Phoenix Area Real Estate Blog

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Phoenix Area Real Estate Blog

Wildcat Ridge Market Update - July 2007

By: Steve Belt
www.realphoenixliving.com
August 29th, 2007

There are currently 16 active properties for sale in Wildcat Ridge. The average asking price per square foot over all 16 properties is $200/sq foot.

Size Range Price/Square Foot Number of Homes
3 Bedroom Homes $219/sq ft 4
4 Bedroom Homes $196/sq ft 12

*data as of 8/29/2007, via ARMLS

In the last 30 days, 1 property has closed escrow:

Address Size Model Price Price/sq foot
20709 N 37th Way 2041 Prescott $350,000 $171/sq foot

*data as of 8/29/2007, via ARMLS

In the last 30 days, 3 properties have been taken off the market. These homes had an average asking price of $198/sq foot.

The trend toward lower asking prices, along with lower selling prices in Wildcat Ridge is still continuing, as a result of supply being so much larger than existing demand.  However, like much of North Phoenix, asking prices have still not consistently come down to the level necessary to attract more buyers. 

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Tags: Real Estate · Wildcat Ridge

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