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November 2015 Real Estate stats for Phoenix 85050

November 2015 saw a total of 36 home sales in the 85050 Zip code of Northeast Phoenix. As of this writing there are 137 active listings and 66 under contract within 85050, so the inventory levels are 3.8 month's worth of supply based on the November 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 November sales: 36

Average Price Per foot: $161.45
Sale price as a percentage of list price: 97%
Average sale price: $318,724
Average Days on market: 70

This breaks down by type as follows:

Single Family Detached Homes
Sale: 31

Average Price Per foot: $158.86

Sale price as a percentage of list price: 98%
Average sale price: $331,979
Average Days on market: 69

Condos and Townhomes:
Total sales 5
Average Price Per foot: $177.49
Sale price as a percentage of list price: 95%
Average sale price: $236,540
Average Days on market: 77

Prices for all properties ranged from $127K for a 2/1 969sf single family home fix-up to $835,000 for a for a 5/4.5, 4967 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
Citywide Real Estate
480-236-7374

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