Mav Realty

August  2012 saw a total of 16 homes sales in the 85054 Zip code of Northeast Phoenix.  As of this writing there are only 31 active listings and 27 under contract within 85054, so the inventory level is 1.94 months worth of supply based on the August sales.  85054 encompasses an area roughly bounded by Scottsdale Road, Jomax Rd, Tatum Blvd and the CAP Canal in Northeast Phoenix.   Some of the main attractions and destinations in 85054 include Scottsdale 101 Shopping as well as Desert Ridge MarketPlace, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more in the adjacent 85050 ZIP code.  The  junction of the Loop 101 and SR 51 lies just east and the Loop 101 runs through 85054 with access at 56th St and Tatum Blvd. for easy access to all parts of the valley.  For more information on the area as well as available homes, please  call me at 480-236-7374.

Total August sales:16
Average Price Per foot: $166.40
Sale price as a percentage of list price: 101%
Average sale price: $245,423
Average Days on market: 94

This breaks down by type as follows:

Single Family Detached Homes
Sale: 2
Average Price Per foot: $174.21
Sale price as a percentage of list price: 96%
Average sale price: $479,000
Average Days on market: 14

Condos and Townhomes:
Total sales : 14
Average Price Per foot: $165.29
Sale price as a percentage of list price: 99%
Average sale price: $212,055
Average Days on market: 105

Prices for all properties ranged from $101,320 for a 111 condo  to $515K for a Single family home in Desert Ridge with 4/3, 2879 sq. ft.Data includes single family detached homes, town homes and condos.  It does not include mobile or land.
Adam Tarr PC
Citywide Real Estate
480-236-7374