What's going on with the Tucson real estate market?
Looking back on January 2024, sales were down in January by 3.4%, with only 984 sales. A year ago, sales were closer to 1500.
The average sales price has slipped just a bit as well, down by 1.66% It's still well above 2024 high in May of of apx 355K however!
Days on market are averaging 26 days, so homes are still moving quickly. Of interest - new homes for sale are flooding the market since December, up over 54% (we're moving into our peak market season - I can help with that!!)
Need help navigating buying or selling your home in Tucson, Marana, Oro Valley or Vail? The Golden Girls with SW Desert Homes can help with that.
Here's a quick link to available single family homes available in Tucson, Marana, Oro Valley and Vail, priced $300K to 1.2M, existing construction.
Reduced inventory is affecting home sales in the greater Tucson area, a challenge we've been facing for many months now. As a seller, pricing your home right - plus effective staging and presenting your home in it's best possible light - can have you quickly moving on to your next steps. As a buyer, being pre-qualified or pre-approved is absolutely. Work with your agent to define your most important criteria - what's crucial - what can you live with - what must you change immediately - all helping to narrow down your choices and help you to make quick decisions in this market.
Need help? Cara Mancuso, Designated Broker for Golden Girls with SW Desert Homes, 520-909-2988.
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