anthem Parkside real estate market picked up a bit in February. The total number of homes sold in the Parkside in February was markedly higher than January’s total, and prices were still a bit flat.   There are now 87 homes on the market in the Parkside at this time.  This tells us that the smaller less expensive homes were still selling last month.  We continue to see increases year over year.  In fact the 12 month moving average has increased by 18% versus 2012. Currently there are 109 homes under contract, in the Parkside.

With prices increasing you may want to have an appraisal done on your home. You may have enough equity in your home to avoid paying mortgage insurance thereby saving hundreds of dollars per month.  Here are the numbers for the Parkside through February 2013:

                        Feb. ’13       Jan. ’13        Feb. ’12    Feb. v. Jan. ’13   Feb. v. Feb. ‘13

Sold                        24                  17                   54                +41%                     -56%

Avg. Sale Price   $206,948    $206,541      $208,094                —                        -1%

Avg. List Price    $210,365    $212,976      $212,143               -1%                      -1%

Sale/List Price        98%            97%              99%                    +1%                      -1%

Price per Sq. Ft.      $106.39      $106.50      $86.76                    —                      +23%

Days on Market          61                62                 75                   -2%                    -19%

Highest Sold          $315,000    $338,900      $382,000

Lowest Sold           $135,000    $135,000      $125,000

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

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

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