Tag Archives: tucson real estate

Tucson Catalina Foothills foreclosure update

Posted on September 25, 2011 by Lisa Bayless

In the Tucson Catalina Foothills there are currently 20 foreclosures for sale. The low is $80k and the high is $477k. Interesting there are no luxury foreclosures currently for sale in the Foothills now!!! Let’s check back next month and see if this changes… Continue reading →

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

Posted on September 25, 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 Continue reading →

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Tucson Land Report: August 2011

Posted on September 22, 2011 by Lisa Bayless

As of August 2011 active lots and land was 1,772, a 3% decrease from August 2010. There were 13 closings in August 2011, 50% below August 2010. Continue reading →

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Tucson (City Limits) Housing Report: August 2011

Posted on September 20, 2011 by Lisa Bayless

As of August 2011 active inventory was 5,346, a 25% decrease from August 2010. There were 1,106 closings in August 2011, 28% above August 2010. Months of Inventory was 4.8, down from 8.3 in August 2010. Median price of sold homes was $122,200 for the month of August 2011, down 20% from August 2010. The Tucson Market had 1,507 new properties under contract in August 2011, up 46% from August 2010 Continue reading →

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NE Tucson Housing Report : August 2011

Posted on September 20, 2011 by Lisa Bayless

Tucson real estate : As of August 2011 active inventory was 344, a 19% decrease from August 2010. There were 53 closings in August 2011, 43% above August 2010. Months of Inventory was 6.5, down from 11.5 in August 2010. Median price of sold homes was $219,900 for the month of August 2011, down 22% from August 2010. The Northeast and Extended Northeast area had 52 new properties under contract in August 2011, down 9% from August 2010.

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Tucson Luxury Housing Report: August 2011

Posted on September 20, 2011 by Lisa Bayless

Tucson real estate: As of August 2011 active luxury inventory was 226, a 30% decrease from August 2010. There were 5 luxury closings in August 2011, 44% below August 2010. Luxury months of Inventory was 45.2, up from 36.0 in August 2010. Median price of luxury sold homes was $975,000 for the month of August 2011, down 3% from August 2010. The Luxury market had 8 new luxury properties under contract in August 2011, down 43% from August 2010

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Tucson real estate : Oro Valley August 2011 housing report

Posted on September 18, 2011 by Lisa Bayless

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.

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Tucson real estate : 10 ways to prepare for homeownership

Posted on September 14, 2011 by Lisa Bayless

10 ways to prepare for homeownership Continue reading →

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Tucson Real Estate : The Canyons, a Catalina Foothills luxury subdivision in need of sales

Posted on September 13, 2011 by Lisa Bayless

Tucson real estate : The Canyons is a super luxury subdivision located in the Catalina Foothills (very top of Swan Rd). While it boasts some of the most luxurious homes in all of Tucson, is has had few sales over the past year and repeated price reductions. Many homes in the Canyons have sat on the market for years and are now close to 50% off their original list price.

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Tucson real estate : Pima county foreclosure notices rose in August 2011

Posted on September 9, 2011 by Lisa Bayless

After a four month consistent decline, foreclosure notices in Pima County increased 38% relative to the previous month.

In August 2011 there were 917 foreclosure notices filed in Pima County, compared to 666 in July 2011. The good new is August 2011’s filings were down 14% compared to August 2010.

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