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A September 2018 Look at the Tucson Real Estate Market

Is now the time to list your home?
Let's take a look at the September 2018 Monthly stats from the Southern Arizona Multiple listing service.   
Below are some points regarding residential sales:
Total Sales Volume  has dropped by close to 18% from August. Average Sales Price has dropped just over 4% as well. Those that have received offers and gone under contract have decreased by 13.23% in that same time frame. Total units of sales (both buying and selling) have decreased 4.7% from a year ago same time but median sales price is up just about 1.5%. Total units of sales (both buying and selling) have decreased 4.7% from a year ago same time but median sales price is up just about 1.5%.   These decreased numbers can be attributed to the fact that overall listings are down over 10.5% from August 2017.  Less inventory means less can sell or get offers.   Time it takes to sell your home - still averaging 38 days for two months now.  
Is now a good time to list your home?  Will the holidays affect your saleability? 
Let's meet and discuss what's right for YOUR timetable.
Cara Mancuso, Associate Broker with Long Realty
520-909-2988  cara.longrealty.com
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