The number of 2015 Desert Ridge homes sold was 434 which was 59 more sold homes than during 2014. Active Desert Ridge homes for sale listing inventory still remains low for the fourth consecutive year.
In comparison to Desert Ridge homes sold in 2014, 2015 Desert Ridge homes sold averaged in sale price, approximately 2.7% higher which is about 1.3% lower than the National average. And keep in mind, inventory levels have been very low, relatively speaking. Desert Ridge schools, High Street at Desert Ridge and the Desert Ridge Marketplace continue to be the main driver for Phoenix home buying interest.
The Desert Ridge homes sold that we have included in our annual sales numbers still includes the residential real estate between Pinnacle Peak Road on the north side and the Loop 101 on the south side with the eastern border being 56th Street. Now, with Black Mountain Parkway fueling new developments like Estates at Ridgeview at Desert Ridge by Ashton Woods and Sanctuary at Desert Ridge by Taylor Morrison, we have pushed our western border all the way over to Cave Creek Road.
2015 Desert Ridge Homes Sold Details
Of the 434 Desert Ridge home sales for 2015, 322 were single family detached Desert Ridge properties and the remaining 112 were Desert Ridge condominiums and Desert Ridge townhomes. Since the beginning of 2015 we have definitely seen more active buyers with more homes going into contract which is much different than last year even though we had low Desert Ridge real estate for sale inventory last year. Below are general Desert Ridge home sales numbers for the year of 2015:
Homes Closed: 434
Average List Price ($/SF): $192.10
Average Sale Price ($/SF): $187.21
Average Days on Market: 90
Click here to view details for Desert Ridge home sales during the year of 2015.
Click here to view Desert Ridge homes sold for each month in 2015 or contact one of our inVIVO realty Arizona realtors for more information and to view Desert Ridge homes.