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Desert Ridge January'13 real estate stats

By
Real Estate Agent with MavRealty

January 2013 saw a total of 24 homes sales in the Desert Ridge area.  As of this writing there are 73 active listings, This brings the  inventory level to just over 3 months worth of supply based on the January sales.  This is a big jump from previous months and relflects the typically lower sales for January.  There are currently 81 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 January sales: 24
Average Price Per foot: $164.23
Sale price as a percentage of list price: 97%
Average sale price: $364,825
Median sale price: $285,000
Average Days on market: 58

This breaks down by type as follows:

Single Family Detached Homes
Sale: 16
Average Price Per foot: $159.13
Sale price as a percentage of list price: 97%
Average sale price: $426,332
Mdeian sale price: $428,860
Average Days on market: 53

Condos and Townhomes:
Total sales : 8
Average Price Per foot: $174.42
Sale price as a percentage of list price: 96%
Average sale price: $241,812
Average Days on market:67

 


Adam Tarr PC
Citywide Real Estate
480-236-7374