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Desert Ridge August 2015 real estate stats

August 2015 saw a total of 42 home sales in the Desert Ridge area.  As of this writing there are 122 active listings, This brings the  inventory level to 2.9 months worth of supply based on the August sales.   There are currently 47 properties under contract.   Desert Ridge is a wonderful master planned community in Northeast Phoenix.  Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley.  Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods.  For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374. Find out about the Desert Ridge Lifestyle now!

 

Total August sales:42
Average Price Per foot: $187.46
Sale price as a percentage of list price: 98%
Average sale price: $418,626
Median sale price: $390,000
Average Days on market: 62

This breaks down by type as follows:

Single Family Detached Homes
Sale: 29
Average Price Per foot: $185.99
Sale price as a percentage of list price: 98%
Average sale price: $477,510

Median sale price: $470,000
Average Days on market: 47

Condos and Townhomes:
Total sales : 13
Average Price Per foot: $190.74
Sale price as a percentage of list price: 97%
Average sale price: $287,269
Median sale price: $267,000
Average Days on market:95

 

 

Adam Tarr PC
Citywide Real Estate
Phoenix AZ

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