As of Jan. 3rd, there is 92 active listings for sale in Desert Ridge: 62 Traditional Listings 16 Short Sales 9 Lender Owned 5 Other Most other areas have a much greater amount of active short sales and foreclosures. These types of transactions seem to be decreasing this month in Desert Ridge which is stabilizing the community.
The average sold price per square foot in September in Desert Ridge was $121.00. The average sold price per square foot in October was $112.73.
That is a 7.34% month to month decrease in prices. This decrease stems from 29 of the 49 closings were short sales or lender owned homes.
ZIP Codes: 85050, 85054 Location Characteristics: Desert Ridge Phoenix is a busy, over 5000 acre community, located adjacent to North Scottsdale just north of the 101 freeway. The area has terrific McDowell Mountain & desert views,the excelling Paradise Valley School District, & an incredible 15,000 square foot community center. The Desert Ridge Marketplace features an endless assortment of shoppiyng & dining options. The location also puts you right next to the two big events every January, the Phoenix Open and the Barrett Jackson Car Auction.
