2017 Mid-Year Housing Report for Tucson and Southern Arizona

2017 Mid-Year Housing Report for Tucson and Southern Arizona

Powered by the Long Realty Market Research Team and provided by Charles  Weasner and Steve Redmond

Associate Brokers with Long Realty Foothills.


6 Months of Tucson Home Prices

Contained here is a look at how the Tucson Housing Market has performed in the first 6 months of 2017.  The Long Realty Market Research Team painstakingly pulled together statistics from all avenues of Real Estate and produced a Mid-Year Housing Report that highlights Market Trends in the Tucson Housing Market.

What are homes selling for in Tucson, Arizona?

Never been a better time to see what homes are selling for in Tucson  If you are interested in how much current inventory is on the market in Tucson  you can find that information by clicking on the link.  In the past 6 months we’ve sold just under 5% more homes than in the first 6 months of 2016.  Inventory is shrinking which makes this a seller’s market in homes priced under $500,000.  Buyer’s in this market need to be well prepared in order to take advantage of a ‘Good Buy’ when they see one.  This is a good time to arm yourself with a seasoned professional who knows the market and a good value.

 

 

Tucson Foothills Real Estate Report Summary

Months of Inventory is 3.3% down from 4.9% in May 2016.

The median sale price in August for single family homes is $330,000. Up 4% from May 2016.

The number of homes closed through May 31st was 146, up 8% from May 2016.

The level of new properties under contract (150) is virtually unchanged from May 2016.

Year to date there have been 664 closings a 14% increase from the same year to date period in 2016.

 

Click on Image above to get your copy of The Housing Report for all areas in Arizona.


Find Homes for Sale in Tucson

Visit our website to search for homes in the Tucson Foothills or to be notified when Tucson Foothills Homes come on the market.

To get three estimates of what you home is worth in the current market CLICK HERE or for a more accurate assessment call 520-906-8103.

 

 

 

Steve Redmond

I'm so fortunate to be doing something that challenges and invigorates me. I have been a Tucson REALTOR® since 2003. I have over 30 years dealing with the public through Tucson Real Estate, Retail and Personal Service. I served as the 2014 President of the Tucson Association of REALTORS. I am currently serving as a Director (by Special Appointment) on the National Association of REALTORS® Board of Directors. Locally serving as a Director on the Tucson REALTOR® Charitable Foundation. For the Arizona Association of REALTORS® I'm serving on the Business Services and Technology Committee, The Legislative Committee and the newly formed Diversity/Inclusion Forum. Locally I'm beginning my 11th year serving on the Tucson Weekly Home Tour Committee. At Long Realty I have served on our Branch Advisory Council and have served on the Technology & Recognition committees of past. As you can see I like to get involved. By being involved I give back to my Real Estate Community and hopefully contribute something of value heading forward. In 2011,2012&2014 I brought Real Estate Barcamp Tucson to Town with a whole lot of help from my friends. RE Barcamp Tucson is a cutting edge educational event geared towards the Real Estate Community and associated support businesses