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Desert Ridge October 2014 real estate stats

October 2014 saw a total of 21 home sales in the Desert Ridge area.  As of this writing there are 152 active listings, This brings the  inventory level to 7.23 months worth of supply based on the October sales.   There are currently 39 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 October sales: 21
Average Price Per foot: $186.83
Sale price as a percentage of list price: 98%
Average sale price: $407,543
Median sale price: $339,000
Average Days on market: 97

This breaks down by type as follows:

Single Family Detached Homes
Sale: 18
Average Price Per foot: $185.96
Sale price as a percentage of list price: 98%
Average sale price: $426,189

Median sale price: $364,505
Average Days on market: 83

Condos and Townhomes:
Total sales : 3
Average Price Per foot: $192.03
Sale price as a percentage of list price: 97%
Average sale price: $295,667
Median sale price: $290,000
Average Days on market:180

 

 

Adam Tarr PC
Citywide Real Estate

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