For Immediate Release: March 5, 2010 CONTACT:Dan Santa Maria MLS President (520) 795-1492 Wes Wiggins Vice President, MLS (520) 382-8792 Philip Tedesco, RCE, CAE CEO, TAR (520) 327-4218For Tucson Association of REALTORS®SALE Multiple Listing ServiceMonthly Statistics February 2010As the following Residential Report will show, February 2010 continues to show improvement in the housing market. Although February 2010 sales volume has decreased (-5.51%) over February 2009, sales volume has i
For SALE Tucson Association of REALTORS® Multiple Listing Service Monthly Statistics February 2010 The Tucson Multiple Listing Service, Inc. is a wholly owned subsidiary of the Tucson Association of REALTORS®, dedicated to providing a reliable real estate database for members and the public. The Association represents the interests of 5,700 professionals in the real estate industry, and is affiliated with the National Association of REALTORS®. REALTOR® is a registered collective membership mark which may only be used by professionals who are members and subscribe to its strict code of ethics. As the following Residential Report will show, February 2010 continues to show improvement in the housing market. Although February 2010 sales volume has decreased (-5.51%) over February 2009, sales volume has increased (+1.37%) over the January 2010 sales volume figure. At the same time, unit sales in February 2010 are up (+6.62%) over February 2009 and have also increased (+4.07) over January 2010 unit sales. In February, total Pending sales have increased (+38.92%) over February 2009 and also increased (+22.68%) over January 2010. The total Pending contracts (1,417) is the highest it has been since June 2009 (1,432). These are all positive signs that the consumer confidence in the real estate market continues to increase as buyers are continuing to take advantage of the Home Buyers Credit that will be expiring on April 30. The Tucson Association of REALTORS® message this year is “Tucson’s Ready!’” Continue to make your clients and prospects aware that no matter what area of town or type of home they are interested in, there are a variety of options. Multiple financing opportunities are also available including the home buyer tax credit. Dan Santa Maria 2010 MLS President Lifestyle Opportunities: No matter what area or type of home you are interested in, you have a variety of options. Financial: Multiple financing opportunities are available Talk to a REALTOR®! With the complexity of a real estate transaction, you need a REALTOR®. For Immediate Release: March 5, 2010 CONTACT: Dan Santa Maria MLS President (520) 795-1492 Wes Wiggins Vice President, MLS (520) 382-8792 Philip Tedesco, RCE, CAE CEO, TAR (520) 327-4218
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ForSALETucson Association of REALTORS®
Multiple Listing Service Monthly Statistics February 2010
The Tucson Multiple Listing Service, Inc. is a wholly owned subsidiary of the Tucson Association of REALTORS®, dedicated to providing a reliable real estate database for members and the public. The Association represents the interests of 5,700 professionals in the real estate industry, and is affiliated with the National Association of REALTORS®. REALTOR® is a registered collective membership mark which may only be used by professionals who are members and subscribe to its strict code of ethics.
As the following Residential Report will show, February 2010 continues to show improvement in the housing market. Although February 2010 sales volume has decreased (-5.51%) over February 2009, sales volume has increased (+1.37%) over the January 2010 sales volume figure. At the same time, unit sales in February 2010 are up (+6.62%) over February 2009 and have also increased (+4.07) over January 2010 unit sales. In February, total Pending sales have increased (+38.92%) over February 2009 and also increased (+22.68%) over January 2010. The total Pending contracts (1,417) is the highest it has been since June 2009 (1,432). These are all positive signs that the consumer confidence in the real estate market continues to increase as buyers are continuing to take advantage of the Home Buyers Credit that will be expiring on April 30. The Tucson Association of REALTORS® message this year is “Tucson’s Ready!’” Continue to make your clients and prospects aware that no matter what area of town or type of home they are interested in, there are a variety of options. Multiple financing opportunities are also available including the home buyer tax credit. Dan Santa Maria 2010 MLS President
Lifestyle Opportunities: No matter what area or type of home you are interested in, you have a variety of options. Financial: Multiple financing opportunities are available Talk to a REALTOR®! With the complexity of a real estate transaction, you need a REALTOR®.
For Immediate Release: March 5, 2010 CONTACT: Dan Santa Maria MLS President (520) 795-1492 Wes Wiggins Vice President, MLS (520) 382-8792 Philip Tedesco, RCE, CAE CEO, TAR (520) 327-4218
February 2010 Recap by Month and Year % of Change
Tucson Association of REALTORS®, Real Estate Trend Indicator Tucson, AZFrom: 2/01/2010 to 2/28/2010 Statistics generated on: 03/03/10
Total Active Total Contingent Total Capa Total Pending Total Inventory Total Sold Area # Per AreaUnder $29,999 15 2 3 20 8 N 753 1 ‐30 Days 314
$30,000 to $39,999 41 4 6 51 19 NE 412 31‐60 Days 129$40,000 to $49,999 77 11 12 100 21 NW 1,789 61 ‐ 90 Days 97$50,000 to $59,999 94 14 3 7 118 32 XNE 14 91‐120 Days 79$60,000 to $69,999 145 23 2 12 182 20 XNW 102 121 ‐ 180 Days 79$70,000 to $79,999 121 18 10 13 162 29 C 844 Over 180 Days 43$80,000 to $89,999 175 33 12 11 231 33 E 423$90,000 to $99,999 187 40 14 12 253 24 S 316$100,000 to $119,999 360 97 30 35 522 63 SE 488$120,000 to $139,999 518 100 22 40 680 75 SW 398$140,000 to $159,999 559 99 23 35 716 77 XSW 335$160,000 to $179,999 497 80 13 41 631 53 XS 499$180,000 to $199,999 472 65 11 19 567 40 W 322$200,000 to $249,999 821 113 18 45 997 89 XW 44$250,000 to $299,999 622 64 12 16 714 44$300,000 to $349,999 377 20 1 18 416 27 N 57$350,000 to $399,999 298 25 3 9 335 26 NE 41$400,000 to $449,999 189 18 5 212 13 NW 197$450,000 to $499,999 196 15 5 3 219 14 XNE 1$500,000 to $749,999 487 22 2 11 522 22 XNW 15$750,000 to $999,999 203 7 3 213 6 C 78
$1,000,000 to $1,249,999 66 3 69 4 E 51$1,250,000 to $1,499,999 71 1 2 74 0 S 66$1,500,000 to $1,999,999 65 1 66 2 SE 58$2,000,000 to $2,999,999 55 2 1 58 0 SW 74$3,000,000 and over 28 28 0 XSW 25
Please note: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business asobserved through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or asubstantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees nor is in any wayresponsible for its accuracy.
Residential Listing Statistics Active Listings Days on Market of Units Sold
Avg. Days on Market68
Avg. Sold Price$195,996
Avg. Median Price$150,000
New Listings
FEBRUARY 2010 RESIDENTIAL SALES STATISTICS
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
Median Sale Price – by Type Total Listings Under Contract
**Total Under Contract now calculating how many listings went under contract during the month rather than the total number of under contract in the MLS. (Eff. 06/08)
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
Area # of Listings N 753 NE 412 NW 1,789 XNE 14 XNW 102 C 844 E 423 S 316 SE 488 SW 398 XSW 335 XS 499 W 322 XW 44
FEBRUARY 2010 RESIDENTIAL SALES STATISTICS
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
Annual Comparison Average Days on Market/Listing Average Days on Market/Listing Breakdown
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
1999 71 71 63 64 60 61 61 60 59 53 58 61
2000 63 63 57 53 50 47 52 50 49 52 50 55
2001 60 59 55 53 48 48 46 46 48 45 48 56
2002 59 57 53 52 49 47 48 50 51 49 50 55
2003 56 54 77 52 53 53 51 72 49 52 82 50
2004 56 61 59 80 51 45 43 40 37 40 39 38
2005 42 37 35 31 29 28 25 25 27 29 32 38
2006 42 43 44 44 48 45 47 51 49 55 58 62
2007 68 63 64 65 62 64 65 68 72 70 71 74
2008 84 79 76 77 77 78 78 76 82 78 76 75
2009 83 85 85 78 84 81 80 71 79 70 73 73
2010 73 68
0
10
20
30
40
50
60
70
80
90
100
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2006 42 43 44 44 48 45 47 51 49 55 58 62
2007 68 63 64 65 62 64 65 68 72 70 71 74
2008 84 79 76 77 77 78 78 76 82 78 76 75
2009 83 85 85 78 84 81 80 71 79 70 73 73
2010 73 68
20
30
40
50
60
70
80
90
0 ‐ 30 Days, 314, 42.4%
31 ‐ 60 Days, 129, 17.4%
61 ‐ 90 Days, 97, 13.1%
91 ‐ 120 Days, 79, 10.7%
121‐180 Days, 79, 10.7% 181 + Days, 43,
5.8%
Area Avg. DOM N 103 NE 71 NW 72 XNE 36 XNW 67 C 62 E 54 S 46 SE 48 SW 62 XSW 84 XS 106 W 56 XW 30
FEBRUARY 2010 RESIDENTIAL SALES STATISTICS
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
4,000 Area # of Listings N 102 NE 103 NW 516 XNE 0 XNW 30 C 284 E 160 S 135 SE 165 SW 168 XSW 62 XS 158 W 108 XW 13
FEBRUARY 2010 RESIDENTIAL SALES STATISTICS
PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
