Anthem, AZ Real Estate Market Report – April 2014 Parkside

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The Anthem Parkside real estate market picked up a bit in April. However, we’re still seeing a flattening in the market The total number of homes sold in Parkside in April increased, although prices dipped. There are currently 148homesonthemarketinParkside, a10%decrease from March and 114% more than April 2013.Thedaysonmarket decreased to 83 but that is still 57% above year ago figures. Both of these trends are putting downward pressure on prices. The12monthmovingaveragepriceisstillwellup,11%versus2013, but continuing to flatten out. Currently there are 95 homes under contract in Parkside, bringing our “Burn Rate” down to 2.56 month’s supply, back to a more balanced market.All of these numbers suggest a continuing cooling in the Anthem Parkside real estate market and the Phoenix market as a whole, but we are now in the prime selling season so we should see the market pick up.

 

“Housing goes from hopeful to underwhelming as 2014 moves along” – McClatchy News Service To view this article in its entirety visit http://www.AllAboutAnthem.com

 

Here are the numbers for Anthem Parkside through April 2014:

Apr. ’14 Mar. ’14 Apr. ’13 Apr vs. Mar ’14 Apr. ’14 vs ’13
Sold 51 36 37 +42% +38%
Avg. Sale Price $252,673 $255,321 $240,925 -1% +5%
Avg. List Price $258,043 $262,000 $245,843 -2% +5%
Sale/List Price 98% 97% 98% +1%
Price Per Sq. Ft. $117.99 $115.72 $114.83 +2% +3%
Days on Market 83 100 53 -17% +57%
Highest Sold $535,000 $575,000 $395,000 . .
Lowest Sold $157,000 $163,000 $148,500 . .
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