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Tucson Arizona Real Estate Market Report: December 2011

By
Real Estate Agent with Keller Williams Southern Arizona

Tucson Arizona Real Estate Market Report, December 2011

 

Tucson Arizona Real Estate Market Report: December 2011 

Recent Sales Activity: 

961 homes sold in December 2011 in Tucson which was an increase of 54 compared to December 2010. 

The average list price for homes that sold in Tucson was $171,015 for December 2011.

The average list price for houses that sold in December 2010 was $186,399.                                      

Houses that closed in Tucson during December 2011 sold for 94.42% of asking price.

Houses that closed in Tucson during December 2010 sold for 94.4% of asking price

The average Sales price for homes that closed in Tucson, Arizona was $161,471 in December 2011.

The average Sales price for homes that closed in Tucson, Arizona was $186,399 in December 2010.

The average Market time for homes that closed here was 78 days in December 2011.

The average Market time for homes that closed here was 106 days in December 2010. 

1403 homes went under contract in Tucson in December 2011. The average list price for homes that went under contract was $171,015.  The average time on market for these homes was 78 days

Please click  the courtesy home search tool to find more statistics on homes you like or to find homes by subdivision, area, or zip code.  There's never any obligation if you do.

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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 LiveHereTucson.com.  I have helped people like you move in and out of Tucson for  7 years. In a previous career, I represented Honda Automobile Corporation in Toledo, Ohio for 10 years. During that time, I placed among the top 5% of all sales consultants nationwide for overall client satisfaction and volume. My office is conveniently located on Kolb Road 1/4 mile south of Tanque Verde. Thanks again for visiting!

Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Hi Kevin, great to see market numbers starting to go up. In Maricopa and Navajo finally seeing a light at the end of the tunnel.

Jan 25, 2012 12:19 PM
Kevin Wood,
Keller Williams Southern Arizona - Tucson, AZ
Tucson, AZ Realtor

Ed and Tracy,

Good to hear. 2012 will be as great as we make it! 

Jan 26, 2012 12:48 PM