Wondering what's going on in NW/W metro Tucson with regards to horse properties? I did a little investigating to compare and ran zip code searches for 3: 85742, 85745, and 85653 to see what was going.
Criteria was horse property, single family home, 2 acres or more. I looked at last 60 days of action.
85742 had 8 total, Active listings priced 925K to 2.5m. 2 closed, one at 950K and 1.07m
85653 had 3 total, 1 at 775 available, 2 sold, (trailers, not sfr) at 165 and 170
85745 had 13 total, 4 active between 475K and 765K, a 399 pending, no sales
85743, had 18 total - by far the most busy - but this area is geared towards horse properties anyway! Pricing for Active starts at 519K, with pricing up to 1.4. 4 closed, 397k, 485k, 630k, and 658k
2022: So, for these 4 zip code areas, 8 sold this year, last 60 days
2021, same criteria: 17 sold
2020, same criteria: 22 sold
2019, same criteria: 15 sold
So we seem to be looking at about a sales drop of about 50%
For an up close look at the most affordable horse ranch in 85743, click here.
IS it a good time to sell your horse property in Tucson, Marana, and surrounding areas?? Yes, pricing is still at premium prices. If your home is priced right, looks great, is updated and move in ready - it can still be a great time to sell.
However, with rising interest rates, buyers are careful, and considerate, and back to asking for concessions.
If you'd like to discuss putting your horse property in Tucson or Marana, AZ up for sale, let's talk, and find out if now is the best move for you.
Golden Girls with SW Desert Homes - let's get you moving in the right direction!