Why Live in Desert Ridge
Desert Ridge, located approximately 20 miles north of downtown Phoenix, is a suburban neighborhood known for its extensive shopping, dining, and entertainment options. Anchored by the Desert Ridge Marketplace, residents have access to a variety of popular retailers, local dining spots, and entertainment venues. High Street, adjacent to the mall, offers a walkable urban district with boutiques, trendy bars, and eateries, making it a notable nightlife destination. The neighborhood also features live entertainment at Desert Ridge Improv and the District Stage, along with the Musical Instrument Museum showcasing a vast collection of instruments and hosting regular concerts. Outdoor enthusiasts can enjoy Cashman Park's playgrounds and courts, the Reach 11 Sports Complex's soccer fields, and the extensive trails in the Reach 11 Recreation Area. Home styles in Desert Ridge range from modest condominiums and townhouses to luxury units and single-family homes, with ongoing new construction. The area is zoned for the highly rated Paradise Valley Unified School District, including Desert Trails Elementary, Explorer Middle, and Pinnacle High, which offers career and technical education courses. Desert Ridge is safer than the national average and provides convenient access to major freeways, Valley Metro bus stops, and Phoenix Sky Harbor International Airport. The presence of the Mayo Clinic Hospital within the community ensures residents have access to top-tier medical care.
Home Trends in Desert Ridge, AZ
On average, homes in Desert Ridge, Phoenix sell after 45 days on the market compared to the national average of 51 days. The median sale price for homes in Desert Ridge, Phoenix over the last 12 months is $720,000, down 14% from the median home sale price over the previous 12 months.
Median Sale Price
$720,000
Median Single Family Sale Price
$948,000
Median Townhouse Sale Price
$664,542
Median 2 Bedroom Sale Price
$517,500
Median 1 Bedroom Sale Price
$322,500
Average Price Per Sq Ft
$371
Number of Homes for Sale
105
Last 12 months Home Sales
393
Median List Price
$728,985
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-14%