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Today's 24-Hour Tucson Arizona Real Estate Market

By Gabrielle Kamahele Rhind

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

September 11, 2009 09:11 AM

24-Hour Tucson Arizona Real Estate Market - September 11, 2009 - In the last 24 hours this graph shows what has happened with Tucson home listings and sales in the Tucson real estate market! Here is the summary:

New Listings - 123

Price Drops - 101

Back On Market - 19

Inactive/Seller Release - 31

Under Contract - 70

SOLD IN 24 HOURS - 43

Gabrielle (Kamahele) Rhind - 2009. If you want to reprint parts of this - just email me for my permission rhindohana@msn.com. Buying or selling Tucson Arizona Real Estate? Click info@gabriellerhind.com and let me know how I can help you! Or visit www.BuyMyTucsonHome.com.

If you'd like more info about Mt. Lemmon homes, Tucson bank owned homes, Tucson lease option to purchase homes, Tucson rental homes, buying or seling your Tucson home or the Tucson real estate market or real estate news, email or call me at (520) 245.0242.

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Gabrielle Kamahele Rhind

KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ

Broker/Owner

Posted a similar graph two days ago and the numbers from then and today are so similar that I thought I would post another market report to show how close the numbers are! Encouraging that the numbers are staying steady!

Sep 11, 2009 09:13 AM

Kent Anderson

Coldwell Banker Resort Realty, Sandpoint, Idaho - Sandpoint, ID

from Schweitzer to the Lake

Gabrielle - Interesting...I don't think we have a graph like that available for Sandpoint. I'm going to look into it. Is 43 solds in 24 hours good in a market your size? It seems like a decent number.

Sep 11, 2009 09:16 AM

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

Gab, I have a question, does sold in 24 hours mean that these homes sold in the last 24 hours or does this pertain to the total marketing time? I hope that doesn't sound stupid! =)
Thank God it is Friday,
Paul

Sep 11, 2009 01:31 PM

HELLO KENT! It's terrific that our MLS is able to provide these stats - and it changes all day long as transactions happen. 43 is good - I have seen some days of 75 and as high as 92 SOLDS in 24 hours. I also look at the number of listings and number of properties that go under contract in 24 hours and those are impressive with almost as many "active contingents" as there are new listings! Hope that helps answer. Thanks for the comment! -- Gab

HEY PAUL! No question is silly! The short answer is it represents the number of homes that have closed and individuals are handed the keys in any 24 hour time frame. And the stats change all day long. We are lucky here in Tucson to have continuously updated market information like that. What is your system like in WA? -- Gab (PS - OK - irony - "I Loved Her First" is playing on the radio right now! Reminds me to mention that I hope your daughter and new husband are doing well!)

Sep 11, 2009 02:37 PM

Our numbers are posted once a day thus the confusion. Our MLS cover 75% of the state or about 5 million people. "I loved her first" was our dance and

Sep 12, 2009 04:46 AM

Mike Jones

SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ

Mike Jones NMLS 223495

Gabrielle,

When the combination of Sold and Under Contract exceeds the number of new listings, I'll be dancing! Looks like we're getting there.

Mike in Tucson

Sep 14, 2009 03:30 AM

Today's 24-Hour Tucson Arizona Real Estate Market

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