Local Market report info for Cochise County, AZ - Dec/Jan

By
Real Estate Broker/Owner with South East Arizona Real Estate

Staying up to date with the housing market is an important factor when trying to sell Real Estate.  Knowing the value of other homes or land in the area helps ensure your property is listed at a price that sells in todays market.  You do not want to under price and lose money, nor do you want to overprice it just to have it go stale with out results.

For the months of December and January ( 2011-2012) here in Douglas, Bisbee, Mcneal, Elfrida, Hereford, Palominas and Huachua City, Arizona is a brief market report.

In total for these cities and towns, 58 properties sold.  Bisbee and Douglas had the largest share with 14 properties each.  The quickest selling are the forclosure properties in any location. The average days on the market for the area is 166 days. Of the 58 properties sold, 32 of those had to reduce price to sell.

Sell with South East Arizona Real Estate 520-364-3676.

We know the market.

Comments (3)

Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Sounds like there is a some hidden education in these numbers.  Seems like local agents may have to rethink how high they are taking listings for in order to make them sell faster and without price reductions.

Feb 18, 2012 10:18 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Mary Ann - Thank you for sharing detailed quality information on local market report info for Dec/Jan.

Feb 18, 2012 11:50 AM
Mary Ann Ead
South East Arizona Real Estate - Douglas, AZ

Hidden education? Well maybe I am lacking in pointing things out specifically. But yes, I noted that for the sellers who want to be pricing just a little too high. Then their property takes longer to sell and gets a lower price than it might have.

 

Feb 20, 2012 02:29 AM