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Tucson Moves...Is it Time to sell Your Home??

By
Real Estate Broker/Owner with Golden Girls with SW Desert Homes BR564219000

I was looking at my archive of real estate transactions this week, wondering what the value was of some of my early buyers' homes. I had to go in four years before someone STILL lived in their original home. I thought that was interesting. In fact, of all the transactions I did for home buyers from 2005 through 2010, only FIVE still own those home. Tucson...moves.

So, back to my project. I ran a quick scan using a Long Realty tool available on my web page that gives you three market projections of value - of course, estimate only. https://cara.longrealty.com/?p=homevaluesreport

 

As a reminder as to why you need a professional, the internet does NOT know what updates, additions, neighborhood environment, etc that has had an impact on home $$

Home number 1, purchased in August 2010, has an estimated value range in the $150,ooo's. Now...realize it was purchased for $41K! There's a markup!

Home number 2, purchased in September of 2010, has an approximate value of $215,000. It was purchased for $142,000.

Median Home Price Fall Tucson

 

I've attached a screen shot of the MID YEAR market report put out by Long Realty to help you see the visual evidence. Furthermore, currently, Median price of sold homes was $263,996 for the month of September 2020, up 15% from September 2019.

September sales in Tucson Area Real Estate

This chart can help you to approximate what YOUR home will do in today's market.

 

Perhaps it's time for you to make a move and capitalize on your home's value. Choose an experienced agent with the mortgage and title networking to help you navigate a simultaneous closing into your next new home. After all...Tucson moves!

Tucson Real Estate Home Value

 

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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 Cara@SWDeserthomes.com

Cara Marcelle Mancuso, Designated Broker, Golden Girls with SW Desert Homes     520-909-2988   

Regarding the material posted in my blog postings, 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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Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Cara. Sounds like those considering a sale should contact you for assistance. Enjoy your day! 

Nov 11, 2020 04:31 AM
Cara Marcelle Mancuso

Wayne Martin  Good afternoon!  We definitely need listings for all those eager buyers!

Nov 11, 2020 12:18 PM
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

Get er on the Market. Buyers are happily paying above List Price !!!!!!!!!!!’n

Nov 11, 2020 04:41 AM
Cara Marcelle Mancuso

Michael J. Perry   So true.  Just so long as it appraises....

Nov 11, 2020 12:19 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Those charts definitely tell the story. Sellers market, inventory down, prices up. Now is the time for sellers to get their home on the market!

Nov 11, 2020 05:36 AM
Cara Marcelle Mancuso

Thanks Kat Palmiotti 


Kalispell - what a wonderful area.  My sister used to live over there.  Her son is a principal near by.  Love those Mission Mtns!

Nov 11, 2020 12:19 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Great information Cara. And my, don't you have detailed and easy to understand reports that will serve your buyers well. Great job!

Nov 11, 2020 11:15 AM
Cara Marcelle Mancuso

Thank you Rocky Dickerson, appreciate your opinion.  Nothing like facts to back it up!  ;0

Nov 11, 2020 12:20 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Tucson moves and they should all be using your expertise when they buy or sell.

Thanks for following up with Mary. Hope the next referral will be profitable Cara Marcelle Mancuso 

Nov 13, 2020 11:33 AM
Cara Marcelle Mancuso

 I feel for the lady.  My mother also owns a similar piece of "land" on the outskirts of El Paso.  About the same value.  She, too, received one of those letters to purchase some years ago.  I appreciate your call - see you on Zoom Margaret Rome Baltimore 410-530-2400 

Nov 15, 2020 08:17 AM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Cara Marcelle Mancuso I just notice you are in Tuscon, which is where my brother lives.

Nov 13, 2020 04:18 PM
Cara Marcelle Mancuso

George Souto Very nice!  I got your name from Margaret Rome - going to check in on those Zoom meetings!!  :)

Nov 15, 2020 08:16 AM