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Desert Ridge Sept.2013 market stats

September 2013 saw a total of 35 home sales in the Desert Ridge area. As of this writing there are 94 active listings, This brings the inventory level to 2.68 months worth of supply based on the September sales. There are currently 50 properties under contract. 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 May sales: 35 Average Price Per foot: $180.92 Sale price as a percentage of list price: 98% Average sale price: $411,851 Median sale price: $390,000 Average Days on market: 67 This breaks down by type as follows: Single Family Detached Homes Sale: 26 Average Price Per foot: $178.11 Sale price as a percentage of list price: 99% Average sale price: $461,031 Median sale price: $484,677 Average Days on market: 56 Condos and Townhomes: Total sales : 9 Average Price Per foot: $189.03 Sale price as a percentage of list price: 97% Average sale price: $269,778 Median sale price: $250,000 Average Days on market:97 - - See more at: http://activerain.com/blogs/adamt#sthash.UuK64ZwH.dpuf

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