north phoenix: Desert Ridge Market Report 2007 Year End - 01/18/08 01:59 AM
The Year in Review
 
As we begin a new year, I thought it appropriate to put this past year in real estate into perspective.  The media coverage has been extraordinary, and for the most part negative.  I am not going to tell you that everything is rosy, but the negative media spin tends to lead to a self fulfilling prophecy.  The more negative press, the more people become scared, and the less likely that they will forge ahead with plans. 
 
The market will continue to suffer through 2008 due to excessive inventory.  This causes many sellers to sell in desperation further lowering … (0 comments)

north phoenix: Desert Ridge November 2007 Market Report - 12/12/07 08:09 AM
There were 7 homes sold in Desert Ridge in November 2007, with an average listing price of $769,842 and an average sale price of $719,642.  Sale prices were 93% of list prices.  Sold Price per Square Foot was $204.79.  The range of sold homes was $343,000 to 755,000.  As of December 1, there are 8 pending or contingent homes under contract.  As of the first week of December, there are 156 active listings with an average list price of $712,725 and average list $/sq.ft. of $233.95
 
November's sold home average price shot back up reflecting some larger homes in the mix.  Additionally, the price … (1 comments)

north phoenix: Desert Ridge Market Report - October 2007 - 11/06/07 09:39 AM
There were 9 homes sold in Desert Ridge in October 2007, with an average listing price of $551,333 and an average sale price of $528,666.  Sale prices were 96% of list prices.  Sold Price per Square Foot was $231.87.  The range of sold homes was $343,000 to 755,000.  As of November 1, there are 8 pending or contingent homes under contract.  As of November 1, there are 143 active listings with an average list price of $728,288 and average list $/sq.ft. of $236.61
 
October's sold home average price was significantly lower, which is not a concern as it reflects less high end homes sold … (0 comments)

north phoenix: Desert Ridge Market Report - September 2007 - 10/01/07 04:05 PM
There were 11 homes sold in Desert Ridge in September 2007, with an average listing price of $628,154 and an average sale price of $617,527.  Sale prices were 98% of list prices.  Sold Price per Square Foot was $226.62.  The range of sold homes was $345,000 to $1,059,900.  As of October 1, there are 17 pending or contingent homes under contract.  As of October 1, there are 136 active listings with an average list price of $743,063 and average list $/sq.ft. of $242.51
 
As expected, closings were down almost half from the previous month.  As we pointed out last month, pendings were … (0 comments)

north phoenix: Desert Ridge Market Report - August 2007 - 09/02/07 06:39 AM
There were 21 homes sold in Desert Ridge in August 2007, with an average listing price of $653,880 and an average sale price of $623,380.  Sale prices were 95% of list prices.  Sold Price per Square Foot was $217.58.  The range of sold homes was $348,500 to $975,000.  As of Spetember 1, there are 14 pending or contingent homes under contract.  As of September 1, there are 139 active listings with an average list price of $751,719 and average list $/sq.ft. of $243.99
 
Closed sales volume was up over 50% over the month before reflecting contracts taken in June and July.  August pendings are down by approx … (0 comments)

north phoenix: Desert Ridge Market Report - July 2007 - 08/07/07 12:16 PM
There were 13 homes sold in Desert Ridge in July 2007, with an average listing price of $550,469 and an average sale price of $528,115.  Sale prices were 96% of list prices.  Sold Price per Square Foot was $239.73.  The range of sold homes was $282,500 to $1,015,000.  As of August 1, there are 20 pending or contingent homes under contract.  As of August 1, there are 150 active listings with an average list price of $758,610 and average list $/sq.ft. of $247.30
 
Although sales volume was half of the month before and the average price was down significantly from the month … (0 comments)

north phoenix: Desert Ridge Market Report - June 2007 - 06/30/07 09:46 AM
Desert Ridge Market Report for June 2007
 
There were 27 homes sold in Desert Ridge in June, with an average listing price of $637,596 and an average sale price of $616,111.  Sale prices were 97% of list prices.  Sold Price per Square Foot was $234.35. The range of prices for sold homes was $277,000 to $1,095,000.   As of June 30, there are 20 pending or contingent homes under contract.  As of June 30, there are 151 active listings with an average list price of $741,751 and average list $/sq.ft of $244.32 /ft.
June sales were up compared to the prior month of May … (0 comments)

north phoenix: Things to do at Desert Ridge - 06/30/07 09:04 AM
Things to do at Desert Ridge
One of the areas we specialize in is Desert Ridge in north Phoenix.  This is a one in a continuing series of blogs on Desert Ridge. 
 
Things to do in Desert Ridge
 
Walk the miles of desert landscaped trails within the community Sit by the District Fountains at Desert Ridge MarketPlace and watch your kids frolic in the play fountains Meet friends for dinner at one of the dozens of eateries, many with outdoor patios. Stroll the beautiful gardens at the JW Marriot Resort at Desert Ridge Sit for a quick business meeting at Paradise Bakery, Starbucks … (0 comments)

north phoenix: Desert Ridge MarketPlace - 05/08/07 05:54 AM
The hub of life in Desert Ridge in North Phoenix is the Desert Ridge MarketPlace.  Not many people would typically admit that life in a community revolves around a shopping center, but in this case, there is a lot to offer.  As the shopping center's web site states so well -"A complete shopping experience.  As Arizona's premier shopping, dining and entertainment destination, Desert Ridge Marketplace delivers the ultimate shopping experience in a distinctive outdoor setting. Immerse your shopping senses in a unique blend of specialty retailers, restaurants and entertainment venues spread over 110 acres. The center's 1.2 million square feet of retail … (0 comments)

 
Adam Tarr, PC -GRI, ABR, CDPE, RSPS, ePro - Designated Broker (MavRealty)

Adam Tarr

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

Phoenix, AZ

More about me…

MavRealty

Address: 17550 N Perimeter Drive, Ste 160, Scottsdale, AZ, 85255

Mobile: (480) 236-7374

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