Laura Sayers
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Tucson, Arizona
Real Estate Market Trends
"We simply attempt to be fearful when others are greedy and to be greedy only when when others are fearful." Warren Buffett
• The number of homes for sale have dropped for 6 consecutive quarters.
• The number of homes for sale have dropped 21% since the peak.
• Tight financing has temporarily created great values for homes in the $500,000 to $800,000 price range.
• Homes under $200,000 are being snapped up by Investors & 1st time homebuyers.
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Tucson Median Home Price Rounded to the nearest $1,000.
2006
2007
2008
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Qtr 4
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All information deemed reliable, but not guaranteed. Data obtained from the Tucson Association of REALTORS® & Multiple Listing Service, Inc
* Prices to the nearest $1,000
Tucson Homes For Sale, Tucson Houses & Real Estate
Quickly Find all Tucson Arizona (AZ) Homes, Houses, Real Estate, Condos, & Townhomes for Sale. Easy to use “Quick” searches help you find Homes for Sale in Tucson, Oro Valley, Marana, Vail, & Sahuarita Arizona (AZ). Search for Homes in Tucson Arizona’s Adult & Retirement Communities, Golf & Gated Communities, Luxury Estates & Family Homes. See all Tucson AZ MLS listings.
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Tucson Average Home Price Rounded to the nearest $1,000.
2006
2007
2008
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Qtr 3
Qtr 2
Qtr 4
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Qtr 3
Qtr 2
Qtr 4
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Qtr 3
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Average Number of Active Listings In Tucson
2006
2007
2008
Qtr 1
Qtr 3
Qtr 2
Qtr 4
Qtr 1
Qtr 3
Qtr 2
Qtr 4
Qtr 1
Qtr 3
Qtr 2
Qtr 4
The number of Active Listings has steadily declined from 9,925 homes for sale in 1st Quarter 2007 to 7,832 last quarter, a 21% reduction.
