Tucson Real Estate Market Highlights for November 2014
To paraphrase a top 40 pop song from Flo Rider a few years ago, the Tucson Real Estate "market got low, low, low, low, low, low, low...."
Is it the holidays....statistics say yes, real estate sales do drop off in many communities and neighborhoods of Tucson, Marana, Vail, Oro Valley and Sahuarita during November and December.
Looking at November stats, things have indeed slowed down or dropped for home sellers and home buyers in the greater area of Tucson, AZ.
Total volume of sales dropped almost 15% from October to November 2014.
Sales price dropped along with that number, decreasing 1.70%
Sellers listed for an average price of $213,195 for the region. This is a 2.11% decrease as well from the prior thirty days.
Those that received an accepted contract and went into escrow -- down close to 14% from the month before. Unit sales also down 13.49%.
New listings decreased, the numbers from October 2014 versus November 2014, down close to 12%. However, this number is up about 10% from 2013.
Are we still working our listings, marketing, holding open houses, running ads, etc? Yes...real estate agents work November and December as well. Each of the photos above link to an online site for Long Realty providing more information on each listing, as well as additional photos.
We ask for your patience as you look at the big picture of statistics regarding Tucson Real Estate for sale right now.
Now I'm off to an open house. :)
Comments (4)Subscribe to CommentsComment