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Market Statistics: Buying and Selling Homes in San Lucas, Marana

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Real Estate Broker/Owner with Golden Girls with SW Desert Homes BR564219000

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

Last April, I shared a post about the current conditions in San Lucas Community, a nice little "neighborhood" along Interstate 10 on your way north from downtown Tucson.  Most of the homes were built in 2007 or later, so it's a great "newer" community to investigate.

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

San Lucas sits nestled beneath a backdrop of the Tortolita Mountains and is surrounded by natural desert vistas.  Nearby is the growing business area of the Marana Town Hall and Municipal buildings, as well as the Marana Health Center, parks, library, and a few shopping and restaurant offerings.  Commercial pads are available and the area is optimistic that this growing district will soon hold a lovely assortment of retail ventures.

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

New construction is rampant in the area, with several builders busy within San Lucas, as well as nearby in Gladden Farms and Rancho Marana.  Remember if you are interested in building "new" to bring your agent representation along on your first visit!  Site managers, although very knowledgeable of their product, work for the seller!  Bring someone that works for you.

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

Today I thought I'd compare the current market condition in San Lucas Community for September, with the previous buying and selling activity of April 2011.  What IS your buying and selling power within San Lucas, Marana?

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

Homes in San Lucas range from 3 to 5 bedrooms, at a cozy 1302 sq. feet on up to 2811.

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

In April, the average LIST price of ACTIVE homes for sale in San Lucas was $82.40.  September's average is currently at $75.62.  The median price has dropped from $150K to $143,148.  Actual sold averages hover at approximately $71 a sq. foot.

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

There are 12 homes for sale in San Lucas at print time, with 6 of them new construction.  The other 6 are all distressed sales: short sale or bank owned, which tends to bring down the overall market value.  One of the homes on the market is actually listed at $100,000 for a home over 1500 sq. feet!

Market Statistics:  Buying and Selling Homes in San Lucas, Marana

If you'd like more information on this or any other Marana community and homes for sale in Marana, please contact me today.  As a Marana neighbor, I'm happy to show you around my town!

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If I can assist you in your home buying or selling in Marana, Tucson, Oro Valley, or Vail, please don't hesitate to call me!  Email at Cara@SWDeserthomes.com

Cara Marcelle Mancuso, Golden Girls with SW Desert Homes

520-909-2988   

Regarding the material posted in my blog postings, All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

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Tish Lloyd
BlueCoast Realty Corporation - Wilmington, NC
Broker - Wilmington NC and Surrounding Beaches

Sounds like you're the agent to have on your side when you're ready to buy a home in Marana!

Sep 18, 2011 08:28 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Those look like some good values. I know there will always be a market for new construction builds, but with the inventory I've heard about in AZ, some builders and their lenders must be really optimistic about the future.

Sep 18, 2011 03:04 PM
Cara Marcelle Mancuso
Golden Girls with SW Desert Homes - Tucson, AZ
Call a Marana neighbor, I'm THERE!

Thanks Tish.  I figure if I live in Marana...I should KNOW Marana....at least the residential housing communities!!  Thanks for stopping by!

Value is KING in Marana, Wayne.  When everything eventually cycles around, buyers will find they have a great product for their investment.  Even new construction costs are a heck of a deal PLUS  so many incentives available!

Sep 19, 2011 04:34 AM