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Desert Ridge February 2015 real estate stats

February 2015 saw a total of 23 home sales in the Desert Ridge area.  As of this writing there are 165 active listings, This brings the  inventory level to 7.17 months worth of supply based on the February sales.   There are currently 45 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 February sales: 23
Average Price Per foot: $187.75
Sale price as a percentage of list price: 97%
Average sale price: $403,887
Median sale price: $374,000
Average Days on market: 109

This breaks down by type as follows:

Single Family Detached Homes
Sale: 17
Average Price Per foot: $191.48
Sale price as a percentage of list price: 97%
Average sale price: $452,294

Median sale price: $472,500
Average Days on market: 116

Condos and Townhomes:
Total sales : 6
Average Price Per foot: $177.20
Sale price as a percentage of list price: 97%
Average sale price: $266,733
Median sale price: $269,500
Average Days on market:89

 

 

Adam Tarr PC
Citywide Real Estate
Phoenix AZ 

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