Below are the market statistics for Rancho del
Lago for September 2008 as provided by the
Tucson Association of Realtors:
|
Active Listings: |
|
84 |
|
New Listings: |
|
18 |
|
Active Contingent: |
|
10 |
|
Active Capa: |
|
1 |
|
Pending: |
|
4 |
|
Sold: |
|
8 |
|
Expired: |
|
3 |
|
Withdrawn Released: |
|
8 |
Rancho del
Lago continues to clear stagnant inventory and prices
are continuing to normalize, but at a much slower rate.
With
18 new listings and 84 active listings Rancho del Lago
continues to be an attractive draw to many homebuyers especially
those who work for nearby employers (Raytheon, IBM,
Keep in mind, a few of the "New
Listings" are price reductions that were enacted this
month. Several of the Active Contingent listings and Sold listings
are foreclosures and or short sales and prices appear to be stabilizing from
the activity of the past several months.
K. Hovnanian continues to sell new homes with very competitive
pricing which is also contributing to a slight price decline.
If you are interested in homes in Rancho del Lago
or the surrounding community feel free to contact me!
Michael Krotchie - Realtor®
Coldwell Banker Residential Brokerage, NRT LLC
6970 N. Oracle Road, Suite 100
Tucson, AZ 85704
520.404.4996 -- Mobile
520.544.4545 -- Office
520.844.6699 -- Fax
http://www.michaelkrotchie.com
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