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Desert Ridge March '13 real estate stats

By
Real Estate Agent with MavRealty

March 2013 saw a total of 44 homes sales in the Desert Ridge area.  As of this writing there are 77 active listings, This brings the  inventory level toonly 1.75 months worth of supply based on theMarch  sales.   There are currently 66 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 March sales: 44
Average Price Per foot: $167.12
Sale price as a percentage of list price: 99%
Average sale price: $417,122
Median sale price: $412,000
Average Days on market: 54

This breaks down by type as follows:

Single Family Detached Homes
Sale: 35
Average Price Per foot: $162.80
Sale price as a percentage of list price: 99%
Average sale price: $451,982
Mdeian sale price: $445K
Average Days on market: 51

Condos and Townhomes:
Total sales : 9
Average Price Per foot: $183.91
Sale price as a percentage of list price: 97%
Average sale price: $281,556
Average Days on market:67

 


Adam Tarr PC
Citywide Real Estate
480-236-7374

Sharon Lord
Maracay Homes - Peoria, AZ
New Home Advisor

Adam - I saw on AZFamily.com yesterday that 85050 is one of the 5 hottest zip codes in Phoenix for real estate...!

May 01, 2013 09:29 AM