Norterra Area Real Estate Data

This analysis of real estate activity in the Norterra area (north of Happy Valley, east of I-17, south of Sonoran Desert Drive — see map below) provides an exclusive view of residential resales, prices and inventory (see definitions). This monthly analysis, in cooperation with In&Out Magazine, is updated the middle of each month (see overview of all five zones).

The Norterra zone includes Dynamite Mountain Ranch, Fireside at Norterra, Sonoran Commons, Valley Vista and other communities that are centrally located near I-17 and shopping, yet also frequently trails into desert preserves. See also our guide to Norterra-Area Neighborhoods.

May 2018 Real Estate Activity

Compared to May 2017, the number of homes sold in this zone was up 41 percent, average sales price increased 10 percent, and price per square foot was up 10 percent. Inventory in this zone is the lowest in NoPho. (Note that figures can be skewed by a handful of sales in a zone, given the relatively small number of monthly sales.)

norterra area home sales may 2018

Norterra Area Sales: May 2018

AddressSold PriceSq. Ft.$/Sq. Ft.BedsBathsBuilt
2045 W Madre Del Oro Dr$299,9002,400$12532.52007
28220 N 25Th Dl$327,9002,446$13442.52006
2011 W Blaylock Dr$415,0002,903$143432006
28119 N 17Th Dr$585,0004,058$14443.52007
1805 W Desperado Way$299,0001,544$194222013
29128 N 22Nd Ave 201$246,0001,554$158322007
2535 W Brookhart Way$295,0001,860$159322007
1705 W Oberlin Way$475,0002,336$20332.52009
1545 W Gambit Trl$605,0004,285$14154.52007
2031 W Duane Ln$355,4002,282$156422006
1748 W Desert Hollow Dr$464,6002,924$15943.52003
1512 W Parsons Rd$1,020,0006,938$14756.51997
2423 W Blue Sky Dr$270,0001,667$162322003
2329 W Skinner Dr$285,0002,325$12332.52007
29022 N 24Th Ln$385,0002,879$134532006
29433 N 22Nd Ave$258,0001,655$15632.52007
2048 W Roy Rogers Rd$300,0002,273$13232.52008
2054 W Roy Rogers Rd$303,0002,424$12532.52008
1656 W Cavedale Dr$370,0002,020$183322012
1839 W Fetlock Trl$384,0001,567$245222013
1804 W Tombstone Trl$500,0003,196$15643.52016
2033 W Caleb Rd$447,5003,205$140432006
2012 W Skinner Dr$445,0002,336$19042.52007
27315 N 16Th Ln$306,9001,505$204322009
825 W Bonanza Ln$675,0003,899$17353.52014
27905 N 23Rd Dr$275,0001,982$13932.52002
26905 N 22Nd Dr$378,0003,061$123542005
1934 W Mine Trl$442,0002,858$15553.52009
1813 W Straight Arrow Ln$294,0001,567$188222013
2322 W Hedgehog Pl$387,5002,313$168322002
27401 N 23Rd Dr$380,0002,313$164422002
833 W Bonanza Ln$665,0003,899$17153.52014
1955 W Desert Vista Trl 82$260,0001,520$17122.52009
1647 W Briles Rd$545,0002,716$201432005
25207 N 11Th Ave$625,9993,555$176432007
1711 W Desperado Way$305,0001,505$203322011
28629 N 21St Ln$339,0002,045$16642.52004
26826 N 17Th Ave$361,0001,753$206322012

Note: The actual price per square foot of any individual house will vary greatly based on many factors including location, upgrades and condition of the property. See definitions of terms below.

north phoenix real estate zones

About This Data

Real estate sales data is from the Arizona Regional Multiple Listing Service and, while not guaranteed, is believed to be accurate.

Average Price of Homes Sold can be skewed by the sale of a single home that is priced well above or below other homes that have sold.

Pricing per Square Foot of any individual house can vary greatly depending on many factors, including location, upgrades and condition of the property.

Sales Activity represents the number of homes that have closed escrow in the given time period.

Inventory represents the number of months it would take to sell all the homes currently listed based on average rate of sales during the previous 6 months, and presuming no additional homes are listed. Less than 6 months is considered a “seller’s market.” As inventory goes down, look for prices to move up. More than 6 months is considered a “buyer’s market.” As inventory goes up, prices will trend down.