Anthem, AZ Real Estate Market Report – Parkside September 2013

September was pretty much the same as August in the Anthem Parkside real estate market. The total number of homes sold in the Parkside in September remained the same as August, however prices continued their upward climb.  There are now 144 homes on the market in the Parkside at this time, a 17% increase over August. And our “Burn Rate”, or the time it would take to sell the existing inventory at the current sales pace, has continued to edge up, now standing at a little over 3 months. The days on market have decreased to 65, and the 12 month moving average price is still well up, 17% versus 2012. Currently there are 68 homes under contract, in the Parkside.  All of these numbers suggest an overall cooling in the Anthem Parkside real estate market and a move to a more balanced market, neither favoring buyers, nor sellers.

Long Realty, as a proud sponsor of the Wounded Warrior Project, will be participating in the upcoming Anthem Veteran’s Day Parade, Saturday, Nov. 9th.  Please come out and join us in supporting our courageous military personnel.

And please “like” us on Facebook at: https://www.facebook.com/pages/All-About-Anthem-presented-by-Jerry-Murphy/160387230685769?ref=hl

Here are the numbers for the Parkside through September 2013:

                        Sept. ’13        Aug. ’13        Sept. ’12   Sept. v. Aug. ’13  Sept. v. Sept. ‘12

Sold                        23                  24                   30                 -4%                 -23%

Avg. Sale Price   $282,274    $254,396    $221,373               +11%                 +28%

Avg. List Price    $287,002    $257,392     $226,983               +12%                 +26%

Sale/List Price        99%            99%               98%                      —                  -1%

Price per Sq. Ft.      $121.77    $120.55        $95.19                +1%                +28%

Days on Market          65                74                77                  -12%               -16%

Highest Sold          $521,000    $398,500      $385,000

Lowest Sold           $165,000    $150,000      $130,00

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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