Adam Tarr PC's Phoenix area Real Estate Blog: July 2016

Monday, July 4, 2016

June Real Estate stats for Scottsdale, AZ 85254

June 2016 saw a total of 101 home sales in the 85254 Zip code of Scottsdale. As of this writing there are 265 active listings and 138 under contract within 85254, so the inventory levels are at 2.62 months worth of supply based on the June 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 Resort, CrackerJax 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 June sales: 101
Average Price Per foot: $186.95
Sale price as a percentage of list price: 97%
Average sale price: $446,998
Average Days on market: 95

This breaks down by type as follows:

Single Family Detached Homes
Sales: 88
Average Price Per foot: $186.28
Sale price as a percentage of list price: 97%
Average sale price: $482,934
Average Days on market: 99

Condos and Townhomes:
Total sales :13
Average Price Per foot: $191.49
Sale price as a percentage of list price: 98%
Average sale price: $203,742
Average Days on market: 66

Prices for all properties ranged from $89K for a 1/1, 680 sq. ft. condo to $1.16M for a 6/5.5, 5028 sq.ft. custom home

Adam Tarr PC
Citywide Real Estate
480-236-7374

June 2016 Real Estate stats for 85054 Phoenix

June 2016 Real Estate stats for 85054 Phoenix

June 2016 saw a total of 15 homes sales in the 85054 Zip code of Northeast Phoenix. As of this writing there are 85 active listings and 16 under contract within 85054, so the inventory level is 5.66 months worth of supply based on the June 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 MarketPlace, High Street, Musical Instrument Museum, Horse Lovers Park, Reach 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., 64th 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 June sales: 15
Average Price Per foot: $203.70
Sale price as a percentage of list price: 98%
Average sale price: $347,689
Average Days on market: 91

This breaks down by type as follows:

Single Family Detached Homes
Sale:5
Average Price Per foot: $204.69
Sale price as a percentage of list price: 98%
Average sale price: $522,300
Average Days on market: 93

Condos and Townhomes:
Total sales :10
Average Price Per foot: $203.20
Sale price as a percentage of list price: 97%
Average sale price: $260,383
Average Days on market: 89

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

Friday, July 1, 2016

June 2016 Real Estate stats for 85050 Phoenix

June 2016 saw a total of 72 home sales in the 85050 Zip code of Northeast Phoenix. As of this writing there are 161 active listings and 78 under contract within 85050, so the inventory levels are 2.23 month's worth of supply based on the June 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 June sales: 72

Average Price Per foot: $177.01
Sale price as a percentage of list price: 98%
Average sale price: $413.001
Average Days on market: 72

This breaks down by type as follows:

Single Family Detached Homes
Sale: 62

Average Price Per foot: $176.04

Sale price as a percentage of list price: 98%
Average sale price: $435,608
Average Days on market: 69

Condos and Townhomes:
Total sales 10
Average Price Per foot: $183.00
Sale price as a percentage of list price: 97%
Average sale price: $274,700
Average Days on market: 88

Prices for all properties ranged from $192,000 for a 3/2 1633 sf single family detached home to $840,000 for a 5/3.5, 4640 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. Sales were steady and prices continued to rise in the overall 85050 market, and specifically in condo and townhome segment this month.

Adam Tarr PC
Citywide Real Estate
480-236-7374

Desert Ridge June 2016 market stats

June 2016 saw a total of 52 home sales in the Desert Ridge area. As of this writing there are 188 active listings, This brings the inventory level to 3.62 months worth of supply based on the June sales. There are currently 58 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 480-236-7374480-236-7374. Find out about the Desert Ridge Lifestyle now!