Category Archives: Tucson Housing Market Report

The Tucson Housing Market August 2019

A Market Update From Ben & Kim Boldt – Premier Tucson Homes

Quickly Search ALL Homes For Sale In Tucson AZ

This months Tucson Housing Market August 2019 has a new look. More data, easier visuals and better graphics. We hope you like it.

The Tucson Housing Market August 2019 – Single Family Homes

The Tucson Housing Market August 2019 – Condos & Townhouses

Average Sales Prices

Median Sales Prices

Listing Prices

Are you wondering how the Average List Price changes by area of Tucson?

The answer is!

The North area continues to have the highest average list price in the Tucson Real Estate Market.

Active Listings

Average Days On Market (DOM)

Thinking of putting your home on the market? Price it right and sell it – FAST!

The Drivers – Buyer Demand, Low Mortgage Rates And Low Inventory

The demand for homes in Tucson remains high. And the low level of “active listing” is driving buyers to new construction. New homes are being built across Tucson.

And while prices continue to rise, Tucson is still a good value compared to many areas in the U.S. Hey, the economists are right. Demand with low supply makes prices rise.

Will August see more of the same? Probably!

August 2019 Mortgage Update

Mortgage rates are now under 4.00% for a 30-year conventional loan. And down payment requirements have been relaxed a bit. The low rates relative to recent year over year appreciation in Tucson home values makes Tucson an easy choice. And Tucson remains one of the lower cost of living places in the U.S. and Arizona.

Tucson has been identified as one of the Top 10 housing markets for 2017 and 2018. December’s data appears to be confirming Tucson is a top pick for cities to live in.

Considering A Home Tucson?

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.

We will also help you get deals on tile and paint to make the home you buy yours. 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 “reasonable” offer.

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 you and your Realtor think is reasonable.

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.

Longer term 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.

Conclusion

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.

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!

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

Check out our recent Tucson Real Estate Newsletters. Review the economic & financial information for Tucson Arizona – HERE!

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 Statistics December 2018

Tucson Housing Statistics December 2018 – Tucson MLS Statistics by Month

The Tucson Housing Statistics December 2018 report summarizes data from the Tucson MLS.

The Tucson Housing Statistics for December 2018 shows a down month and the end to a year with choppy results.

Tucson Arizona offers an incredible array of things to do, places to dine, annual events, entertainment and, yes, places to shop. The weather in Tucson AZ means outdoor activities can take place on any day you want. No snow outs and few rain delays!

Golf, hiking, and Tucson special events are held throughout the year. Yes, it is warm in the summer, but you don’t have to shovel the sunshine!

The Tucson Housing Statistics December 2018 suggests people are discovering why Tucson is a great place to live!

Tucson Housing Statistics December 2018 – January to June

Tucson Housing Statistics December 2018 – July to December

Tucson Housing Statistics December 2018 show the current months data for the Tucson Real Estate market. Check the month to month data to find trends in the market.

If you “really” want the home, make a “reasonable” offer. With our tight market and low Days On Market, well priced home sell quickly. So, if you want it, go after it.

We work with buyers to present an offer – THEY – feel good about. A few low ball offers are getting the job done. Most 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 you and your realtor feel is reasonable. Hopefully the seller will as well.

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

Considering A Home In Tucson, AZ?

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.

We will also help you get deals on tile and paint to make the home you buy yours. Our professional service backgrounds mean we put you first!

Thinking about selling a home in the Tucson area?

Selling a home requires more than listing it in the Tucson MLS system. It’s about marketing. Marketing through multiple online channels.

To no one’s surprise, over 80% of home buyers start their search on the internet. Homes must be visible on multiple internet channels. The more visible a home is, the faster it will sell.

We use multiple online marketing channels to showcase your home. We will build a stand-alone website built to show your home. Our marketing program targets key cities in the U. S. based on the season.

For luxury listings, our drone service provides video of your home and neighborhood. This video along with professional photos helps the online buyer see and feel in your home.

To learn more about how we can help you sell your Tucson home, call us – 520-940-4541 – to arrange a meeting. We will visit your home and prepare a comparative market analysis.

Then we will meet with you to review our analysis and our marketing program to “get your home sold!”

Conclusion

And if the great weather isn’t enough. Living in Tucson, AZ means the cost of living is lower than most other cities of its size.

• The cost of living in Tucson is 5% lower than the Arizona average.
• The cost of living in Tucson is 8% lower than the national average.
• Tucson housing cost is 22% lower than the national average.

Tucson is the second largest city in Arizona, Phoenix is the largest. But the cost of living in Tucson is one of the lowest of all but one of the major cities in the state.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients say that, not us.

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. Read our client testimonials. Give us a call. We look forward to making your home buying or selling a home an enjoyable experience for YOU!

Check out our Tucson Real Estate Blog.

Interested in finding a Tucson Luxury Property? Start Here!

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!

The Tucson Housing Market December 2018

Tucson Housing Market December 2018 Update From Tucson MLS

The report on the Tucson Housing Market December 2018 shows a drop in the average sales price, median price and list price. Overall the 2018 has been a choppy year in the Tucson real estate market. A few up months, a few down months and some flat months.

December’s Median Sales Price ends the year at the same number as December 2017. Even though inventory has been low all year, demand did not moved prices up year over year.

See ALL Tucson Homes For Sale With Descriptions and Pictures

Watch Our Latest 1 Minute Video On Sales Activity In Tucson’s Popular Communities

Tucson Housing Market – Quick Video Update

Tucson Housing Market December 2018 – And Now The Numbers

Tucson Housing Market December 2018 – The Trends

The Tucson Housing Market December 2018 report shows the average sales price DECREASED 2.84% to $251,255. And December 2018 was only UP 1.3% from December 2017.

The December 2018 average sales price stands at 85.5% of the June 2007 peak average sales price of $293,443.

The Median Sales Price for a Tucson home DECREASED 6.39% to $205,000. Right on the number for December 2017.

The Median Sales Price of a Tucson home now stands at 91.1% of the June 2007 peak median sales price of $225,000. Will we get back to the 2007 peak? We will have to wait to see what 2019 has in store.

Tucson Housing Market December 2018 – Listing Prices

The Tucson Housing Market December 2018 report shows Tucson’s Average List Price of a home DECREASED 3.09% to $256,519.

But the more important question is “What is the average list price by area of Tucson?”

And the answer is!

December Active Listings DECREASED 3.60% to 3,212. Active Listings continue below 4,000 for yet another month. Active Listings under 5,000 means the Tucson Real Estate market continues to be very “tight”.

Year over Year active listings ARE DOWN 7.73%.

Tucson Housing Market December 2018 – Average Days On Market (DOM)

Days On Market INCREASED to 40 days in December. Ten months of 2018 have been under 45 days.

Tucson Housing Market December 2018 – Market Drivers

A tight jobs market and the continued flow of baby boomers appear to be providing steady upward pressure on Tucson home prices. Perhaps the low number of active listings and return of the “snowbirds” will combine to give upward momentum to home prices.

Tucson Housing Market December 2018 Mortgage Update

Mortgage rates have are back under 5.0% for a 30-year conventional loan. Current rates remain lower than year over year appreciation in home values.

Tucson has been identified as one of the Top 10 housing markets for 2017 and 2018. December’s data appears to be confirming Tucson is a top pick for cities to live in.

Considering A Home Tucson?

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. We will also help you get deals on tile and paint to make the home you buy yours. 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 “reasonable” offer.

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 you and your Realtor think is reasonable.

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.

Longer term 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.

Conclusion

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.

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!

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 duo in Tucson, AZ since 2002. Read our client testimonials. Give us a call. We look forward to making your home buying or selling experience enjoyable YOU!

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!

Check out our recent Tucson Real Estate Newsletters. Review the economic & financial information for Tucson Arizona – HERE!

n case you missed it, here is the October 2018 Report