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Desert Ridge November '12 real estate stats

By
Real Estate Agent with MavRealty

November 2012 saw a total of 38 homes sales in the Desert Ridge area.  As of this writing there are 81 active listings, This brings the  inventory level to only 2.13 months worth of supply based on the November sales.  There are currently 76 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 November sales: 38
Average Price Per foot: $162.70
Sale price as a percentage of list price: 98%
Average sale price: $383,345
Median sale price: $360,460
Average Days on market: 66

This breaks down by type as follows:

Single Family Detached Homes
Sale: 34
Average Price Per foot: $159.65
Sale price as a percentage of list price: 98%
Average sale price: $393,733
Mdeian sale price: $382,500
Average Days on market: 62

Condos and Townhomes:
Total sales : 4
Average Price Per foot: $188.64
Sale price as a percentage of list price: 98%
Average sale price: $295,050
Average Days on market:101

 


Adam Tarr PC
Citywide Real Estate
480-236-7374