Desert Ridge September 2016 market stats

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Real Estate Agent with MavRealty
September 2016 saw a total of 38 home sales in the Desert Ridge area.  As of this writing there are 160 active listings, This brings the  inventory level to 4.21 months worth of supply based on the September sales.   There are currently 67 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!

 

September Total sales: 38
Average Price Per foot: $190.19
Sale price as a percentage of list price: 98%
Average sale price: $482,092
Median sale price: $441,250
Average Days on market: 88

This breaks down by type as follows:

Single Family Detached Homes
Sale: 29
Average Price Per foot: $188.39
Sale price as a percentage of list price: 98%
Average sale price: $527,555

Median sale price: $495,000
Average Days on market: 91

Condos and Townhomes:
Total sales : 9
Average Price Per foot: $196.00
Sale price as a percentage of list price: 97%
Average sale price: $335,600
Median sale price: $312,500
Average Days on market:76

 

 

Adam Tarr PC
Citywide Real Estate
Phoenix AZ

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Adam Tarr

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