Desert Ridge October '12 real estate stats

By
Real Estate Agent with MavRealty

October 2012 saw a total of 44 homes sales in the Desert Ridge area.  As of this writing there are 88 active listings, This brings the  inventory level to only 2 months worth of supply based on the October 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 October sales: 44
Average Price Per foot: $159.34
Sale price as a percentage of list price: 99%
Average sale price: $412,814
Average Days on market: 85

This breaks down by type as follows:

Single Family Detached Homes
Sale: 31
Average Price Per foot: $151.13
Sale price as a percentage of list price: 99%
Average sale price: $465,423
Average Days on market: 77

Condos and Townhomes:
Total sales : 13
Average Price Per foot: $178.94
Sale price as a percentage of list price: 99%
Average sale price: $287,362
Average Days on market:91

 


Adam Tarr PC
Citywide Real Estate
480-236-7374

Comments (1)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Adam,  always enjoy viewing information on other communities.   Thanks for sharing with us.

Nov 07, 2012 02:42 AM