Wednesday, November 20, 2013

Tucson, AZ Homes and Real Estate~Just listed 9188 E Ironbark








Tucson, AZ Homes and Real Estate~Just listed 9188 E Ironbark

Just listed 9188 E Ironbark street, Tucson, Arizona, 85747. Listed by Kevin Wood, Keller Williams. Priced at $144,900






Freshly painted inside and out home in the award winning Vail School district and Silver Pass Subdivision. Close to shopping, Davis Monthan, I-10, and much more. This home has an open floorplan with 3 bedrooms, 2 bathrooms, and about 1500 square feet of living space.
































Tucson Home buyer and Home Seller Market Report for October/November 2013

Dozens of statistics are advertised monthly to explain the condition of the Real estate market. I believe less is more. Therefore, in less than a few minutes if you're a buyer or seller you'll be equipped with the only four numbers you need to know to make an intelligent decision.

1. List price vs. sales price ratio
2. Total inventory of homes for sale
3. Days on market of sold homes
4. Total number of homes under contract or pending sales.

October 2013:

  • Average list price was $199,540 compared to an average selling price of $192,433. Or 96.4% of asking price.

  • Inventory of homes for sale is 5,173 which is up 23% compared to a year ago (4,195).

  • Average days on market for Sold homes was 50 days in October.

  • Total homes under contract is 1,771.

Buyers: Know going into a negotiation that if you've found a properly priced home you can expect to save on average 4% off the asking price. Begin with the end in mind. So offer 5-7% below asking from the start unless there is more than one offer. Which in that case start strong with highest and best and that could mean  offering at or over asking price.

Sellers: Sold homes and under contract or pending homes are telling you a story. Their listing price before agreement was probably within 5-7% of market value for your subdivision. Buyers rarely look at homes they believe are more than 10% over priced. Hire an agent who will tell you the truth even when it's uncomfortable.

Lastly, the statistics above represent averages for the entire city. You need to go small whether buying or selling. What I mean is the four numbers must come from your subdivision, township/section/range or similar properties near the one your buying or selling. Tucson is a sprawling town with many sub- markets. Pricing can vary from one street to the next.

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Thinking of buying or selling a home in the Tucson Area? I welcome the opportunity to serve you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. If you'd like to reach me please email, call, or find me online at  Kevin@LiveHereTucson.com , 520.260.3123, or LiveHereAz.com. Thank you.


 

Thursday, May 16, 2013

Rita Ranch in Tucson, Arizona Market Report for April 2013

Rita Ranch in Tucson, Arizona Market Report for April 2013

May 2013 Forecast-
68  homes went under contract in Rita Ranch (85747)  last month. The average list price for homes that went under contract is  $162,159.   The average time on market for these homes was 68 days.


See Rita Ranch and Tucson area homes for sale

April 2013 Sales Activity:

18 homes sold last month in Rita Ranch and that is 3 less than a year ago April.

The average list price for homes that closed in this area for March 2013 was $165,310.
The average list price for houses that sold in April 2012 was $135,733.
                               
Houses that closed in this area last month sold for 98% of asking price which the same list price to selling price percentage as last year.



Average days on market before an agreement was reached is 60 days compared to 32 last April.

Photo Courtesy of Zipcodemap.net

Market Intelligence







____________________________________________________________________________

Thinking of buying or selling a home in Rita Ranch or the Greater Tucson Area? I welcome the opportunity to serve you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. You can reach me through email at Kevin@LiveHereTucson.com , 520.260.3123, or visit my website at LiveHereAz.com . Thank you again for visiting.

Wednesday, May 8, 2013

Real Estate Market Report for April 2013, East Tucson, 85748

Real Estate Market Report for April 2013, East Tucson, 85748


May 2013 Forecast-54 homes went under contract in this area last month. The average list price for homes that went under contract was $190,204.  The average time on market for these homes was 50 days.

28 homes sold last month in this East Tucson zip code which was 1 less than April 2012.



Search Tucson Homes for sale

The average list price for homes that closed last month in this East Tucson area was $207,638.
The average list price for houses that closed in April 2012 was $192,414.                           

Houses that closed in this area last month sold for 96.4% of asking price.
Houses that closed in this area last year April sold for 96.5% of asking price


 The average Sales price for homes that closed was $200,118 last month.
The average Sales price for homes that closed last year April was $185,581.

The average Market time for homes that closed here was 85 days last month.
The average Market time for homes that closed here was 104 days in April of 2012.

See more sales stats and comparisons

___________________________________________________________________________________

Thinking of buying or selling a home in East Tucson or the Tucson Area? I welcome the opportunity to serve you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. If you'd like to reach me please email, call, or find me online at  Kevin@LiveHereTucson.com , 520.260.3123, or LiveHereAz.com. Thank you.

Thursday, April 18, 2013

March 2013 Residential Real Estate Market Report-Sales and Rentals

March 2013 Residential Real Estate Market Report-Sales and Rentals

Sales Results:

1329 residential homes, condo's and townhomes sold last month which was down from 1387 last March.

The average listing price of properties that sold was $198,009 last month.

The average listing price of properties that sold was $171,723 in March 2012.

All types of properties sold for 97% of asking price this past month compared to selling for 98% of asking price last year. Good to see homes that are priced right sell fastest.

The average selling price citywide last month was $191,881 while it was $168,153 last month.

Active listings rose slightly to 4210 last month compared to 4168 a year ago. Yet another sign the quantity of housing inventory is consistent.

Days on market was 58 on average last month compared to 73 last March. And 2712 new listings entered the market last month and 2777 did last year for the same month.

The highlight of the current market is stability. We haven't experienced big swings in inventory for nearly 18 months. This is a sign the banks are slowly running out of foreclosures that feed into our market and others across the country.

Search Tucson area homes, condos, and townhouses for sale















March Rental Activity:

Total Active listings for February were 886.

 The number of properties rented this month was 377.

The Average monthly rent for Apartments was $550.

 The Average monthly rent for Condominiums was $935.

 The Average monthly rent for Mobile Homes was $607.

 The Average monthly rent for Manufactured Single Family Residence’s was $796.

The Average monthly rent for Patio Homes was $1,110.

 The Average monthly rent for Plex’s was $635.

 The Average monthly rent for Single Family Residence’s was $1,188.

 The Average monthly rent for Townhomes was $894.

 Average Days on Market was 50.

All sales and rental statistics courtesy of the Tucson Multiple Listing service.

____________________________________________________________________________________

Thinking of buying, selling, or renting a home in the Tucson Area? I welcome the opportunity to serve and be resource to you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. You can reach me through email at Kevin@LiveHereTucson.com , 520.260.3123, or visit LiveHereAz.com . Thanks again for visiting. 

Tuesday, April 16, 2013

Vail and Corona de Tucson, Arizona Real Estate Market Report: March 2013


Vail and Corona de Tucson, Arizona Real Estate Market Report: March 2013
April 2013 Forecast-
For the second month in a row 108 homes went under contract in Vail and Corona (85641). The average list price for homes that went under contract was $219,647.  The average time on market for these homes was 68 days. 


See Vail and Corona Homes for sale

March Sales Activity:

47 homes sold last month in this  town southeast of Tucson which was 23 less than March 2012.

The average list price for homes that closed in this area for March 2013 was 233,387.
The average list price for houses that sold in March 2012 was $183,541.                                  

Houses that closed in this area for last month sold for 99.1% of asking price.
Houses that closed in this area for March 2012 sold for 97.2% of asking price

The average Sales price for homes that closed in Vail and Corona was $231,190 last month.
The average Sales price for homes that closed last year in this same area was $178,466 during March of 2012.

The average Market time for homes that closed here was 94 days last month.
The average Market time for homes that closed here was 112 days in March 2012.

Be a Market Insider

___________________________________________________________________________________

Thinking of buying or selling a home in the Vail, Corona de Tucson, or the Greater Tucson Area?  I welcome the opportunity to serve you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. You can reach me through email at Kevin@LiveHereTucson.com , 520.260.3123, or visit LiveHereAz.com . Thanks again for visiting.

Monday, April 15, 2013

Rita Ranch: Tucson, Arizona Market Report for March 2013

Rita Ranch in Tucson, Arizona Market Report for March 2013 April 2013 Forecast-
76  homes went under contract in Rita Ranch (85747)  last month. The average list price for homes that went under contract was $156,740.   The average time on market for these homes was 47 days.


See Rita Ranch and Tucson area homes for sale

March 2013 Sales Activity:

18 homes sold last month in this community in Southeast Tucson which was six less than last March.

The average list price for homes that closed in this area for March 2013 was $160,028.
The average list price for houses that sold in March 2012 was $136,004.
                                
Houses that closed in this area last month sold for 98.9% of asking price.
Houses that closed in this area for March 2012 sold for 97.8% of asking price.

Average time on Market last month was just 45 days compared to 60 a year ago March.

Photo Courtesy of Zipcodemap.net

Be a Market Insider

___________________________________________________________________________________

Thinking of buying or selling a home in Rita Ranch or the Greater Tucson Area? I welcome the opportunity to serve you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. You can reach me through email at Kevin@LiveHereTucson.com , 520.260.3123, or visit my website at LiveHereAz.com . Thank you again for visiting.