Tucson Rental Market Statistics December 2016

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

Half.  That summarizes the Tucson rental market for the month of December - of 100% of rentals on the market - only 50% of them were rented - with the average days on market (between one and 30 days) - around 46 days.

 

Graph and Statistics from the Tucson Association of Realtors, December 2016 Rental summarize the active inventory, rented inventory, and days on market for each rental property type. Below are some highlights:

 

Total Active listings for December were 475

The number of properties rented this month was 271

The Average monthly rent for Apartments was $610

The Average monthly rent for Condominiums was $813

The Average monthly rent for Mobile Homes was $425

The Average monthly rent for Manufactured Single Family Residence’s was $1,022

The Average monthly rent for Patio Homes was $1,150

The Average monthly rent for Plex’s was $683

The Average monthly rent for Single Family Residence’s was $1,295

The Average monthly rent for Townhomes was $991

Average Days on Market was 45.

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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 .

 

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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
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Gabrielle Kamahele Rhind  It seems that you haven't lost your touch when it comes to Brilliant graphs of your market area. Well done 

Jan 20, 2017 10:26 AM #1
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Curious about the single family rentals. What would be the average purchase price for the average single family rental? Just wanting to compare to my market.

Jan 22, 2017 08:47 AM #2
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