Anthem, AZ Parkside Real Estate Market Report - May 2017
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Anthem Parkside real estate market continued to cool off in May. Home sales decreased by 16% from April and 22% year over year. The average sale price continued to stagnate only 1% greater than April, but less than May 2016. However, the average price per square foot rose 5% over April and 6% year over year for the Parkside. The average days on market rose 25% year over year but was identical to April. The inventory of homes on the market is at 2.16 month’s supply, still a strong seller’s market. The 12 month moving average, $289,630 is up 3% from last year, starting to level off. And the number of homes currently on the market is 92, while the number of homes currently under contract in the Parkside is 79. As I stated last month in my report, over the last several months I have ...
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