Tucson Housing Market Pulse – February 2024

 Tucson’s Housing Market Pulse – February 2024

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The February 2024 Tucson Housing Market Pulse shows the Median sales price for increased 9.0% from February 2023 and stands at $352,500. As for the average sales price, it increased 10.5% over February 2023. Remember, that’s for all homes sold – Single-family, condos/townhomes and manufactured homes.

Median, note Median, days on market was 29 for February 2024. That’s a drop of 6 days from the prior year.

One more thing, the ratio of sales price to list price was 98.14% for February 2024. Active listings at the end of February stood at 3,070. Single-family at 2,581, Townhouses at 179, Condominiums at 153 and Manufactured homes at 119.

If you are the type that adds up the details and checks it against the total, you will find the details are 38 less than the total. Hmmm – looks as if the marketing majors are doing the data.

The Tucson Housing Market Pulse February 2024 – All Homes – Single Family – Condos/Townhomes – Manufactured Homes

February 2024 housing market pulse

 

 

 

February 2024 housing stats

Market Pulse Year to Year

The Takeaway

Mortgage Rates

Inflation remains a wildcard for the Fed and recent inflation data suggest Fed rate reductions may have to wait. A quick review of mortgage rates shows a 30-year fixed rate of 7.25%. 15-year fixed rate at 6.63% and a 3 – 6 ARM at 6.59%.

Of course, credit scores and regional incentives would affect these rates.

Demand

February 2024 sales of 1,109 were up 2.2% from the prior year. But the average price of homes sold in February was up 10.5% from February 2023. The sales price to list price ratio was at 98.14%. Abeit, under 100% but suggesting demand remains strong in the Tucson, AZ market.

Current interest rates may be slowing sales, but buyers are paying close to list for a Tucson home.

> Inventory Of Homes for Sale

New listings came in at 1,726 in February. An increase of 334 over the prior year. That’s 24% by the way. Could the “move up” buyers be throwing in the towel and swapping a 3.25% mortgage rate for a higher rate. Could be.

> Prices

Prices continue to increase year over year as shown above the median sales price was up 9.0% year over year.

> The Bottom Line

Mortgage rates held in February 2024 and may not decrease during the 1st half of 2024. But a new home may just be the thing bringing the move up buyer back into the market. Even at a higher mortgage rate.

No change in the near-term outlook! Continued demand, prices up and home inventory improving somewhat. Will some snowbirds put their home on the market as they head to their summer homes?

We will find out fairly soon.

It’s deja vu all over again on new construction. New home builders are steadily raising prices in response to demand with low resale inventory.  Most buyers are happy as well to get a new home and not need to remodel anything. New home builder incentives may also play a part in the new construction option.

Considering A Home Tucson – Give Us a Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Go to the Tucson housing report archives for a look at recent housing reports and trends.

By the way, if you missed last month’s issue of the Tucson Housing Market Pulse its right here Tucson Housing Market Pulse January 2024

Tucson Housing Market Pulse – January 2024

 Tucson’s Housing Market Pulse – January 2024

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

Let’s start the new year of the Tucson Housing Market Pulse with new report formats from the Tucson Association of Realtors. The big change is that all home types are lumped together. Single-family, condos/townhomes and manufactured homes. Yes, its dumb, but that’s what they did.

Also, the focus of price reporting is on the median sales price of homes sold.

It’s a new reporting format on the same Tucson real estate market.

And here we go!

The January 2024 Tucson Housing Market Pulse shows the Median sales price for increased 8.0% from January 2023 and stands at $352,500. As for the average sales price, it increased 5.5% over January 2023. Remember, that’s for all homes sold – Single-family, condos/townhomes and manufactured homes.

Median, note Median, days on market was 26 for January 2024. That’s a drop of 6 days from the prior year.

One more thing, the ratio of sales price to list price was 97.98% for January 2024. Active listings at the end of January stood at 3,062. Single-family at 2,592, Townhouses at 164, Condominiums at 141 and Manufactured homes at 118.

If you are the type that adds up the details and checks it against the total, you will find details are 47 less than the total. Someone flunked math, I guess.

The Tucson Housing Market Pulse January 2024 – All Homes – Single Family – Condos/Townhomes – Manufactured Homes

 

January 2024 Tucson real estate market pulse

Months Supply

Median Sales Prices

The Takeaway

Mortgage Rates

The Bureau of labor reported the consumer price index increased 0.3% in January. On a 12-month basis, that came out to 3.1%, down from 3.4% in December.
Inflation remains a wildcard for the Fed and adjustments to the federal funds rates may have to wait. A quick review of mortgage rates has rates from 6.75% to 7.25%. Of course, credit scores and regional incentives would affect these rates.

Demand

January 2024 sales of 873 were the lowest (by 1 for November 2023 at 872) in the last 3 years. But median and average price were up 8.0% and 5.5% respectively. So, unit sales are down, but prices – year over year – are up. And the ratio of sale price to list price is at 97.93%

Interest rates may be slowing sales, but buyers are paying close to list for a Tucson home.

> Inventory Of Homes for Sale

New listings came in at 1,722 in January. An increase of 165 over the prior year. By the way, that is 10.6%. It is likely interest rates are keeping the “move up” buyers in their homes. Swapping a 3.25% mortgage rate for 7.0% on a more expensive home increases the caring cost a lot!

> Prices

Prices continue to increase year over year as shown above the median sales price was up 8.0% year over year.

> The Bottom Line

Mortgage rates held in January 2024 and may not decrease during the 1st half of 2024 as had been suggested.

No change in the near-term outlook! Prices up and home inventory seeing some increases. Will some snowbirds put their home on the market as they head to their summer homes?

We will find out fairly soon.

It’s deja vu all over again on new construction. New home builders are steadily raising prices in response to demand with low resale inventory.  Most buyers are happy as well to get a new home and not need to remodel anything. New home builder incentives may also play a part in the new construction option.

Considering A Home Tucson – Give Us a Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much change in the January 2024 Tucson Housing Market Pulse other than the TAR data changes.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Go to the Tucson housing report archives for a look at recent housing reports and trends.

By the way, if you missed last month’s issue of the Tucson Housing Market Pulse its right here December 2023 Tucson Housing Market Pulse.

Tucson’s Long Realty Comeback

Following Tucson’s Long Realty Come

Latest Updates On The Tucson Real Estate Market

long realty

 

Tucson Arizona’s long realty come back is profiled in our monthly Tucson Real Estate Market Update.

MLSSAS monthly data is summarized and compared to the prior year. For those wanting to take a deeper dive on where we “have been” in Tucson’s Long Realty Comeback read Past Issues right here.

 

Long Realty Come Back News in The Tucson Realty Review Archives – 2024

2024 Market Insights

January
February

 

Long Realty Come Back News in The Tucson Realty Review Archives – 2023

January
February
March
April
May
June
July
August
September
October
November
December

Long Realty Come back News In The Tucson Realty Review Archives – 2022

January
February
March
April
May
June
July
August
September
October
November
December

Long Realty Come back News In The Tucson Realty Review Archives – 2021

January
February
March
April
May
June
July
August
September
October
November
December

Long Realty Come back News In The Tucson Realty Review Archives – 2020

January
February
March
April
May
June
July
August
September
October
November
December

2020 Market Review & 2021 Outlook

Long Realty Come back News In The Tucson Realty Review Archives – 2019

January
February
March
April
May
June
July
August
September
October
November
December

Long Realty Come back News In The Tucson Realty Review Archives – 2018

January – Summary
January – Detail
February – Summary
February – Detail
March – Summary
March – Detail
April – Summary
April – Detail
May – Summary
May – Detail
June – Summary
June – Detail
July – Summary
July – Detail
September – Summary
September – Detail
October – Summary
October – Detail
November – Summary
November – Detail
December – Summary
December – Detail

Long Realty Come back News In The Tucson Realty Review Archives – 2017

January – Summary
January – Detail
February – Summary
February – Detail
March – Summary
March – Detail
April – Summary
April – Detail
May – Summary
May – Detail
June – Summary
June – Detail
July – Summary
July – Detail
August – Summary
August – Detail
September – Summary
September – Detail
October – Summary
October – Detail
November – Summary
November – Detail
December – Summary
December – Detail

Long Realty Come back News In The Tucson Realty Review Archives – 2017

Long Realty Come back News In The Tucson Realty Review Archives – 2016

Long Realty Come back News In The Tucson Realty Review Archives – 2015

Long Realty Come back News In The Tucson Realty Review Archives – 2014

Long Realty Come back News In The Tucson Realty Review Archives – 2014

Long Realty Come back News In The Tucson Realty Review Archives – 2013

Want to dig even deeper into Tucson’s Real Estate historical data? Well, here you GO!

 

One of the coveted segments of Tucson Real Estate that continues to be strong are historic home in and around the City of Tucson Arizona. A key part of the long realty comeback.

What is a historic Tucson home?

A historic Tucson home is considered to have been built prior to the 1950’s.

Why would an old home be sought after? The answer is simple. There aren’t many homes that can offer the location, charm, character, and craftsmanship of a historic Tucson home.

Homes in the El Presidio neighborhood date back to the mid to late 1800’s. Homes have the old west Adobe style and downtown location. El Presidio homes are unique and treasured.

Popular historic Tucson neighborhoods include El Encanto, Sam Hughes and Catalina Vista. Each of these areas offers a style of home unique to each neighborhood.

See Historic Tucson Homes For Sale

When looking for a historic Tucson home the neighborhood is everything. The more notable the historic Tucson neighborhood the higher the price. Also, the more constant the demand will be of the homes.

An example of this would be the historic Tucson neighborhood of El Encanto. El Encanto and its sister neighborhood of Colonia Solana are on Broadway. They are across the street from each other.

Similar homes in El Encanto sell for 10%-15% more than in Colonia Solana. Why the premium? Simply, the name and reputation of the historic Tucson neighborhood.

El Encanto was Tucson’s first “Luxury Housing development”. Business leaders and notable Tucson residents built their homes in the El Encanto. As it grew it became a Tucson status symbol to live in the El Encanto area.

At the same time, Colonia Solana was being built across the street. For what ever reasons, El Encanto remains the “old money neighborhood of Tucson” not Colonia Solana. That distinction increases the value of an El Encanto home.

The story is the same for other historic Tucson neighborhoods

Sam Hughes is a prime example. Tell anyone you own a home in Sam Hughes and they will likely know where you live. The Sam Hughes Neighborhood is well known and highly sought after.

If you are looking for a historic Tucson home and can pay the premium, look in the more well known historic Tucson neighborhoods. The premium you pay will be worth it.

Although it may not be important in the decision-making process there is another advantage in owning a historic Tucson home. A BIG break in your property taxes. Historic Tucson neighborhoods identified as “National Historical Districts” pay lower property taxes.

Considering Tucson as a place to live or have a winter retreat? We can Help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

 

Tucson Housing Market Pulse – December 2023

 Tucson’s Housing Market Pulse – December 2023

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The December 2023 Tucson Housing Market Pulse shows year over year sales prices for Single Family Homes continued upward. The median sales price for a single-family home increased 2.7% and the average sales price gained 6.9% from December 2022.

Active Listings of Single-Family Homes are DOWN 13.4% from December 2022 with 2,111 single family homes on the market at the end of December.  At the current burn rate for closed transactions that translates to a 2.4-month supply.

Condos and Townhouses prices fell slightly. The year over year Median sales price Dropped 0.4% and Average sales price Fell 0.2%. There were 268 Active Listings of Condo/Townhouses on the market at the end of December. That’s a 1.9-month supply.

One more thing, the ratio of sales price to list price is slightly under 100%. Under, but not by much! Single Family are at 98.7% and Condo/Townhouse at 98.8% for December.

Now for the details……

The Tucson Housing Market Pulse December 2023 – Single Family Homes

Market pulse single family December2023

The Tucson Housing Market Pulse December 2023 – Condos & Townhouses

condo townhomes December 2023

The Takeaway

Mortgage Rates

Mortgage rates pulled back as of mid-December with a 30-year fixed-rate mortgage at 7.25%.

Demand

Nothing new on this front! Demand is chasing low home inventories and pushing prices up.

The Sale to List Price ratio for December was 98.7% for Single Family Homes and 98.8% for Condos/Townhouses.

> Inventory Of Homes for Sale

New listings for Single Family Homes were basically flat at 734 and Condos/Townhouses Increased 3.1% from December 2022.

Pending Sales are up 3.4% percent at 663 for Single Family and down 18.0% for Townhouse/Condo.

Higher interest rates continue to be a drag on move up sellers. Many are sitting on a low-rate mortgages and don’t want to sell to buy higher priced home and carry a higher rate mortgage. This conundrum continues and is big factor keeping inventory low with no change is sight.

> Prices

Median and Average prices were up for both Single Family Homes and Condo/Townhouses. Over the last 12 months, the Average Price of a Single-Family Home is up 3.8% and Condo/Townhome is up 5.3%.

> The Bottom Line

Mortgage rates have increased so far in early January 2024. The “pundits” suggest rates will decline throughout 2024 ending around 6.0% by end of year. It appears that demand and low inventory continue to offset interest rates and pushing prices up.

No change in the near-term outlook! Prices continue to rise in spite of higher mortgage rates. However, closed sales have continued to decline since May 2023. Only 652 SFR and 85 Condo/Townhomes closed in December.

Given the situation, it should be no surprise that new home builders are smiling and steadily raising prices in response to demand.  Many new home builders have captive finance units and able to give rate incentives or closing cost offsets.

Considering A Home Tucson – Give Us A Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much changing on a month to month basis in the December 2023 Tucson Housing Market Pulse.

Our website provides lots of information on communities and homes in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and provide you the information you are looking for.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Hopefully, you will agree.

Search the Tucson MLS for your dream home in Tucson Arizona using your criteria. Use the Tucson MLS Map to see where the Tucson MLS Areas are located.

Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Go to the Tucson housing report archives for a look at recent housing reports and trends. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

By the way, if you missed last month’s issue of the Tucson Housing Market Pulse its right here – November 2023 Tucson Housing Market Pulse.

Tucson Housing Market Pulse – November 2023

 Tucson’s Housing Market Pulse – November 2023

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The November 2023 Tucson Housing Market Pulse shows year over year sales prices for Single Family Homes continue upward. The median sales price for a single family home increased 4.0% and the average sales price gained 2.4% from November 2022.

Active Listings of Single Family Homes are DOWN 15.9% from November 2022 with 2,224 single family homes on the market at the end of November. Month over month, November Active Listing were up 2.7% from October. At the current burn rate for closed transactions that translates to a 2.6 months supply.

Condos and Townhouses prices moved up as well. The year over year Median sales price moved UP 21.7% and Average sales price UP 23.1%. With 250 Active Listings of Condo/Townhouses on the market. That’s a 1.7 months supply.

One more thing, the ratio of sales price to list price is slightly under 100%. Under, but not by much! Single Family are at 98.7% and Condo/Townhouse at 98.4% for November.

Now for the details……

The Tucson Housing Market November 2023 – Single Family Homes

Market pulse November 2023 SFR

The Tucson Housing Market November 2023 – Condos & Townhouses

Tucson housing market pulse Condo/TH november 2023

The Take Away

Mortgage Rates

Mortgage rates pulled back as of mid December with a 30-year fixed-rate mortgage at 7.25%.

Demand

What can you say? Demand is chasing low home inventories and pushing prices up.

The Sale to List Price ratio for November was 98.7% for Single Family Homes and 98.4% for Condos/Townhouses. These ratios are down slightly from October 2023.

> Inventory Of Homes For Sale

New listings for Single Family Homes were DOWN 15.9% and Condos/Townhouses DECREASED 27.1% from November 2022.

Pending Sales are up 13.2% percent for Single Family and down 12.9% for Townhouse/Condo.

Higher interest rates are also a negative influence on would be sellers. Many move-up sellers have low rate mortgages and don’t want to sell because they would move to a higher priced home and a higher priced mortgage. This conundrum continues and is big factor keeping inventory low.

> Prices

Median and Average prices were up for both Single Family Homes and Condo/Townhouses. Over the last 12 months, the Average Price of a Single Family Home is up 4.0% and Condo/Townhome is up 6.6%.

> The Bottom Line

Mortgage rates have declined a bit, but demand is steady and resale inventory low. It appears that demand and low inventory continue to offset interest rates and pushing prices up. For the 12 month period ending with November, the Average Median purchase price of a single-family home is up 3.3%.

No change in the near term outlook! Prices continue to rise in spite of higher mortgage rates. But as economists would say, on the other hand higher mortgage rates may keep some buyers on the side lines.

Given the situation, it should be no surprise that new home builders are going strong and steadily raising prices in response to demand.  Many new home builders have captive finance units and able to give rate incentives or closing cost offsets.

Considering A Home Tucson – Give Us A Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much changing on a month to month basis in the November 2023 Tucson Housing Market Pulse.

Our website provides lots of information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and provide you the information you are looking for.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Hopefully, you will agree.

Search the Tucson MLS for your dream home in Tucson Arizona using your criteria. Use the Tucson MLS Map to see where the Tucson MLS Areas are located.

Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Historical Tucson housing market trends can be found for Tucson Real Estate Trends 2006 to 2012 annual along with summaries of 2013 and 2014 annual data.

Go to the Tucson housing report archives for a look at recent housing reports and trends. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

By the way, if you missed last months issue of the Tucson Housing Market Pulse its right here – September 2023 Tucson Housing Market Pulse.

 

Tucson Housing Market Pulse – October 2023

 Tucson’s Housing Market Pulse – October 2023

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The October 2023 Tucson Housing Market Pulse shows year over year sales prices for Single Family Homes continue upward. The median sales price for a single family home increased 5.2% and the average sales price gained 8.9% from October 2022.

Active Listings of Single Family Homes are DOWN 19.8% from October 2022 with 2,166 single family homes on the market at the end of October. Month over month, October Active Listing were up 11.1% from September. At the current burn rate for closed transactions that translates to a 2.5 months supply.

Condos and Townhouses prices moved up as well. The year over year Median sales price moved UP 4.0% and Average sales price UP 6.0%. With 228 Active Listings of Condo/Townhouses on the market. That’s a 1.5 months supply.

One more thing, the ratio of sales price to list price is slightly under 100%. Under, but not by much! Single Family are at 98.9% and Condo/Townhouse at 99.3% for October.

Now for the details……

The Tucson Housing Market October 2023 – Single Family Homes

tucson housing market pulse October 2023 SFR

The Tucson Housing Market October 2023 – Condos & Townhouses

Tucson market pulse Oct 2023

The Take Away

Mortgage Rates

Mortgage rates continue to inch up to two decade highs. The average 30-year fixed-rate mortgage moved to 7.75% at the end of October.

Demand

What can you say? Demand is chasing low home inventories and pushing prices up.

The Sale to List Price ratio for October was 98.9% for Single Family Homes and 99.3% for Condos/Townhouses. These ratios are down slightly from October 2022.

> Inventory Of Homes For Sale

New listings for Single Family Homes are UP 0.7% from October of 2022. The first year over year up tick in 12 months. Condos/Townhouses DECREASED 3.2% from October 2022. The smallest decrease in the last 8 months.

Pending Sales are up 22.3% percent for Single Family and 18.3% for Townhouse/Condo.

Higher interest rates are also a negative influence on would be sellers. Many move-up sellers have low rate mortgages and don’t want to sell because they would move to a higher priced home and a higher priced mortgage. It a conundrum and big factor keeping inventory low.

> Prices

Median and Average prices were up for both Single Family Homes and Condo/Townhouses. Over the last 12 months, the Average Price of a Single Family Home is up 8.9% and Condo/Townhome is up 6.0%.

> The Bottom Line

Mortgage rates moved up, demand is steady and resale inventory low. It appears that demand and low inventory are offsetting higher interest rates and pushing prices up. Year to Date, the Average Median purchase price of a home is up 6.0%.

No change in the near term outlook! Prices continue to rise in spite of higher mortgage rates. But as economists would say, on the other hand higher mortgage rates may dampen buyers interests….at some time in the future.

Given the situation, it should be no surprise new home builders are going strong and steadily raising prices in response to demand.  Many new home builders have captive finance units and able to give rate incentives or closing cost offsets.

Considering A Home Tucson – Give Us A Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much changing on a month to month basis in the October 2023 Tucson Housing Market Pulse.

Our website provides lots of information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and provide you the information you are looking for.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Hopefully, you will agree.

Search the Tucson MLS for your dream home in Tucson Arizona using your criteria. Use the Tucson MLS Map to see where the Tucson MLS Areas are located.

Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Historical Tucson housing market trends can be found for Tucson Real Estate Trends 2006 to 2012 annual along with summaries of 2013 and 2014 annual data.

Go to the Tucson housing report archives for a look at recent housing reports and trends. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

By the way, if you missed last months issue of the Tucson Housing Market Pulse its right here – September 2023 Tucson Housing Market Pulse.

Tucson Housing Market Pulse – September 2023

 Tucson’s Housing Market Pulse – September 2023

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The September 2023 Tucson Housing Market Pulse shows year over year sales prices for Single Family Homes increased …Again! The median sales price for a single family home increased 2.3% and the average sales price gained 7.0% from September 2022.

Active Listings of Single Family Homes are DOWN 23.8% from September 2022 with 1,950 single family homes on the market at the end of September.  At the current burn rate for closed transactions that translates to a 2.3 months supply.

Condos and Townhouses prices moved up as well. The year over year Median sales price moved UP 2.6% and Average sales price UP 5.3%. With 202 Active Listings of Condo/Townhouses on the market. That’s a 1.4 months supply.

One more thing, the ratio of sales price to list price is slightly under 100%. Under, but not by much! Single Family are at 98.7% and Condo/Townhouse at 99.2% for September.

Now for the details……

The Tucson Housing Market September 2023 – Single Family Homes

Tucson Homes Market Pulse September 2023

The Tucson Housing Market September 2023 – Condos & Townhouses

Tucson market pulse September 2023

The Take Aways

Mortgage Rates

Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, continued to impact market.

The average 30-year fixed-rate mortgage moved to 7.5% at the end of September. Rates hit a two-decade high in September, according to Freddie Mac.

Demand

What can you say? Demand is chasing low home inventories and that means purchase to list prices are not declining

The Sale to List Price ratio for September was 98.7% for Single Family Homes and 99.2% for Condos/Townhouses.

> Inventory Of Homes For Sale

New listings for Single Family Homes are DOWN 13.1% from September of 2022 and essentially unchanged since March 2023. Condos/Townhouses have similar results…..but worst. Down 24.4% from September 2022.

Pending Sales are up 3.6% percent for Single Family and down 12.1% for Townhouse/Condo.

> Prices

Median and Average prices were up for both Single Family Homes and Condo/Townhouses. Over the last 12 months, the Average Price of a Single Family Home is up 4.9% and Condo/Townhome is up 7.0%.

> The Bottom Line

Mortgage rates moved up, demand is steady and resale inventory low. It appears that demand and low inventory are offsetting higher interest rates. at least for now. Population forecasts estimate 1,100 people will move to Pima County every month for the next decade.

Hmmmm?? That suggests prices “could” continue to rise in spite of higher mortgage rates. But as economists would say, on the other hand higher mortgage rates may dampen buyers interests….at some time in the future.

Given the situation, it should be no surprise new home builders are going strong and raising prices in response to demand.  Many new home builders have captive finance units and able to give rate incentives or closing cost offsets.

Considering A Home Tucson – Give Us A Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much changing on a month to month basis in the September 2023 Tucson Housing Market.

Our website provides lots of information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and provide you the information you are looking for.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Hopefully, you will agree.

Search the Tucson MLS for your dream home in Tucson Arizona using your criteria. Use the Tucson MLS Map to see where the Tucson MLS Areas are located.

Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Historical Tucson housing market trends can be found for Tucson Real Estate Trends 2006 to 2012 annual along with summaries of 2013 and 2014 annual data.

Go to the Tucson housing report archives for a look at recent housing reports and trends. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

By the way, if you missed last months issue of the Tucson Housing Market Pulse its right here – August 2023 Tucson Housing Market Pulse.

Tucson Housing Market Pulse – August 2023

 Tucson’s Housing Market Pulse – August 2023

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The August 2023 Tucson Housing Market Pulse shows year over year sales prices for Single Family Homes continue to move up…Again! The median sales price for a single family home increased 2.9% and the average sales price gained 3.7% from August 2022.

Active Listings of Single Family Homes are DOWN 28.4% from August 2022 with 1,676 single family homes on the market at the end of August. Basically unchanged from July at 1670.

At the current burn rate for closed transactions that translates to a 1.9 months supply.

Condos and Townhouses prices moved up as well. The year over year Median sales price moved UP 2.4% and Average sales price UP 3.1%. With 162 Active Listings of Condo/Townhouses on the market. That’s a 1.0 months supply.

One more thing, the ratio of sales price to list price is slightly under 100%. Under, but not by much! Both Single Family and Condo/Townhouse at 99.0% for August 2023.

Now for the details……

The Tucson Housing Market August 2023 – Single Family Homes

Tucson housing market august 2023

The Tucson Housing Market August 2023 – Condos & Townhouses

condo Townhomes market Tucson August 2023

The Take Aways

Mortgage Rates

Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, continued to impact market activity during the summer home buying season.

The average 30-year fixed-rate mortgage has remained above 6.5% since May. Rates hit a two-decade high in August, according to Freddie Mac.

In the Arizona market, on Thursday, September 14, 2023, the 30-year fixed mortgage APR is a smidge over 7.0%

Demand

No change here!

The Sale to List Price ratio for August was 99.0% for both Single Family Homes and Condos/Townhouses.

> Inventory Of Homes For Sale

New listings for Single Family Homes are DOWN 28.4% from August of 2022 and essentially unchanged from July 2023. Condos/Townhouses have similar results…..but worst. Down 38.9% from August 2022.

New Listings decreased 23.5 percent for Single Family and 30.1 percent for Townhouse/Condo. Pending Sales decreased 1.7 percent for Single Family and 17.2 percent for Townhouse/Condo.

> Prices

Median and Average prices were up for both Single Family Homes and Condo/Townhouses. Over the last 12 months, the Average Price of a Single Family Home is up 5.0% and Condo/Townhome is up 7.7%.

> The Bottom Line

Mortgage rates remain high, demand strong and resale inventory low. That suggests prices “could” continue to rise, but as an economist would say, on the other hand higher mortgage rates may dampen buyers interests.

New home builders are going strong and raising prices in response to demand.  Many new home builders have captive finance units and able to give rate incentives or closing cost offsets.

Considering A Home Tucson – Give Us A Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much changing on a month to month basis in the August 2023 Tucson Housing Market.

Our website provides lots of information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for. Pandemic or not, we are on the job and ready to assist you find your future home or winter retreat in the Greater Tucson area.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Hopefully, you will agree.

Search the Tucson MLS for your dream home in Tucson Arizona using your criteria. Use the Tucson MLS Map to see where the Tucson MLS Areas are located.

Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

 

Historical Tucson housing market trends can be found for Tucson Real Estate Trends 2006 to 2012 annual along with summaries of 2013 and 2014 annual data.

Go to the Tucson housing report archives for a look at recent housing reports and trends. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

By the way, if you missed last months update its right here – July 2023 Tucson Housing Market Pulse.

Tucson Housing Market Pulse – July 2023

 Tucson’s Housing Market Pulse – July 2023

 Ben & Kim Boldt – Tucson’s Top Realty Team

Quickly Search ALL Homes For Sale In Tucson AZ

The July 2023 Tucson Housing Market Pulse shows year over year sales prices for Single Family Homes continue to move up…Again! The median sales price for a single family home increased 3.2% and the average sales price gained 6.1% from July 2022.

Active Listings of Single Family Homes are DOWN 24.9% from July 2022 with 1,670 single family homes on the market at the end of July. That’s up 4.8% from June.

At the current burn rate for closed transactions that translates in to 1.9 months supply.

Condos and Townhouses prices moved up as well. The year over year Median sales price moved UP 14.8% and Average sales price UP 6.1%. With 151 Active Listings of Condo/Townhouses on the market there is only a 1.0 months supply.

One more thing, the ratio of sales price to list price is slightly under 100%. Under, but not by much! Single Family sell at 99.3% of list and Condo/Townhouse at 99.5% for July 2023.

Now for the details……

The Tucson Housing Market July 2023 – Single Family Homes

The Tucson Housing Market July 2023 – Condos & Townhouses

The Take Aways

Mortgage Rates

With the increase in the Fed Fund rate, mortgage rates have moved up.

In the Tucson market, rates appear to be following this pattern holding in the range of 7.30% to 8.0% with Good to Very Good Credit.

Demand

No change here!

The Sale to List Price ratio for July was 99.3% for Single Family Homes and 99.5% for Condos/Townhouses.

> Inventory Of Homes For Sale

New listings for Single Family Homes are DOWN 24.9% from the prior year, but UP 4.8% from June 2023. Condos/Townhouses have similar results…..but worst. Down 41.7% from July 2022.

> Prices

Median and Average prices “wiggled” up and down for both Single Family Homes and Condo/Townhouses.

> The Bottom Line

Mortgage rates moved up, demand continues to be high and resale inventory low. That means prices “should” continue to rise, but higher mortgage may dampen buyers interests. On the other hand, new home builders are going strong and raising prices in response to demand.  Many new home builders have a captive finance units and able to give rate incentives or closing cost offsets.

Will Tucson home appreciation be greater than the borrowing rate?  Time will tell.

Over the last 12 months, the Average Price of a Single Family Home and Condo/Townhome is up 6.1%.

Considering A Home Tucson – Give Us A Call

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction?

We’ll brief you on buying a new construction home and what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

Best of all, our professional service backgrounds mean we put you first!

When submitting an offer

Given current inventory levels, low ball offers aren’t getting traction.

So, if you “really” want the home, make a realistic offer within your budget and timing constraints.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy ………or sell.

Conclusion

Not much changing on a month to month basis in the July 2023 Tucson Housing Market.

Our website provides lots of information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for. Pandemic or not, we are on the job and ready to assist you find your future home or winter retreat in the Greater Tucson area.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Hopefully, you will agree.

Search the Tucson MLS for your dream home in Tucson Arizona using your criteria. Use the Tucson MLS Map to see where the Tucson MLS Areas are located.

Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

 

Historical Tucson housing market trends can be found for Tucson Real Estate Trends 2006 to 2012 annual along with summaries of 2013 and 2014 annual data.

Go to the Tucson housing report archives for a look at recent housing reports and trends. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

By the way, if you missed last months update its right here – May 2023 Tucson Housing Market Pulse.

Tucson Statistics Housing Report Archives

Tucson Statistics And Housing Report Since 2010

Find Tucson Statistics From Tucson MLS And Tucson Housing Report Archives

tucson statistics report

Tucson Statistics for the Tucson housing market are published monthly by the Tucson Association of Realtors.

One of the things people like about living in Arizona is what you get for your money when buying a home.

Here is the key data on the trends in the Tucson housing market for this year and the last 5 years.

Start Your Tucson Home Search Here!

Looking For A Tucson Luxury Property? Start Here!

Tucson Statistics – Housing Report Archive

MLS Tucson Statistics – 2021

January

MLS Tucson Statistics – 2020

January
February
March
April
May
June
July
August
September
October
November
December

MLS Tucson Statistics – 2019

January
February
March
April
May
June
July
August
September
October
November
December

MLS Tucson Statistics – 2018

January – Summary
January – Detail
February – Summary
February – Detail
March – Summary
March – Detail
April – Summary
April – Detail
May – Summary
May – Detail
June – Summary
June – Detail
July – Summary
July – Detail
September – Summary
September – Detail
October – Summary
October – Detail
November – Summary
November – Detail
December – Summary
December – Detail

MLS Tucson Statistics – 2017

January – Summary
January – Detail
February – Summary
February – Detail
March – Summary
March – Detail
April – Summary
April – Detail
May – Summary
May – Detail
June – Summary
June – Detail
July – Summary
July – Detail
August – Summary
August – Detail
September – Summary
September – Detail
October – Summary
October – Detail
November – Summary
November – Detail
December – Summary
December – Detail

MLS Tucson Statistics – 2016

January Summary
JanuaryDetail
Febraury Summary
FebruaryDetail
March Summary
MarchDetail
April Summary
AprilDetail
May Summary
MayDetail
June Summary
JuneDetail
July Summary
JulyDetail
August Summary
AugustDetail
SeptemberSummary
SeptemberDetail
OctoberSummary
OctoberDetail
NovemberSummary
November Detail
DecemberSummary
December Detail

 

MLS Tucson Statistics – 2015

January Summary
January
Detail
FebruarySummary
FebruaryDetail
MarchSummary
MarchDetail
AprilSummary
April
Detail
MaySummary
May
Detail
JuneSummary
June
Detail
JulySummary
July
Detail
AugustSummary
August
Detail
SeptemberSummary
September
Detail
OctoberSummary
October
Detail
NovemberSummary
November
Detail
DecemberSummary
December
Detail

MLS Tucson Statistics  – 2014
January

February
March
April
May
June

July
August
September
October
November

MLS Tucson Statistics – 2013
January
February
March
April
May
June
July
August
September
October
November
December

MLS Tucson Statistics – 2012
January
February
March
April
May
June
July
August
September
October
November
December

MLS Tucson Statistics – 2011
January
February
March
April
May
June
July
August
September
October
November
December

MLS Tucson Statistics – 2010
January
February
March
April
May
June
July
August
September
October
November
December

If you “really” want the home, make a “reasonable” offer. We work with our buyers to present an offer – THEY – feel good about. Some low ball offers are getting the job done. Some aren’t.

You have to ask yourself, “ will I feel bad if I don’t get this house?” If the answer is no, then put in an offer you would feel is a steal and see what happens. If the answer is yes, put in an offer at a price you would feel is reasonable to you and hopefully the seller.

We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy or sell. We use the Tucson Statistics from the Tucson MLS system to do this. Current data, professional analysis and candid communication for your decisions.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us 866 316 5575 OR complete the CONTACT FORM and we will get right back to you!

Check out our recent Tucson Real Estate Blog. Review the economic & financial information for Tucson Arizona – READ.  Check out what our clients have to say about our services.

A summary of current monthly data is available at Tucson Housing Video.

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

For more on the City of Tucson and Tucson Metropolitan are go to the City of Tucson Website.