October market update for Phoenix 85054
October 2012 saw a total of 21 homes sales in the 85054 Zip code of Northeast Phoenix. As of this writing there are only 30 active listings and 21 under contract within 85054, so the inventory level is 1.43 months worth of supply based on the October 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, 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 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 August sales:21
Average Price Per foot: $170.15
Sale price as a percentage of list price: 99%
Average sale price: $354,034
Average Days on market: 102
This breaks down by type as follows:
Single Family Detached Homes
Sale: 8
Average Price Per foot: $162.01
Sale price as a percentage of list price: 99%
Average sale price: $474,625
Average Days on market: 90
Condos and Townhomes:
Total sales : 13
Average Price Per foot: $175.16
Sale price as a percentage of list price: 99%
Average sale price: $279,823
Average Days on market: 110
Prices
for all properties ranged from $100K for a 2/2 condo to $815K for a
Single family home in Desert Ridge with 3/3, 4745 sq. ft.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