Tucson real estate : Below find the 2011 results for all single family home sales in the Foothills and Oro Valley. I have compared the 2011 housing results to 2010, to show changes in the housing market on a yearly basis.
Foothills
2010 2011
Avg. Price $501k $477k
# Sales 586 627
Days on Mkt. 130 97
Compared to 2010, in 2011 the average purchase price of single family homes in the Foothills declined 5% while the amount of sales rose 6%. Additionally, in 2011 homes sold 25% faster. While the purchase price of homes in the Foothills declined in 2011, more home sold and at a faster rate.
Oro Valley
2010 2011
Avg. Price $330 $287
# Sales 528 533
Days on Mkt. 137 98
Compared to 2010, in 2011 the average purchase price of single family homes in Oro Valley declined 13% while the amount of sales rose 1%. Additionally, in 2011 homes sold 28% faster. While the purchase price of homes in Oro Valley declined in 2011, more home sold and at a faster rate.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales. Contact Lisa for all your Tucson real estate needs
