Desert Ridge December '12 real estate stats

By
Real Estate Agent with MavRealty

December 2012 saw a total of 41 homes sales in the Desert Ridge area.  As of this writing there are 81 active listings, This brings the  inventory level to just under 2 months worth of supply based on the December sales.  There are currently 59 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 December sales: 41
Average Price Per foot: $159.18
Sale price as a percentage of list price: 98%
Average sale price: $372,294
Median sale price: $325,000
Average Days on market: 77

This breaks down by type as follows:

Single Family Detached Homes
Sale: 34
Average Price Per foot: $155.14
Sale price as a percentage of list price: 98%
Average sale price: $387,491
Mdeian sale price: $385,194
Average Days on market: 81

Condos and Townhomes:
Total sales : 7
Average Price Per foot: $178.80
Sale price as a percentage of list price: 96%
Average sale price: $252,029
Average Days on market:61

 


Adam Tarr PC
Citywide Real Estate
480-236-7374

Comments (1)

Sharon Lord
Maracay Homes - Peoria, AZ
New Home Advisor

Adam - great stats on the Desert Ridge area - looks like there's not a lot of inventory...!  How do these numbers compare to this time last year...?  I read a blog that Sun City's sales are up 53% over last year - NUTS!

Jan 04, 2013 09:29 AM