Category Archives: Oro Valley Real Estate news

Tucson real estate : Pinnacle Ridge short sale bring down prices

Pinnacle Ridge is a luxury gated community located in the Tucson Catalina Foothills (Swan & Sunrise). The homes in this subdivision were mostly built after 2000 Continue reading

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Tucson real estate : Months of inventory by price range (Foothills & Oro Valley)

Both buyers & sellers often enquire about the amount of supply/demand in a particular price range and area. Months of inventory provides good insight into this question. Months of Inventory (MOI), is the amount of current inventory (homes currently for sale) divided by average monthly sales. This is a good indicator of market health since it measures the amount of time it will take to eliminate existing inventory at the current rate of sales. In general, a market is considered “balanced” when MOI is around 6 months.

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Tucson real estate : Go Pima Canyon go!

What that was fast! After a $1 million price reduction, 2304 E Sentry Ridge (located in Pima Canyon) has gone under contract in just 6 days. Amazing, since only 2 homes over $2 million have sold, in the Tucson area, so far in 2011. Continue reading

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Tucson real estate : Green gets nod from appraisers

The nation’s largest professional association of real estate appraisers announced support for recently introduced federal legislation that would ensure energy costs are included in appraisals Continue reading

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Tucson real estate : Slim pickings for buyers right now…

The housing market, which had suffered from an over-supply of homes for sale has a new problem: a lack of attractive inventory. Compared to last year, inventory in the Foothills is down 21%, inventory in Oro Valley is down 15% & luxury housing inventory is down 31%. Continue reading

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Tucson real estate : September 2011 land report

Tucson real estate : September 2011 land report Continue reading

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Tucson real estate : Months of inventory by zip code (September 2011)

Months of Inventory (MOI), is the amount of current inventory (homes currently for sale) divided by average monthly sales. This is a good indicator of market health since it measures the amount of time it will take to elimate current inventory. In general, a market is considered “balanced” when MOI is 6 months.

Below find the months of inventory of various zip codes in the Tucson area for August 2011:

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Oro Valley real estate : September 2011 Oro Valley housing report

September 2011 Oro Valley housing report. Compares Oro Valley September 2011 housing results to September 2010 housing results. This is the most comprehensive Oro Valley housing report I am aware of. Continue reading

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Tucson real estate : Well priced homes actually do sell in a reasonable time frame…

Note to sellers: better to price your home correctly from the start. Buyers are looking for deals in the market, and the sale of your home will likely be subject to an appraisal Continue reading

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Tucson Real Estate : Luxury Housing Report September 2011

September 2011 Tucson luxury housing report. Luxury housing is all homes with an ask/sell price abouve $800,000 Continue reading

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Posted in catalina foothills real estate listings, catalina foothills real estate news, Marana real estate listings, marana real estate news, oro valley real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , | Leave a comment