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Desert Ridge Real Estate stats for May 2019

May 2019 saw a total of 48 home sales in the Desert Ridge area.  As of this writing there are 114 active listings, This brings the  inventory level to 2.375 months worth of supply based on the May sales.   There are currently 54 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!
 
May Total sales: 48
Average Price Per foot: $209.06
Sale price as a percentage of list price: 98%
Average sale price: $485,599
Median sale price: $435,000
Average Days on market: 60

This breaks down by type as follows:

Single Family Detached Homes
Sale: 34
Average Price Per foot: $210.07
Sale price as a percentage of list price: 98%
Average sale price: $564,083

Median sale price: $585,000
Average Days on market: 52

 

Condos and Townhomes:
Total sales : 14
Average Price Per foot: $206.62
Sale price as a percentage of list price: 97%
Average sale price: $294,993
Median sale price: $293,500
Average Days on market:109

 

 

 

Adam Tarr PC 

MavRealty
Phoenix AZ

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