Brenda's Tucson Housing Market Report
September 2010

MLS Releases Monthly Report Late This Month

Average Days On Market = 91 ~ Sales Price as a % of List Price = 94.54%

Outlook Brightening: Well, we appear to be picking up a little wind now as we head into fall with Unit Sales in August up 11% more than in July. The market is showing signs of improving and the snowbirds will soon be back.

Mid-Term Elections: The mid-term elections are right around the corner and that will hopefully have a positive effect on public confidence as we re-adjust the makeup of the congress. No matter what your political affiliation we believe people are generally dissatisfied with the current economic climate and looking forward to putting some new folks in the congress.

The economy is Slowly Improving, almost all economic statistics point to that, but the man on the street doesn't see it yet. We really need some positive news on the economic front to get this recovery moving.

We introduce a couple of New Statistics this month. At the top of the page we will be posting Average Days On Market data and also the Percentage of Asking Price Homes are Selling For.

Feel free to contact us with your questions. We're easy to talk to and we can answer any questions you might have about current market conditions, interest rates or where home prices are headed. If you're interested in talking about listing your home we'd be happy to provide our recommendations on how best to proceed.

Key prior month statistics from the Tucson Association of Realtor’s September 2010 Report show:

Total Tucson Home Sales Units: 882, Decreased 10% from August 2009. Increased 11.36% from last month.

Total Tucson Homes Under Contract: 1,378, Increased 8.16% from August 2009. Increased 39.19% from last month.

Tucson Average Sale Price: $186,562, Down 6.54% from $199,626 in 2009.
Northwest Tucson Average Listing Price: $234,821 Down from $238,101 last month.
Catalina Foothills Average Listing Price: $441,668 Down from $472,803 last month.

Total Tucson Active Listings: 7,170, Up 18.28% from 6,062 in August of 2009.
Northwest Tucson Active Listings: 1,826, Up 152 units from last month.
Catalina Foothills Active Listings: 676, Up 4 units from last month.

Total Tucson New Listings: 1,455, Down 350 units from 1,805 in August of 2009.
Northwest Tucson New Listings: 353, Down 66 units from last month.
Catalina Foothills New Listings: 106, Down 45 units from last month.

Some quick conclusions we can draw from these Tucson home sales statistics are:

Positive Market Indicators this month: Units under Contract up again year over year & month over month. Total Unit Sales up 10% over last month. New Listings down 19% over same period last year.

Negative Market Indicators this month: Active Listings Up to over 7,000 for the first time in a year and a half. Average Sales Price down almost 6.54% from last year.

Market Outlook: As predicted last month, sales did pick up in August (up 11.34% over July). Near term we are expecting sales to continue gathering strength through the fall season.

The Tucson Market Reports below will give you a detailed look inside the current Tucson Housing Market.

Tucson Multiple Listing Service Report - September 2010

Catalina Foothills Housing Report - September 2010

Oro Valley Housing Report - September 2010

2009 (Year in Review) Tucson Multiple Listing Service Report

Brenda's 2009 Year End Tucson Housing Report

Tucson Housing Market Report Archives

Questions about current Tucson Housing Market Conditions?
Email Brenda or call her Today at 520-918-5968
Return to Tucson Real Estate Home Page

Tucson Home Finder, Tucson Homes Virtual Search
Tucson
Home
Finder
Tucson Community Information, Links to dining, shopping, entertainment and more
Tucson
Community
Info
Tucson Relocation Package, Free Tucson information, Available upon request
Tucson
Relocation
Package
Top Tucson Realtor Brenda OBrien
All
About
  Brenda  
Tucson Home Buyers Center, Information important to Tucson Home Buyers
   Tucson   
Home
Buyers
Tucson School Info, Schools, District Maps, Tucson School Report Cards
    Tucson   
Schools
Info
Tucson Golf, Tucson Golf Courses
  Tucson  
Golf
Courses
Tucson Home Sellers Info, Current Market Conditions, How to Price your Home, etc
 Tucson  
Home
Sellers
Tucson Housing Market
Tucson
  Housing  
Market

Brenda's Tucson Home Listings
Brenda's
Tucson
Listings
Tucson Condos and Townhomes
Tucson
Condos &
Town Homes
Tucson Helpful Links, Utilities, Maps, Relocation, Home Improvement, News Media, etc
Helpful
Tucson
Links
Tucson News
Monthly
Tucson
Newsletter
What People Say About Brenda, Client Testimonials about Tucson Realtor Brenda O'Brien
What
People
Say
Tucson Home Values, What's my Tucson Home worth today?
What's My
Value
Today
Tucson Home Mortgages and Tucson interest rates
Tucson
Home
Mortgages
Tucson New Home Information
Tucson
New
Homes
Oro Valley Homes
Oro
Valley
Homes
Tucson Homes by School District
Homes By
School
District
Catalina Foothills Homes
Catalina
Foothills
Homes
Rancho Vistoso Homes
Rancho
Vistoso
Homes
Tucson Homes - Age Restricted
Tucson
Retirement
Homes
Tucson Luxury Homes
Tucson
Luxury
Homes
Tucson Golf Homes
Tucson
Golf
Homes
Tucson Gated Homes
Tucson
Gated
Homes
Tucson Homes - Northwest
Northwest
Tucson
Homes
Tucson Homes - Other Areas, Other Styles, Homes with acreage, Homes with Guest Quarters, Etc
Other
Tucson
Homes

eMail Brenda
Tucson Multiple Listing Service - Self Directed Real Estate IRA - Tucson Weather - Tucson Map - Tucson Utilities
Tucson Subdivisions - Catalina Foothills Subdivisions - Oro Valley Subdivisions - Marana Subdivisions
SaddleBrooke - Sun City Vistoso - Heritage Highlands - Vistoso Village - Quail Creek
Dove Mountain - Continental Ranch - District 16 Homes - Sam Hughes District
Tucson Horse Property - Rancho Sahuarita - Rita Ranch - Vail - Marana
Email This Page - Tucson Resources - Link to Me
Tucson Homes For Sale - Tucson Arizona
Site Map

  
Copyright ©1999-2016 All Rights Reserved

Copywrite Protected