There are two things to know about the Phoenix real estate market of today. First, it can appear to move quickly. Second, it varies depending on region, price range and community. So while an article on the overall market in our county is very interesting, it's not all that useful when you're trying to get a read on the specific activity in your community. Today's blog post is focused on the Desert Ridge 85050 zip code. Desert Ridge is a popular area for many reasons. It's close to shopping, gorgeous resorts and night life. Its proximity to the 101 and 51 freeways means that residents are about 30 minutes from wherever they want to be in the Phoenix metro area.
The charts in this update will address active listings, sales volume, prices and distressed inventory. Each chart has been updated within the first week of September and will give you an idea of how 2012 is comparing to 2011. The bottom line is that inventory is low and the sales price per square foot has jumped to $137/sf. If you're a seller, the timing couldn't be better to look at your options. If you're a buyer, it's time to get off the fence and buy something before the prices go through the roof. Call our Desert Ridge Homes Team to discuss your options today. Things are looking up for this community in more ways than one!
Below you will find a list of current actively listed homes in the Desert Ridge Phoenix Market. Feel free to peruse/search at your leisure, as we NEVER force a visitor to our site to register in order to search for homes. Search away, and feel free to call us at any time with questions. We're not high-pressure. It's just not "how we roll". Enjoy!
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