Tucson Real Estate Market
Tucson Average Sale Price – By Area
Yesterday we said the old saying “Location, location, location” is still important even during a recession. It doesn’t matter what social media site or organization you participate in or how many modern gadgets you possess it is still all about location when it comes to real estate.
Tucson Absorption Rates April 2009
The Absorption Rate in April Improved in almost all areas of Tucson.
Tucson MLS Statistics for April 2009
Tucson MLS Statistics April 2009 Trends are not made by one or two months, but I had a feeling one might have begun last month when the stats report from the Tucson MLS was released the afternoon of the data pull last month.
Tucson Absorption Rates March 2009
We saw the overall inventory level drop in February from 13 + months in January to 11.42 months. That number has now been shaved by more than 3 months. We are headed toward that 6 month level and we should reach it some time in the second or third quarter of 2009.
Tucson MLS Statistics for March 2009
I have to start this post with a big ATA BOY for the Tucson MLS. They pulled stats on Friday morning April 3rd right on schedule. The usual process has been for them to go somewhere, I don’t know where, maybe a curing room, or on a desk somewhere waiting for a cover letter.
Tucson Real Estate Market – Push Me Pull You
We are about to wrap up the first quarter of 2009. It has been a roller coaster ride these past three months. Many would compare it to the long drop after the slow churning and cranking of the cars to an unnatural high then the sudden free fall and rush of wind past your face and the feeling in your stomach that you wish you hadn’t had that second corn dog while waiting in line.
Tucsons Multiple Real Estate Markets
We don’t often take into account there are multiple real estate markets in Tucson. Because there are multiple real estate markets in Tucson and we need to differentiate them.
Tucson Absorption Rates February 2009
The Absorption Rate faired better in February. The sponge was wrung out a bit during the month. Overall we see a slight decrease in the inventory and the amount of time it takes to absorb the current inventory on the market.
Tucson MLS Statistics for February 2009
The Tucson MLS Statistics for February 2009 were released this morning. The cover letter included with the report is quite reserved. It doesn’t overstate the state of the Tucson real estate market. It also doesn’t point out some positive signs which I will indicate in this review and analysis.
Tucson Average Sale Price up $15,000 in Feb 2009
Average Sale Price up $15,000 in Feb 2009 over January 09 and up $23,000 over December 08 Median Sale Price Jumps UP $163,250 to $179,900
Tucson Absorption Rates January 2009
Picture cleaning up a kool-aid spill with wax paper. That’s about as good a description I can give of how absorption went in January 2009. It is a sign of the economy and the annual increase in January listings.
Tucson MLS Statistics for January 2009
The new year has begun and we are off and running with the January 2009 Tucson MLS Statistics. First a quick question. Can a Turtle Run? I’m kidding.
