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March 2015 Phoenix 85054 real estate stats

March 2015 saw a total o f11 homes sales in the 85054 Zip code of Northeast Phoenix. As of this writing there are 86 active listings and 23 under contract within 85054, so the inventory level is 7.82 months worth of supply based on the March 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 March sales: 11
Average Price Per foot: $195.86
Sale price as a percentage of list price: 96%
Average sale price: $366,286
Average Days on market: 146

This breaks down by type as follows:

Single Family Detached Homes
Sale: 6
Average Price Per foot: $183.30
Sale price as a percentage of list price: 96%
Average sale price: $403,000
Average Days on market: 150

Condos and Townhomes:
Total sales : 5
Average Price Per foot: $210.94
Sale price as a percentage of list price: 95%
Average sale price: $322,230
Average Days on market: 141

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

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