Saturday, August 8, 2015

July 2015 Real Estate Stats for Scottsdale, AZ 85254

July 2015 saw a total of 102 home sales in the 85254 Zip code of Scottsdale.  As of this writing there are 277 active listings and 131 under contract within 85254, so the inventory levels are at 2.11 months worth of supply based on the July sales.  85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix.   Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland ResortCrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more.  85254 has long been called the "magic zip code" in the real estate business for it's desirability.  For more information on the area as well as available homes, please  call me at 480-236-7374.

Total July sales: 102
Average Price Per foot: $187.79
Sale price as a percentage of list price: 97%
Average sale price: $425,304
Average Days on market: 71

This breaks down by type as follows:

Single Family Detached Homes
Sales: 82
Average Price Per foot: $187.35
Sale price as a percentage of list price: 97%
Average sale price: $463,006
Average Days on market: 65

Condos and Townhomes:
Total sales :20
Average Price Per foot: $189.56
Sale price as a percentage of list price: 96%
Average sale price: $270,725
Average Days on market: 94

Prices for all properties ranged from $84,000 for a 1/1, 680 sq. ft. condo  to $1.485M for a  5/4, 5360 sq.ft. custom single family detached home.

Adam Tarr PC
Citywide Real Estate
480-236-7374

Desert Ridge July 2015 Real Estate Stats

July 2015 saw a total of 36 home sales in the Desert Ridge area.  As of this writing there are 112 active listings, This brings the  inventory level to 3.11 months worth of supply based on the July sales.   There are currently 52 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 July sales:36
Average Price Per foot: $188.30
Sale price as a percentage of list price: 98%
Average sale price: $453,499
Median sale price: $423,500
Average Days on market: 124

This breaks down by type as follows:

Single Family Detached Homes
Sale: 24
Average Price Per foot: $184.03
Sale price as a percentage of list price: 98%
Average sale price: $519,538
Median sale price: $497,500
Average Days on market: 90

Condos and Townhomes:
Total sales : 12
Average Price Per foot: $196.84
Sale price as a percentage of list price: 98%
Average sale price: $321,271
Median sale price: $311,000
Average Days on market:192


Adam Tarr PC
Citywide Real Estate
Phoenix AZ

July 2015 Real Estate Stats for Phoenix, AZ 85050

July 2015 saw a total of 63 home sales in the 85050 Zip code of Northeast Phoenix.  As of this writing there are 136 active listings and 79 under contract within 85050, so the inventory levels  are 2.16 month's worth of supply based on the July sales.  85050 encompasses an area roughly bounded by Union Hills Drive, Cave Creek Road, Jomax Road and Tatum Boulevard in Northeast Phoenix.   Some of the main attractions and destinations in 85050 include Desert Ridge MarketPlace, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more.  The  junction of the Loop 101 and SR 51 lies in the midst of 85050 for easy access to all parts of the valley.  For more information on the area as well as available homes, please  call me at 480-236-7374. 
Total July sales: 63
Average Price Per foot: $165.36
Sale price as a percentage of list price: 98%
Average sale price: $350,948
Average Days on market: 68

This breaks down by type as follows:

Single Family Detached Homes
Sale: 54
Average Price Per foot: $166.56
Sale price as a percentage of list price: 98%
Average sale price: $369,768
Average Days on market: 60
Condos and Townhomes:
Total sales 9
Average Price Per foot: $158.16
Sale price as a percentage of list price: 97%
Average sale price: $238,028
Average Days on market: 113

Prices for all properties ranged from $143,000 for a 2/2.5 1221 town home to $900,000 for a for a 4/4.5, 4455 sq.ft. single family home in Aviano at Desert Ridge.  Data includes single family, town home and condos.  Data does not include land or mobile.

Adam Tarr PC
Citywide Real Estate
480-236-7374 

July 2015 Real Estate Stats for Phoenix, AZ 85054

July 2015 saw a total of 14 homes sales in the 85054 Zip code of Northeast Phoenix.  As of this writing there are 59 active listings and 24 under contract within 85054, so the inventory level is 4.21 months worth of supply based on the July sales.  85054 encompasses an area roughly bounded by Scottsdale Road, Jomax Rd, Tatum Blvd and the CAP Canal in Northeast Phoenix.   Some of the main attractions and destinations in 85054 include Scottsdale 101 Shopping as well as Desert Ridge MarketPlaceMusical Instrument MuseumHorse Lovers ParkReach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more in the adjacent 85050 ZIP code.  The  junction of the Loop 101 and SR 51 lies just east and the Loop 101 runs through 85054 with access at 56th St and Tatum Blvd. for easy access to all parts of the valley.  For more information on the area as well as available homes, please  call me at 480-236-7374.

Total July sales: 14
Average Price Per foot: $201.03
Sale price as a percentage of list price: 98%
Average sale price: $371,706
Average Days on market: 133

This breaks down by type as follows:

Single Family Detached Homes
Sale: 5
Average Price Per foot: $192.87
Sale price as a percentage of list price: 98%
Average sale price: $456.400
Average Days on market: 53

Condos and Townhomes:
Total sales : 9
Average Price Per foot: $205.56
Sale price as a percentage of list price: 98%
Average sale price: $324,778
Average Days on market: 178

Data includes single family detached homes, town homes and condos.  It does not include mobile or land.
Adam Tarr PC
Citywide Real Estate
480-236-7374