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Desert Ridge July '12 home sales

July  2012 saw a total of 34 homes sales in the Desert Ridge area.  As of this writing there are only 58 active listings, so the inventory levels have dropped to just 1.7 months worth of supply based on the July sales.  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 July sales: 34
Average Price Per foot: $153.98
Sale price as a percentage of list price: 99%
Average sale price: $342,951
Average Days on market: 56

This breaks down by type as follows:

Single Family Detached Homes
Sale: 25
Average Price Per foot: $147.55
Sale price as a percentage of list price: 100%
Average sale price: $377,2831
Average Days on market: 58

Condos and Townhomes:
Total sales : 9
Average Price Per foot: $171.84
Sale price as a percentage of list price: 96%
Average sale price: $247,584
Average Days on market: 50

Adam Tarr PC
Citywide Real Estate
480-236-7374

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