Tucson, Arizona Real Estate Market Report for February 2013

Tucson, Arizona Real Estate Market Report for February 2013

March Forecast-
2680 residential properties went under agreement in February 2013 which means March sales should improve over March 2012.

New Listings rose 49.11% last month from 1071 in February 2012 to 1597 last month.

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February 2013 Sales Activity:
951 homes sold last month compared to 1019 in February 2012.

The average list price for homes that sold was $193,462 last month compared to $171,723 a year ago.

The average selling price was $186,482 and $164,513 one year ago.

Home sold for about 96% of asking price both last month and in February 2012.

Days on market reduced from 77 days in February 2012 to 58 days last month.

Year to date total dollar volume has risen considerably from $311,348,090 for YTD February 2012 to $338,567,161 YTD February 2013.

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Thinking of buying or selling a home in Tucson, Arizona?  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 for visiting.

Tucson Arizona Real Estate Market Report February 2013: Zip code 85715

Tucson, Arizona Real Estate Market Report
February 2013 for zip code 85715

March 2013 Forecast- 58 homes, condo's and townhomes are under agreement in the northeast Tucson area. The average list price of these properties is $177,393. And the average days on market before coming to agreement is 68 days.

See homes available in 85715 and Tucson area.

22 properties sold last month in this northeast area of Tucson. This was an increase of 1 over February 2012.

The average list price for homes that closed in 85715 was $269,128. This amount was up compared to $249,000 compared to last February.                                    

Houses that closed in this area for February 2013 sold for 97.5% of asking price
Houses that closed in this area for February 2012 sold for 94% of asking price.

The average Sales price for homes that closed in 85715 was $262,355 last month.
The average Sales price for homes that closed in 85715 was $233,436 for February 2012.
The average Market time for homes that closed here was 81 days for 2013.
The average Market time for homes that closed here was 74 days for February 2012.


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__________________________________________________________________________________

Thinking of buying or selling a home in the 85715 zip code 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. You can reach me through email at Kevin@LiveHereTucson.com , 520.260.3123, or visit my website at LiveHereAz.com. Thanks again for visiting. 

Rita Ranch in Tucson, Arizona Market Report for February 2013

Rita Ranch in Tucson, Arizona Market Report for February 2013

March 2013 Forecast-
57  homes went under contract in Rita Ranch (85747)  last month. The average list price for homes that went under contract was $147,701.   The average time on market for these homes was 50 days.


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February 2013 Sales Activity:

21 homes sold last month in this community in Southeast Tucson which was three more sales than last February.

The average list price for homes that closed in this area for February 2013 was $145,931.
The average list price for houses that sold in February 2012 was $122,019.
                                   
Houses that closed in this area last month sold for 97.7% of asking price.
Houses that closed in this area for February 2012 sold for 97.8% of asking price.

Average time on Market last month was just 37 compared to 26 a year ago February.

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.

Vail and Corona, Arizona Real Estate Market Report: February 2013

Vail and Corona, Arizona Real Estate Market Report: February 2013
March 2013 Forecast-
108 homes went under contract in Vail and Corona (85641)  during February. The average list price for homes that went under contract was $216,066.  The average time on market for these homes was 76 days. 


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February Sales Activity:

39 homes sold last month in this  town southeast of Tucson which was 4 less than February 2012.

The average list price for homes that closed in this area for February 2013 was 213,673.
The average list price for houses that sold February 2012 was $199,246.                                    

Houses that closed in this area for last month sold for 98.8% of asking price.
Houses that closed in this area for February 2012 sold for 98.2% of asking price

The average Sales price for homes that closed in Vail and Corona was $211,044 last month.
The average Sales price for homes that closed last year in this same area was $195,596 during February of 2012.

The average Market time for homes that closed here was 63 days last month.
The average Market time for homes that closed here was 80 days in February 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 my website at LiveHereAz.com . Thanks again for visiting.

Civano, Mesquite Ranch, and Sierra Morado Report for February 2013

March 2013 Forecast-23 homes went under contract in these three neighboring communities last month. The average list price for homes that went under contract was $177,121.  The average time on market for these homes was 46 days.

8 homes sold last month in this southeast side area of Tucson which was 1 more home than last February.

The average list price for homes that closed last month in these communities was $226,161.
The average list price for houses that closed in February 2012 was $176,420.                                   

Houses that closed in this area last month sold for 97.2% of asking price.
Houses that closed in this area last year February sold for 98.6% of asking price

The average Sales price for homes that closed was $219,786 last month.
The average Sales price for homes that closed last year February was $173,933.

The average Market time for homes that closed here was 44 days last month.
The average Market time for homes that closed here was 72 days in February of 2012.

Be a Market Insider

___________________________________________________________________________________

Thinking of buying or selling a home in Civano, Mesquite Ranch, Sierra Morado 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.