Tucson Housing Market September 2015

The Tucson Housing Market September 2015

Tucson Housing Market Update From TARMLS For September 2015

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Tucson Housing Market September 2015

The Tucson Housing Market September report showed sales and listings price changes declined from August 2015.

Total active listings reversed a down trend and were up in September.

Average Sales Price declined as did Average List Prices.

The median sales price was declined by less than 1.00% from August levels. The arrival of  “snowbirds” looking for that perfect Tucson home may create upward pressure on future prices. Will the influx of winter residents and visitors bring more buyers? We will find out soon.

The Fed did not raise rates in September and 30 fixed mortgage rates are again below 4.00%. Will the Fed raise rates in December? We just have to wait, but a quarter of a point wouldn’t be bad for mortgages. Mortgage rates would still be very attractive for buyers.

And now the Tucson Housing Market Report – September 2015

Tucson Housing Market

When submitting an offer

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. Many 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 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 market report archives for a look at recent housing reports. Our outlook for 2015 is available in our latest issue of Tucson Realty Review.

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.

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Check out our recent Tucson Real Estate Newsletter. Review the economic & financial information for Tucson Arizona – READ and check out our archived Tucson Newsletters

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