Anthem, AZ Real Estate Market Report Parkside – August 2013

August saw a bit of slowdown in the Anthem Parkside real estate market. The total number of homes sold in the Parkside in August decreased quite a bit, but prices continued to edge up.  This August was very similar to last August in regards to homes sold and days on market. There are now 123 homes on the market in the Parkside at this time, a 29% increase over July. The days on market has increased to 74 as well. And the 12 month moving average price is still well up, 16% versus 2012. Currently there are 82 homes under contract, in the Parkside.  All of these numbers suggest an overall cooling in the Anthem Parkside real estate market.

Please join us for our Anthem Commerce Park Festival, Saturday, Oct. 5th, 12PM-4PM at our Anthem office, 4215 W. Anthem Way.  We will have food, provided by Rosati’s Pizza, pet tagging and adoption opportunities provided by Anthem Pets and Halo, a jumpy house for the kids, music, and prizes provided by our fellow local vendors.  Watch for our ad in In and Out Magazine.

Here are the numbers for the Parkside through August 2013:

                        Aug. ’13       July ’13        Aug. ’12   Aug. v. July ’13  Aug. v. Aug. ‘12

Sold                        24                  48                   27                 -50%              -11%

Avg. Sale Price   $254,396    $247,336    $198,883                +3%                    +28%

Avg. List Price    $257,392    $251,775     $198,480                +2%                    +30%

Sale/List Price        99%            98%              100%                    +1%                    -1%

Price per Sq. Ft.      $120.55    $112.20        $100.35                +7%                +20%

Days on Market          74                56                76                  +32%                 -3%

Highest Sold          $398,500    $475,000      $458,000

Lowest Sold           $150,000    $164,000      $114,750

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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