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May 2019 Real Estate stats for Phoenix 85050

May 2019 saw a total of 73 home sales in the 85050 Zip code of Northeast Phoenix.  As of this writing there are 114 active listings and 83 under contract within 85050, so the inventory levels  are 1.56 month's worth of supply based on the May sales.  85050 encompasses an area roughly bounded by Union Hills Drive, Cave Creek Road, Jomax Road and Tatum Boulevard in Northeast Phoenix.   Some of the main attractions and destinations in 85050 include Desert Ridge MarketPlace, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more.  The  junction of the Loop 101 and SR 51 lies in the midst of 85050 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 May sales: 73

Average Price Per foot: $202.38
Sale price as a percentage of list price: 98%
Average sale price: $411,562
Average Days on market: 53

This breaks down by type as follows:

Single Family Detached Homes
Sales: 64

Average Price Per foot: $196.27

Sale price as a percentage of list price: 99%
Average sale price: $428,612
Average Days on market: 50


Condos and Townhomes:
Total sales 9
Average Price Per foot: $202.67
Sale price as a percentage of list price: 97%
Average sale price: $290,322
Average Days on market: 56


Prices for all properties ranged from $235K for a 2/2, 1199 sq ft condo to $898K for a 4/4.5 4448 sq.ft. single family home in Aviano at Desert Ridge.  Data includes single family, town home and condos.  Data does not include land or mobile.    

 


Adam Tarr PC
Mav Realty
480-236-7374

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