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Tag Archives: oro valley housing report
Tucson Real Estate : As of August 2011 active inventory was 334, a 16% decrease from August 2010. There were 52 closings in August 2011, 2% above August 2010. Months of Inventory was 6.4, down from 7.8 in August 2010. Median price of sold homes was $215,500 for the month of August 2011, down 21% from August 2010. Oro Valley had 50 new properties under contract in August 2011, up 14% from August 2010.
Pima County supervisors raised property taxes for the second year in a row. The combined (primary and secondary) tax rate was set at $4.84 per $100 of assessed valuation. In 2010, the tax rate was $4.67.
Below find a link to the Oro Valley July 2011 Housing Report, from Long Realty. Continue reading
Nationally, sales of existing homes were projected to rise in June 2011, largely because the number of homes that went under contract in May 2011 rose. Since it typically take 1-2 months for a home sale to close, the number of signed contracts in a month is used to project the number of closed sales in the next Continue reading
This well priced luxury home in Ventana Canyon sold in 29days!
It was listed for $1,195,000 and sold for $1,119,000. Well priced luxury homes can sell in a reasonable amount of time and close to the original list price.
Inman News has ranked Tucson 4th in the nation for real-estate investors!!! Now more than ever there is value in the real-estate market.
Below find a link to the April Housing Report, from Long Realty, for Oro Valley.
This report provides up to date information, pricing, inventory, sales among others. This is one of the most comprehensive reports, on the Foothills housing market, that I am aware of.