Tucson real estate : October 2011 Catalina Foothills housing report

Tucson real estate : As of October 2011 active inventory was 533, a 25% decrease from  October 2010.  There were 53 closings in October 2011, 2% above October 2010. Months of Inventory was 10.1, down from 13.7 in October 2010. Median price of sold homes was $295,000 for the month of October 2011, up 5% from October 2010. The North area had 84 new properties under contract in October 2011, up 71% from October 2010. 

Here is the entire October 2011 Catalina Foothills housing report.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana hme sales.  ContactLisa for all your Tucson real estate needs.

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11/10/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

11/10/11 Tucson real estate: Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley  & Marana. For those who follow the local realestate market, watching closed sales is important since it gives you an idea what is selling and for how much!

New listings

Price reductions

Closed sales

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Contact Lisa for all you Tucson real estate needs.

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Tucson real estate : Foreclosure update (Catalina Foothills, Oro Valley & Marana)

Tucson real estate: Currently there are single fmaily 17 foreclosure properties for sale in the Catalina Foothills.  Here is a link to all of them. They range in price from 18,900 – 549,000. Interesting there are not any luxury foreclosure properties for sale in the Foothills right now. 

Currently, there are 32 single family foreclosure properties for sale in Oro Valley and Marana. Here is a link to all of them.  They range in price from $84,000 – $2,100,000.

Want to view any of these homes?  Give me a call 520.668.8293 to arrange a tour.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana homes sales.  Call Lisa for all your Tucson real estate needs.

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11/09/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

11/09/11 Tucson real estate: Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley  & Marana. For those who follow the local realestate market, watching closed sales is important since it gives you an idea what is selling and for how much!

New listings

Price reductions

Closed sales

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Contact Lisa for all you Tucson real estate needs.

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Tucson real estate : Oro Valley homes sells for 55% of original 2009 list price

Tucson real estate : 12300 Cloud Ridge closed today for $430,000 ($139/sqft).  That’s 55% of its original 2009 list price. The home was first listed in 2009 for $769,000.  Cloud Ridge is located in the Coyote Ridge subdivision of Oro Valley (near Tangernine & 1st; on the north side of Tangerine). This sale is a reminder of the importance of pricing a home for sale correctly when it is first placed on the market. From Oct 2010 to Oct 2011, overall prices in Oro Valley fell 7%.

Coyote Ridge appears to be a hot nieghborhood right now.  Here is a comparable market analysis of the nieghborhood going back 6 months. You will see over the past 6 months 6 homes have sold with a medium price of $575,000 ($152/sqft). Right now there is only one home in the neighborhood currently for sale.  Wow… looks like demand exceeds supply!

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marna home sales.  Contact Lisa for all your Tucson real estate needs.

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Tucson real estate : Pricing Strategy

 

Tucson Real Estate: Pricing your property properly when first listed can help you get a higher percentage of your list price and sell it in half the time. The majority of showings occur when a house is first placed on the market. If you price too high when you put it on the market, you run the risk of incurring higher holding costs and ultimately getting less for your property.

                                      Selling price/listing price                   Days on Mkt

No Price Change         95.5%                                                    99

1+ Price Change          94.9%                                                    169

Bottom line; if your home is priced correctly it will sell faster and for more money!!!

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales. Contact Lisa for all your Tucson real estate needs.

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11/08/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

11/08/11 Tucson real estate: Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley  & Marana. For those who follow the local realestate market, watching closed sales is important since it gives you an idea what is selling and for how much!

New listings

Price reductions

Closed sales

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Contact Lisa for all you Tucson real estate needs.

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Tucson real estate : Good deal in Shadow Hills

Tucson real estate : Shadow Hills is on fire!  It’s a neighborhood (located near 1st & Orange Grove) were demands actually appears to exceed supply!  1202 Paseo Zorro was just reduced to $622,450 ($154/sqft). The home has been remodled and is now aggresively priced!

Want to see it?  Give me a call (520.668.8293)

Here is a comparable market analysis of Shadow Hills going back 6 months. You will see over the past 6 months 11 homes in Shadow Hills have sold for a medium asking price of $449,000 ($148/sqft).  Keep in mind, many of these sold home have not been remodled.  Currently there are 5 homes for sale in Shadow Hills. Here is a link to all 5 homes currently for sale.

Tucson Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales.  Contact Lisa for all your Tucson real estate needs.

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11/07/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

11/07/11 Tucson real estate: Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley  & Marana. For those who follow the local realestate market, watching closed sales is important since it gives you an idea what is selling and for how much!

New listings

Price reductions

Closed sales

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Contact Lisa for all you Tucson real estate needs.

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Tucson Real Estate : Staging Tips

Tucson real estate : When showing your property, you only get one chance to make a good impression. Here are some suggestions to increase the desirability of your property to potential buyers, and help you sell at the best price, in the least amount of time.
 
 Curb Appeal is Essential – A buyer’s first impression is formed by viewing the outside of yourproperty. Trim plants and trees, weed your front back and side yards, use leaf blowers to remove leaves, pods, plant debris. Inspect the exterior of your property, including shutters and windows. Steel or aluminum siding should be clean. If the house needs painting, buyers will notice, and may consider it a major objection to purchasing your property. 

 
Pay close attention to the front door – it should sparkle. Polish the doorknob, clean the glass and replace worn screens.
 
Neatness Counts – A sparkling clean home greatly enhances its appeal to buyers. Scrub each room from top to bottom covering every nook and cranny. The entryway, kitchen and bathrooms are key areas, and should be given special attention. Shampoo the carpeting if it hasn’t been done recently. If your carpet is old or matted it will be a detriment to selling the property. Consider replacing it or removing it if there is hardwood underneath.
 
Eliminate Clutter – Closets, cupboards and other storage areas should be neat and uncluttered. Box everything you do not use regularly and donate it, sell it, throw it away or store it. Look at each room in the house with “less is best” as your objective. Remove unneeded furniture to make each roomappear more spacious. Kitchen counter-tops should be clear of everything except what you use daily.
 
If it’s Broken, Fix it – Repairs such as loose door knob, broken dishwasher, dripping faucet and squeaky or sticking doors all detract from a property’s value. An afternoon spent making needed repairs now can eliminate buyers’ objections later. Hire a professional, if needed.
 
Small Additions Make a Big Impression – With minimal expense, you can improve the appearance of any room. Consider replacing worn area rugs and throw pillows. New towels can freshen a tiredkitchen or bath. Flowers add warmth and charm to any location. Identify the things you can do to make areas more pleasing to a buyer.
 
It’s a Team Effort – Enlist the help of all household members to get the house ready – and keep it ready – for prospective buyers. A few minutes spent tidying up each morning can make the difference for a showing in the afternoon!
 
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales. Contact Lisa for all your Tucson real estate needs.  

 

 

 

 

 
 

 

 

 

  

 

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