Oro Valley Real Estate : 2013 1st Quarter Market Update

Posted on April 25, 2013 by Lisa Bayless

Oro Valley real estate :

Below find the 1st quarter (Jan-Mar) 2013 housing results, for Oro Valley. I have compared the 1st quarter 2013 results to 2012, to provide an overview of the market’s current condition compared to the same time last year.
Oro Valley (Jan. – Mar.)
2012              2013

Avg. Price             $268k           $321k
Closings                  148                143
Days on Mkt.        84                   81
Good news! The Oro Valley housing market is showing signs of improvement relative to last year. Very exciting. Compared to the 1st quarter of 2012, this year the average price of single family homes rose 19% while the amount of sales declined 3%. Additionally, the average days homes spent on the market declined 4%. Not only did prices in Oro Valley rise this quarter, homes also sold at a faster rate.
Realtor Lisa Bayless specializes in Oro Valley real estate.  Call Lisa with all your Oro Valley real estate needs.
Share
Posted in oro valley real estate | Tagged , , | Leave a comment

Oro Valley real estate : April 2013 luxury housing report

Posted on April 13, 2013 by Lisa Bayless

Oro Valley real estate : As of March 2013 active luxury inventory was 254, an 11% decrease from March 2012. There were 13 luxury closings in March 2013, virtually unchanged from March 2012. Months of Inventory  was 19.9, down from 22.1 in March 2012. Median price of luxury sold homes was $1,135,000 for the month of March 2013, up 12% from March 2012. The Luxury market had 24 new luxury properties under contract in March 2013, up 33% from March 2012.

Here is a link to the enitre April 2013 luxury housing report.

Realtor Lisa Bayless specializes in Oro Valley real estate.  Contact Lisa for all Oro Valley real estate needs.

Share
Posted in oro valley homes for sale, oro valley real estate | Tagged , , , , , | Leave a comment

Tucson real estate : Foreclosures drop to 5 year low

Posted on April 13, 2013 by Lisa Bayless

Tucson real estate : Well it’s about time… 1st quarter foreclosures in Pima County reached a 5 year low.  There were 1,017 foreclosures in the 1st quarter of 2013 down from 1,342 during the same time last year.

Nationally, foreclosure dropped 23% in 2013 compared to 2012.

The housing market is on the mend.

Realtor Lisa Bayless, specializes in Catalina Foothills, Oro Valley and Marana real estate.  Contact Lisa with all your Tucson real estate needs.

Share
Posted in catalina foothills real estate, marana real estate, oro valley real estate, tucson real estate | Tagged , , , | 1 Comment

Oro Valley real estate: April 2013 housing report

Posted on April 12, 2013 by Lisa Bayless

Oro Valley Real Estate : As of March 2013 active inventory was 270, a 40% decrease from March 2012. There were 74 closings in March 2013, 3% above March 2012. Months of Inventory  was 3.6, down from 6.3 in March 2012. Median price of sold homes was $241,500 for the month of March 2013, up 9% since March 2012. Oro Valley had 101 new properties under contract in March 2013, up 9% from March 2012.

Here is a link to the entire Oro Valley April 2013 housing report.

Realtor Lisa Bayless specializes in Oro Valley real estate.

Share
Posted in oro valley homes for sale, oro valley real estate | Tagged , , , , | Leave a comment

Tucson real estate : March 2013 Catalina Foothills housing report

Posted on March 27, 2013 by Lisa Bayless

Tucson real estate: As of February 2013 active inventory was 532, a 7% decrease from February 2012. There were 90 closings in February 2013, up 17% from February 2012. Months of Inventory was 5.9, down from 7.4 in February 2012. Median price of sold homes was $308,750 for the month of February 2013, up 1% from February 2012. The North area had 144 new properties under contract in February 2013, down 1% from February 2012.

Here is a link to the entire March 2013 Catalina Foothills housing report.

Realtor Lisa Bayless specializes in Catalina Foothills, Oro Valley and Marana real estate.  Contact Lisa for all your Tucson real estate needs.

Share
Posted in catalina foothills real estate, marana real estate, oro valley real estate, tucson real estate | Tagged , , , | Leave a comment

Tucson Real Estate : Luxury Housing Report March 2013

Posted on March 14, 2013 by Lisa Bayless

Tucson real estate : As of February 2013 active luxury inventory was 272, a 3% decrease from February 2012. There were 12 luxury closings in February 2013, 71% above February 2012. Months of Inventory  was 23.0, down from 39.9 in February 2012. Median price of luxury sold homes was $1,032,500 for the month of February 2013, virtually unchanged from February 2012. The Luxury market had 8 new luxury properties under contract in February 2013, down 62% from February 2012.

Here is a link to the entire March 2013 Tucson area luxury housing report.

Lisa Bayless specializes in luxury residential real estate. Contact Lisa for all your luxury Tucson real estate.

Share
Posted in catalina foothills real estate, marana real estate, oro valley real estate, tucson real estate | Tagged , , , , | Leave a comment

Oro Valley Real Estate: March 2013 housing report

Posted on March 14, 2013 by Lisa Bayless

Oro Valley real estate: As of February 2013 active inventory was 286, a 30% decrease from February 2012. There were 50 closings in February 2013, 17% below February 2012. Months of Inventory  was 5.7, down from 6.8 in February 2012. Median price of sold homes was $230,125 for the month of February 2013, up 14% since February 2012. Oro Valley had 74 new properties under contract in February 2013, down 20% from February 2012.

Here is a link to the entire March 2013 Oro Valley housing report.

Realtor Lisa Bayless specializes in Oro Valley real estate. Contact Lisa for all your Oro Valley real estate needs.

Share
Posted in oro valley real estate | Tagged , , , , | Leave a comment

Tucson real estate : Pricing Strategy

Posted on February 2, 2013 by Lisa Bayless

Tucson real estate : Pricing your property properly when first listed can help you get a higher percentage of your list price and sell it in half the time. The majority of showings occur when a house is first placed on the market. If you price too high when you put it on the market, you run the risk of incurringhigher holding costs and ultimately getting less for your property.

Category                                     Selling Price/List Price             Days on Mkt.

No Price Change                               95.8%                                    54

1+ Price Change                               94.9%                                      146

This data shows that home priced right from the beginning sell faster and for a higher percentage of list price than those that end up doing price reductions.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate.  Contact Lisa for all your Tucson real estate needs.

Share
Posted in catalina foothills real estate news, marana real estate, oro valley real estate, tucson real estate | Tagged , , , | Leave a comment

Tucson real estate : 2012 Oro Valley & Catalina Foothills housing market review

Posted on January 28, 2013 by Lisa Bayless
Below find the 2012 housing results for all single family home sales in the Foothills and Oro Valley. I have compared the 2012 housing results to 2011, to show changes in the housing market on a yearly basis.
Foothills

Year                    2011                   2012
Avg. Price           $477                   $459
# Sales                     627                         810
Days on Mkt.          97                           73
In 2012, the average purchase price of single family homes in the Foothills declined 3% while the amount of sales rose 29%. Additionally, in 2012 homes sold 24% faster. While the purchase price of homes in the Foothills declined in 2012, more home sold and at a faster rate.
Oro Valley
Year                                               2011                   2012
Avg Price                                      $287k              $279K
# Sales                                            533                    627
Days on Mkt.                                98                       72

In 2012, the average purchase price of single family homes in Oro Valley declined 2% while the amount of sales rose 17%. Additionally, in 2012 homes sold 26% faster.While the purchase price of homes in Oro Valley declined in 2012, more home sold and at a faster rate.

In 2013, the housing market is expected to improve. Hurray! Considering buying or selling a home? Contact Lisa Bayless (668.8293) for a free market evaluation.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Contact Lisa with allyour Tucson real estate needs.

Share
Posted in catalina foothills real estate listings, marana real estate, oro valley real estate, tucson real estate | Tagged , , | Leave a comment

Tucson real estate : Tucson area housing report January 2013

Posted on January 21, 2013 by Lisa Bayless

Tucson real estate: As of December 2012 active inventory was 4,460, a 10% decrease from December 2011. There were 941 closings in December 2012, 3% below December 2011. Months of Inventory was 4.7, down from 5.1 in December 2011. Median price of sold homes was $148,000 for the month of December 2012, up 23% from December 2011. The Tucson Market had 1,115 new properties under contract in December 2012, down 7% from December 2011.

Here is a link to the entire January 2013 Tucson housing report.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, oro Valley and Marana home sales.  Contact Lisa for all your Tucson area real estate needs.

Share
Posted in tucson homes for sale, tucson real estate | Tagged , , , | Leave a comment