Tag Archives: tucson home sales

10/28/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

Posted on October 29, 2011 by Lisa Bayless

10/28/11 Tucson real estate: Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley & Marana Continue reading →

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Tucson real estate : Inventory of luxury homes for sale in Tucson area

Posted on October 26, 2011 by Lisa Bayless

Currently, in the Tucson area there are a number of luxury homes for sale. Homes with an asking price above $800,000 are considered luxury. Continue reading →

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Tucson real estate : Lots of golf villas available in Ventana Canyon

Posted on October 25, 2011 by Lisa Bayless

Like to golf? Now is your chance to get a great deal on a golf villa in Ventana Canyon. Right now there are 16 golf villas for sale in Ventana Canyon and only 2 have sold in the past 6 months. That’s 4.5 years of inventory. Continue reading →

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

Posted on October 25, 2011 by Lisa Bayless

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 : Green gets nod from appraisers

Posted on October 24, 2011 by Lisa Bayless

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…

Posted on October 20, 2011 by Lisa Bayless

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 : Pima Canyon home sells for $229,000 above the asking price!!!

Posted on October 19, 2011 by Lisa Bayless

Tucson real estate : 1682 Sahuaro Blossom Place , a foreclosure property located in the luxury gated community of Pima Canyon, has closed for $229,000 above the asking price! The home’s latest asking price was $1,075,000 and it sold for $1,304,000. And some people say pricing isn’t flexible in the luxury housing market….. Continue reading →

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Tucson Real Estate : September 2011, City of Tucson Housing Report

Posted on October 18, 2011 by Lisa Bayless

As of September 2011 active inventory was 5,227, a 28% decrease from September 2010. There were 1,079 closings in September 2011, 23% above September 2010. Continue reading →

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

Posted on October 17, 2011 by Lisa Bayless

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

Posted on October 17, 2011 by Lisa Bayless

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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