Tucson Real Estate Market Conditions & Reports, Tucson Market Trends, Arizona

Market Commentary Provided by Marni Allen

Report Date

Fall 2009

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Marni Allen
RE/MAX All Executives
Tucson, Arizona
520-245-8489
marni@gotucsonhomes.com
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Nearest Metro Area

Tucson, AZ

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

More than 120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$275,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Tucson is

Seller Activity for the past 90 days in Tucson is

Is Financing Available For Qualified Buyers in Tucson?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Relocation

Average Sold Price

$275,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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