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.
This information may be useful for current residents plus potential new residents that are interested in moving to Arizona.
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