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August 2012 Home sales for 85050 in Phoenix

August  2012 saw a total of 62 homes sales in the 85050 Zip code of Northeast Phoenix.  As of this writing there are only 77 active listings and 141 under contract within 85050, so the inventory levels  37 days worth of supply based on the August 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 teh 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 August sales:62
Average Price Per foot: $127.27
Sale price as a percentage of list price: 101%
Average sale price: $254,350
Average Days on market: 47

This breaks down by type as follows:

Single Family Detached Homes
Sale: 56
Average Price Per foot: $127.26
Sale price as a percentage of list price: 101%
Average sale price: $263,173
Average Days on market: 47

Condos and Townhomes:
Total sales : 6
Average Price Per foot: $127.42
Sale price as a percentage of list price: 1.01%
Average sale price: $171,999
Average Days on market: 45

Prices for all properties ranged from $95K for a 2/2 SFD home  to $692,500 for a Single family home in Desert Ridge with 6/4.5, 4302 sq. ft.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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