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.)
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.
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.
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.