Desert Ridge December 2016 market stats

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Real Estate Agent with MavRealty
December 2016 saw a total of 40 home sales in the Desert Ridge area.  As of this writing there are 135 active listings, This brings the  inventory level to 3.38 months worth of supply based on the December sales.   There are currently 51 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!

December Total sales: 40
Average Price Per foot: $196.74
Sale price as a percentage of list price: 98%
Average sale price: $443,380
Median sale price: $429,750
Average Days on market: 107

This breaks down by type as follows:

Single Family Detached Homes
Sale: 30
Average Price Per foot: $196.12
Sale price as a percentage of list price: 98%
Average sale price: $479,963

Median sale price: $462,984
Average Days on market: 81
Condos and Townhomes:
Total sales : 10
Average Price Per foot: $198.60
Sale price as a percentage of list price: 98%
Average sale price: $333,630
Median sale price: $341,998
Average Days on market:183

 

 

Adam Tarr PC
Citywide Real Estate
Phoenix AZ

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

This is a great post. Thanks for sharing and best of luck in the new year!

Jan 03, 2017 04:51 PM #1
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Rainer
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Adam Tarr

PC -GRI, ABR, CDPE, RSPS, ePro - Designated Broker
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