Desert Ridge Market Update – June 2008



Desert Ridge – Market Update June 2008


  • Currently there are over 54,000+ homes available through the AZ MLS
  • Desert Ridge has a total of 112 single family homes on the market through the MLS.   Average days on market are 129 and average price per square foot of $203 (not including for sale by owner)
  • Cheapest house available in Desert Ridge is priced at $225k
  • Most expensive house on the market is priced at $1,200,000
  • Average price for a home currently on the market is $533k
  • Average price for a home in pending status is $487k
  • Average price for a home being sold is $487k
  • Pending sales are currently priced at $214 a sqft (these have yet to record)
  • Desert Ridge had a total of 18 sales close in the month of June and 20 homes go pending



Recent Sales in Desert Ridge



·         4055 E Melinda Ln 1505 sqft (Listed for $280k and Sold for $270k)

·         4510 E Lone Cactus Dr 1289 sqft (Listed for $299k and Sold for $299k)

·         5419 E Lone Cactus Dr 1663 sqft (Listed for $326k and Sold for $297k)

·         4627 E Weaver Ln 1962 sqft (Listed for $395k and Sold for $383k)

·         4415 E Hamblin Dr 3012 sqft (Listed for $685k and Sold for $675k)



Just a few reasons to work with The Holm Group


  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into the Desert Ridge area.
  • Sterling Fine Homes & Land ranked 3rd  in the Best of Arizona’s Business – Arizona Ranking
  • I sold 40% of my own listings in 2005-2006 by representing both the buyer and seller
  • If you are looking at doing any remodeling give me a call as I have established relationships with several area contractors that can help you on virtually any project
    • I have had several clients that have used my contractors and I can send you detailed photos of the work they have had done. 



Representing Buyers and Sellers throughout Desert Ridge.



Andrew Holm, ABR

Sterling Fine Homes & Land

The Holm Group LLC

Office: 480-767-2738  Cell: 480-206-4265

Email: [email protected]