Oro Valley Real Estate : 2013 1st Quarter Market Update

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.
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One Response to Oro Valley Real Estate : 2013 1st Quarter Market Update

  1. One of the reasons prices are rising and the days on the market are shorter may be that there are fewer listings available. So when someone sees a home they love, they have to act quickly to make a strong offer. I am seeing people make offers on several homes before they actually get an accepted offer.

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