Tucson June Most Closed Transactions for 2009
July 1, 2009
Post Tags: jim cramer calls bottom , June 2009 closed transactions , tucson real estate trend
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Waiting for the Numbers to Arrive
Covering the Tucson Real Estate Market gets to be a lot of fun during the past week and first week of the month. Honestly, most months the middle can be a little boring (LOL, maybe a lot boring).
We are into that first week of July; one day into the third quarter. The Stock market reacted badly yesterday, June 30th, because the April numbers were down. I have to wonder what deck these guys are playing from. The May and June numbers have been good enough that Jim Cramer, yes that Jim Cramer called Bottom on June 14th. I don’t know how much credibility you assign to him (bite lip don’t comment). But a lot of people blindly follow him and his advise.
June Closed Transaction Numbers
The entire month the number of closed transactions have been keeping a much brisker pace than any month yet this year. There was a time about half way through the month the average sale price was over $214,000. It is now back down to about $206,500.
Two days ago we were still a couple hundred short of June 2008’s 1069 closed transactions. In May I thought we would break or meet the 1070 from May of 2008, but that didn’t happen. We got close, closer than the statistics report indicated; 1016 as of right now, the report came in at 987.
Then last night we were only 35 short of 1070. I’m not publishing this post till after 5 pm when most brokerages close and stop entering sales for the day. But a sneak number at 4 pm. is 1095. I could publish but holding out for that last hour to see if we can get to 1100. Of course by the time you read this you will already know. Moving on. 5:32 pm 1099.
Well, guess that’s all I have to say : )
July 2nd, 2009 at 4:52 pm
Dave, I always appreciate the info on your blog, but this Tweeter thingie on the side is REALLY annoying! One can’t read the text…
June looks good!
July 2nd, 2009 at 5:15 pm
Concerned,
: ) The tweet thing is an experiment I’m running on one of my other blogs. I can read the tweets but it doesn’t seem to update all the time. I’m not a big user of Twitter. It will probably be gone in a week.
LOL, you don’t have to click on it.
Dave
July 2nd, 2009 at 10:00 pm
It’s constantly there on the left as you scroll… You can’t read!
July 2nd, 2009 at 10:07 pm
Concerned,
Now I’m guessing your monitor must be in a very low resolution. I thought you meant you couldn’t read the text in the tweet window.
If you have a scroll mouse hold down the “control” key and scroll. It will change the size of things in your browser. If that doesn’t do it, send a screen capture if you can.
Have a great evening. Hope you have tomorrow off for the holiday.
Dave
July 2nd, 2009 at 10:08 pm
Concerned,
If it is open hiding the blog, click on the green button it will contract back out of the way. That is the other possibility.
July 3rd, 2009 at 8:25 pm
Yey, that pesky thingie is gone!
Wow, the sales keep going up, too!
July 3rd, 2009 at 8:26 pm
Ooops, forgot.
Happy 4th, Dave! Have fun!
July 3rd, 2009 at 8:30 pm
Concerned,
You too, enjoy the fireworks.
You should know you were instrumental in getting some changes made to the pesky thingy. There will be more changes coming to it on Monday.
I moved it from here to the Real Estate Lab I run. The developer has been in touch with me all day. I posted your comment at http://tinyurl.com/njgbh8 and wrote an entire post about it. You helped change the future of the pesky thingie.
Dave
July 5th, 2009 at 9:29 am
That’s too funny, lol!
I’d venture to say we the readers of this blog are more old-fashioned… Go tweet with hipper crowd!
July 7th, 2009 at 12:10 pm
Too bad you didn’t quite make it to 1100-so close! Still very exciting to see that June turned out so well for you out in AZ, congrats!
Leon Belenky@Miami Homes For Sale’s last blog post..Luxury Homes on the Sunset Islands Miami Florida
July 7th, 2009 at 2:06 pm
Leon,
Those were preliminary figures. We actually have made it to 1149 which is 80 more closed transactions that June of 2008. Waiting now for the final results to see if our inventory shrunk more in June.