Tucson Housing Market June 2018 Report

The Tucson Housing Market June 2018

Tucson Housing Market June 2018 Update From MLSSAZ

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 June 2018 – The Numbers

Tucson Housing Market June 2018

Tucson Housing Market June 2018 – The Trends

The Tucson Housing Market June 2018 report shows the average sales price DECREASED 0.90% to $259,137. But is UP 6.59% from June 2017.

The June 2018 average sales price stands at 88.3% of the June 2007 peak for average sales price.

Tucson Housing Market June 2018

The Median Sales Price for a Tucson home DECREASED 2.08% to $212,000. Since December 2017, the Tucson Home Median Sales Price has INCREASED 3.4%. Year over year, the June 2018 median sales price is UP 3.41%.

The Median Sales Price of a Tucson home now stands at 94.2% of the June 2007 peak median sales price. A long 10 years, but “on average” the Median Sale Price close to the peak levels.

Tucson Housing Market June 2018

Tucson Housing Market June 2018 – Listing Prices

The Tucson Housing Market June 2018 report shows Tucson’s Average List Price of a home DECREASED 1.09% to $264,328. But year over year the Average List Price is UP 8.52%.

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

And the answer is!

Tucson Housing Market June 2018

The June Active Listings DECREASED 2.43% to 2,974. BELOW 3,000! And continues 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 DECREASED 11.25%.

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

Days On Market DROPPED to at 39 days in June. Buyers continue to pounce on well-priced homes.

Tucson Housing Market June 2018

 

Tucson Housing Market June 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. The low number of active listings along with steady demand has resulted in higher May Average Sales And Listing prices

Tucson Housing Market June 2018 Mortgage Update

Mortgage rates are now around 4.5% for a 30-year conventional loan. Mortgage rates continue to be under the year to year Tucson home price increases.

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 i

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 – OR – Tucson Real Estate INFORMATION. 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!

1031 Exchange

1031 Exchange

A 1031 Exchange May Help You Own A Home In Tucson

What is a 1031 Exchange?

1031 Exchange of Like Kind Property A 1031 exchange is a type of real estate transaction that can defer any tax gains. The key to a 1031 is an exchange is that the subject property must be “like-kind” property.  The advantage of a 1031 exchange is that income taxes are not paid at the time of the exchange.

The tax code creates property “classifications”. The classification of a property determines if it qualifies for a “1031 exchange”. Tax-free exchanges are under Section 1031 of the Federal Tax Code.

There are four classifications of Real Estate established by the Internal Revenue Service. The IRS’s definition for 1031 exchange property is:

  1. Primarily held for sale. (Dealer Property)
  2. Held for personal use. (Personal Property)
  3. Held for investment. (Investment Property)
  4. Held for productive use in a trade or business. (Business Property)

Only classifications 3 & 4 qualify for a 1031 Exchange. Property received and the property sold “or given” must be of “like-kind“. The use of the property determines its classification. Should the receiver of the property use it differently, it does not affect your tax status.

The Key Is “Like Kind”

Remember “like kind” is based on your use of the property. Its grade or quality is not considered. Section 1031 treatment is not applied to property held outside the United States.

Vacation homes do not qualify for Section 1031 treatment if used solely for personal use. But may qualify if rented. It must pass a use test each year. Search Condos For Sale in Tucson AZ.

This information is provided as general background on the subject of Section 1031 exchanges. It does not cover all issues or rules on the subject. It is not a substitute for advice from your professional tax adviser. You should always consult your financial or tax adviser on such matters.

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 duo, 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!

Conclusion

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 duo 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!

Do you need to find a home for a 1031 Exchange? We can help!

We have done 1031 exchange transactions and are familiar with the issues and timing. Give us a call to discuss you interests.

Start your search for homes for sale Tucson AZ right here!

Sign UP to receive daily HOME TRACKER UPDATES – OR – Our Monthly NEWSLETTER – OR – Tucson Real Estate INFORMATION. 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!

Foothills Ridge Subdivision Tucson AZ

Foothills Ridge Subdivision Tucson AZ

Find Tucson Homes In Foothills Ridge Subdivision Tucson AZ

Foothills Ridge Subdivision Tucson AZFoothills Ridge Subdivision is in the central part of the North Area of Tucson, AZ. Near East River Rd and Campbell Avenue, Foothills Ridge is near everything in Tucson AZ.

Shopping, restaurants, and activities are nearby at La Encantada This shopping plaza has many name brand stores and great restaurants.

Tucson’s north area is established with many homes dating back to the 1960’s and 70’s. Some have been nicely upgraded while others wait for the buyer that recognizes the value and brings lots of TLC.

The Westin La Paloma, The Hacienda Del Sol and Loews Ventana Canyon are noted resorts in the north area.

Find Homes For Sale In the Foothills Ridge

See Homes For Sale In Subdivisions Near Foothills Ridge

Great views of the Catalina Mountains and Tucson City lights are standard features, but be ready to pay the premium the north area commands. The north area offers buyers a wide range of home architecture and lifestyles. But at a price.

The north area has the highest cost per square foot of living space in the greater Tucson area.

Families living in Foothills Ridge Subdivision are served by the Catalina Foothills School District – District 16.

Restaurants to visit if you are living in the Foothills Ridge Subdivision or another subdivision in Tucson’s North area are Blanco Tacos + Tequilla and North Italia Restaurant. Both in the La Encantada Shopping Plaza.

Find Homes For Sale In the Catalina Foothills And North Area Of Tucson

Considering A Home In Foothills Ridge Subdivision?

Are you thinking of buying a home in the Foothills Ridge Subdivision or another area of 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 Foothills Ridge Subdivision?

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, 90% 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

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. 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!

Sign UP to receive daily HOME TRACKER UPDATES – OR – Our Monthly NEWSLETTER – OR – Tucson Real Estate INFORMATION. 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!

Homes For Sale By Tucson Subdivision

Find All Tucson Homes For Sale By Tucson Subdivision

Fastest Search Of Homes For Sale By Tucson Subdivision

Homes For Sale By Tucson Subdivision

This list of Homes for sale by Tucson subdivision makes finding a home in a specific Tucson subdivision easy. The Tucson metro area covers over 500 square miles. The Tucson MLS identifies over 5,000 Tucson subdivisions where homes might be on the market.

Below is a list of all the Tucson subdivision identified in the MLSSAZ system. To search for homes by Tucson subdivision, just click on the subdivision name. Homes for sale in the Tucson subdivision they will be displayed.

If you would like to receive email updates on new listings or price changes for homes for sale by Tucson subdivision of specific interest, we will do that for you.

Register on our website with the “Log In” button in the upper right. You can save your searches and get daily email updates. Its FREE!

Questions? Call Us 520-940-4541 OR Submit our handy CONTACT FORM

Start your search of homes for sale by Tucson subdivision – NOW!

Homes For Sale by Tucson Subdivision

Numeric Listings

A

 

B

 

C

 

 

 

 

 

 

 

 

 

 

 

 

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y