For the third consecutive year, and during what has proven to be one of the most significant recessions the United States has encountered in decades, Desert Ridge homes sales have continued to trend upward in total units sold.
Located in North Phoenix Arizona, Desert Ridge real estate lies on the North side of the Loop 101 between Cave Creek Road and Scottsdale Road, being split by Tatum Boulevard.
Home owners in this area have been blessed with easy commutes to and from work, and the presence of Desert Ridge Marketplace, the famed outdoor mall offering entertainment, dining, and shopping.
For the Desert Ridge area, with 228 ARMLS listed homes sold in 2008, 337 ARMLS listed homes sold in 2009, and 399 ARMLS listed homes sold in 2010, the 2011 number of listed homes sold equating to 464 is another strong increase in volume. The average year-over-year increase in homes sold in the Desert Ridge area of North Phoenix since 2008 has been no less than 16% with 2009 home sales increasing 47% over 2008.
With the Desert Ridge Marketplace in such close proximity, Desert Ridge real estate could make for great residential real estate investment potential.
Contact our team of inVIVO realty Arizona realtors today so we can help you buy or sell Desert Ridge property.