Desert Ridge November 2016 market stats

By
Real Estate Agent with MavRealty
November 2016 saw a total of 38 home sales in the Desert Ridge area.  As of this writing there are 141 active listings, This brings the  inventory level to 3.7 months worth of supply based on the November 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!

NovemberTotal sales: 38
Average Price Per foot: $199.89
Sale price as a percentage of list price: 98%
Average sale price: $435,887
Median sale price: $406,000
Average Days on market: 91

This breaks down by type as follows:

Single Family Detached Homes
Sale: 25
Average Price Per foot: $202.44
Sale price as a percentage of list price: 98%
Average sale price: $500,602

Median sale price: $450,000
Average Days on market: 90

Condos and Townhomes:
Total sales : 13
Average Price Per foot: $195.00
Sale price as a percentage of list price: 98%
Average sale price: $311,435
Median sale price: $322,000
Average Days on market:94

 

 

Adam Tarr PC
Citywide Real Estate
Phoenix AZ

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Anna Banana Kruchten Broker, CRB, CRS
HomeSmart International - Phoenix, AZ
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Hih Adam - great recap of the Desert Ridge area!

Dec 05, 2016 04:15 PM #1
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Adam Tarr

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