Desert Ridge is a sprawling 5,700-acre master-planned community in northeast Phoenix, Arizona, strategically positioned near the intersection of Loop 101 and State Route 51, offering residents a seamless blend of urban convenience and desert beauty. Developed by the Irvine Company starting in the late 1990s, this vibrant neighborhood is home to over 50,000 residents and features a diverse mix of housing options, from single-family homes to luxury condos. At its heart lies the Desert Ridge Marketplace, a bustling 1.2-million-square-foot open-air shopping and dining hub with retailers like Target, Barnes & Noble, and eateries ranging from Yard House to Island’s Burgers. The community is also adjacent to the JW Marriott Desert Ridge Resort & Spa, boasting a renowned golf course and the Wildfire Golf Club, while the nearby Mayo Clinic Hospital provides top-tier healthcare access. With 36 miles of multi-use trails connecting to the Reach 11 Recreation Area and top-rated schools within the Paradise Valley Unified School District, Desert Ridge caters to families, professionals, and outdoor enthusiasts alike.
Desert Ridge currently has 68 single family homes for sale with an average list price of $1,001,870.44, 39 townhouses for sale with an average list price of $602,033.72, and 35 condos for sale with an average list price of $720,316.43. The average annual property tax for Desert Ridge is $3,554.95.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Desert Ridge, i.e. what's hot and what's not.
See What's Hot & What's Not in Desert Ridge
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Desert Ridge, i.e. what's hot and what's not.
Market Trends
Desert Ridge home sales for the month of August rose in volume by 37% when compared to last year, while the median sale price decreased by 22.5% from $864,425 to $669,990. House sales rose by 4.8%, while the median sale price decreased by 2.4% from $868,000 to $847,500. Condo sales rose by 25%, while the median sale price decreased by 43.4% from $882,694.50 to $500,000. Townhouse sales rose by 400%, while the median sale price rose by 9.1% from $603,495 to $658,537.50.
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243
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370
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| 2023 | 2024 | ||
| # of sales per year | |||
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$800,000
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$837,475
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Desert Ridge
Number of Sales for Desert Ridge
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