NW Tucson Homeowners - It's a Seller's Market! Time to List Now!

By
Real Estate Agent with Long Realty - Dove Mountain, Marana AZ BR564219000
https://activerain.com/droplet/4N7H

NW Tucson Homeowners - It's a Seller's Market!  Time to List Now!

The market indicators are out there.  Even nationally, Keeping Current Matters paints a bold graph with the current market conditions:  Inventory is Low - Buyers are Out there - List NOW.

NW Tucson Homeowners Sell Now

For more local information, I've studied the reports for NW Tucson, and Extended NW and W Tucson areas.  

Here's some direct quotes:  

"In the Tucson Northwest area, November 2015 active inventory was 1,392, a 16% decrease from November 2014. Months of Inventory was 5.7, down from 7.1 in November 2014. Median price of sold homes was $222,200 for the month of November 2015, up 6% from November 2014.

In the Tucson Extended Northwest and Extended West area, November 2015 active inventory was 108, a 26% decrease from November 2014. There were 21 closings in November 2015, a 50% increase from November 2014. Year-to-date 2015 there were 301 closings, a 10% increase from year-to-date 2014. Months of Inventory was 5.1, down from 10.4 in November 2014. Median price of sold homes was $122,500 for the month of November 2015, up 7% from November 2014."

What's that mean in a nutshell?  If you are contemplating selling your NW Tucson home, inventory is down, prices are up, actual sales are down (because we need listings) homes are selling more quickly, and a higher percentage of homes are selling now than just a month before.

To be even more specific, if your home value is apx. $225000 or less, NW Tucson Homes for Sale inventory levels are at 3.5 months.  Six months is a balanced market.  This gives the seller much more negotiating room in an actual sale!  Contact me for more information on homes in price bands exceeding $300,000 for a detailed analysis.

I'm happy to stop by and help you determine your current property values.  Also, visit my web page for a boilerplate approximate value of your home based on three different estimating services.  

Posted by

If I can assist you in your home buying or selling in Marana, Tucson, Oro Valley, or Vail, please don't hesitate to call me!  Email at swdeserthomes@aol.com

Cara Marcelle Mancuso, Long Realty,

520-909-2988   

Regarding the material posted in my blog postings, these are my personal opinions and not those of Long Realty Company. 

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

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Rainmaker
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Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Good morning Cara,  same situation here in Southern California. Tks for sharing

Jan 12, 2016 02:45 AM #1
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Rainmaker
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Cara Marcelle Mancuso

Call a Marana neighbor, I'm THERE! LONG REALTY
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