Special offer

Tucson Rental And Real Estate Market Sales - November 2011

By
Real Estate Broker/Owner with KGC Properties LLC, Tucson Property Management & Real Estate

Number of Tucson Homes For Rent in November - Active- 223

 

Number of Tucson Homes rented in November - 58

 

Average Days on Market - 25

 

Average Rent Price:  $1940.00

 

 

Below are some highlights from the November Tucson Real Estate Statistics from the Tucson Association of Realtors

  • Total Sales Volume increased 7.87% from October to November and increased 11.22% over November 2010.
  • Average Sales Price increased from $151,812 in October to $158,434 in November, a 4.36% increase.
  • Average List Price increased .85% from October to November.
  • Total Unit Sales rose 3.36% from October to November, and is up 26.88% over November 2010.
  • The Median Sales Price is up 1.67% compared to last month.
  • New Listings decreased from 1,280 in October to 1,099 in November.
  • The SP/LP% is 99.53% for November.
Posted by

Buying or selling Tucson real estate, Mt Lemmon, Tucson bank-owned homes, Tucson rental homes, or Tucson lease option homes? Visit www.KGCPropertiesLLC.com .

                                                 

 

This blog is written with my opinions and my opinions are  presented with accuracy but not guarantees. Please talk to a professional before making any real estate, financial or agency decisions.    Gabrielle Kamahele Rhind - 2014. If you want to reprint parts of this - just email me for my permission: KGCProperties@gmail.com .

 

Comments (3)

Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Gaby, 

Love that your data encompassed rental and sales!  Glad sales are increasing in price point.

All the best, Michelle

Dec 11, 2011 11:52 AM
Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

Gabrielle - Looks like your market is doing well. We are still working out inventory here. Hopefully the spring market will start us on our way back. have a great day!

Dec 12, 2011 12:25 AM
Michael Rohde
Sunstreet Mortgage LLC. Licensed Mortgage Professional - Tucson, AZ

Good Morning Gabrielle- Thank you for this update. This is a very positive sign and just goes to show that the local numbers are looking better even if not as quickly as we like. At least it's a step in the right direction. I think 2012 will continue baby steps in a positive direction.

Dec 13, 2011 04:13 AM