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Tucson Real Estate Market
Only Reporting on the 9 Tucson areas, not the 13 Areas covered by TAR MLS Statistics Report
Market Update: May 2012
Last Updated On: May 10
242 Closed Transactions
30 Short Sales
64 REO Sales$180,633 Average Sale Price
$133,450 Median Sale PriceMarket Update: Apr. 2012
Last Updated On: May 10
1168 Closed Transactions
159 Short Sales
355 REO Sales$179,259 Average Sale Price
$135,000 Median Sale PriceMarket Update: Mar. 2012
Last Updated On: Apr. 9
1204 Closed Transactions
137 Short Sales
382 REO Sales$172,546 Average Sale Price
$134,250 Median Sale PriceMarket Update: Feb. 2012
Last Updated On: Apr. 3
943 Closed Transactions
128 Short Sales
335 REO Sales$170,104 Average Sale Price
$126,000 Median Sale PriceJan. 2012
Last Updated On: Mar 22
811 Closed Transactions
130 Short Sales
320 REO Sales$159,529 Average Sale Price
$125,000 Median Sale PriceTechnorati Blogtop sites
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Monthly Archives: July 2009
Lenders Don’t Seem to Have A Clue on Short Sales
Dealing in a timely manner with a property in short sale should be bank priority, instead even after a year they don’t seem to have a clue how to handle the process. Instead, they wait for the process to turn into an REO which they seem to know how to deal with and in so doing take an lose on average here in Tucson of over $43,000 per property. Continue reading
They should call them Long Sale

It is the oxymoron of real estate these days. Short sales are not short. They was LOOOOOONG sales Continue reading
Tucson REO Homes for Sale
Want a quick way to see what is New in Tucson for REO properties for sale? You don’t have to pay for a list. Just scroll down to the bottom of the right hand navigation. There you will see a header “New on Market REO” Continue reading
