Uptown Phoenix
Phoenix Uptown | North Central Phoenix Home Sales News
July 7th, 2008 categories: Market Trends, Uptown Phoenix
After a long 5 month downward trend in median price in North Central Phoenix or Uptown Phoenix, the point has come when the median price has come back up above $200,000 from its low of $196,000 in May 2008.
A total of 44 homes sold in June 2008 in zip codes 85012, 85013, 85014 or North Central Phoenix. in the Central Corridor itself 6 home sold with the average price of $340,284. Note also that the homes that did sell in the Central Corridor were on the market an average of over 280 days while the average for North Central Phoenix was 135 days.
On other important fact to note is that 12 of the 44 homes on the market sold at 100% of their asking price. This is important but in no way does it give any insight into the details of the market. Many of these homes could have been originally listed for more. Still the average list to sales ratio is 96.8%. That’s not too bad.
If you would like a more detailed analysis of your neighborhood in preparation for a sale or purchase please contact at 602.358.1392 or by our contact form.
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Windsor Square in Uptown Phoenix
June 10th, 2008 categories: Historic Neighborhoods, Uptown Phoenix
Windsor Square in Uptown Phoenix is a historic neighborhood bound approximately by Central Ave, Seventh Street, Camelback Road and the alley north of Oregon Avenue.
Approximately 760 acres and 205 buildings comprise this neighborhood. Its period of significance is 1912 to 1945. It is mostly comprised of domestic dwelling; single family homes and multifamily or different architectural styles.
There are many architectural style such a Bungalow, Craftsman, Colonial Revival and small Ranch homes.
Developmental History
In the early 1920s, the land, which became Windsor Square was a rural vacant piece of land on the northern most reaches of the metro area, owned by the Barringer family. Only a few homes were there prior to development of Windsor Square.
In 1929 that the Barringer property at Central and Camelback was purchased by the Owens-Dinmore Company for the purpose of building a prestigious suburban development; the developement was to feature a curvilinear street layout a vivid characteristic of Windsor Square to this day. The prestige was increased by including curbs, sidewalks, ornamental lighting and designed landscaping.
The development did not do well because of the Depression. Windsor Square saw another spurt of development in the 1940’s. Many of these later built homes can be seen on the norther end of the Windsor Square.
This one time speculative development on the norther most limits of the city is now in Central Phoenix or more specifically in Uptown Phoenix within walking distance to the upcoming light rail and just a few minutes to downtown Phoenix business and entertainment districts.Despite its promotion and high expectations, sales did not meet the anticipated level. The neighborhood quickly fell victim to the onset of the Depression and its developer, Owens-Dinmore filed for bankruptcy.
We like Windsor Square because it has wonderfully kept homes and curvilinear streets which break up the usual cris-cross streets typical of Phoenix. Some of the Period Revival architecture is unique and beautiful and of course the location is quiet yet in the midst of a vibrant city.
Below are currently active homes in Windsor Square the the surrounding area. If you see anything you like please all us and we’ll arrange for you to see it.
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Medlock Place Historic Neighborhood in Uptown Phoenix
May 29th, 2008 categories: Uptown Phoenix
Generally bounded by Seventh and Missouri avenues, the alley west of Central Avenue and the alley south of Pasadena Avenue. Located in Uptown Phoenix.
April 2003 (Period of Significance: 1926-1956) Read some history about Medlock Place
Medlock Historic District was the original suburban residential development in Phoenix. It first opened in 1926 4 mile north of the edge of town. Today many of the homes retain their county flair amidst the rapidly developing Phoenix city center. Medlock Place is located in Central Phoenix, or what is becoming Uptown Phoenix.
Medlock place is comprised mostly of single family homes but there are condos and apartments, like Colter Apartments in the neighborhood, though not in the Medlock Place historic area.
Homes in Medlock Place sell from the mid $300’s to the mid $700’s but can sell for more and most homes are now selling from $600,000. The neighborhood will continue to gain popularity due to its proximity to downtown Phoenix.
Medlock Place is within walking distance to 2 stations on the metro light rail, one at Central Ave and Camelback and the other at 7th Ave. and Camelback. According to statistics from several sources and light rail type system tends to increase property values along it and more so if there are station within walking distance.
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Boundaries of Phoenix Uptown, Midtown and Downtown.
May 28th, 2008 categories: Downtown Phoenix, Midtown Phoenix, Uptown Phoenix
We just created a page which defines the rough boundaries of Phoenix Uptown, Phoenix Midtown and Phoenix Downtown. Take a look at the page HERE
These are rough boundaries defined after a discussion with several people and some research. We will use them at Real Estate Confluence as guides then further explore each nook and cranny of these areas.
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