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Property in Tucson, Arizona



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Average days on market decreased to 40 in December, 2004 compared to 52 in December, 2003, with 56.8% of all closed listings selling in the first 30 days on the market.

Pending contracts, those transactions subject to contract but not yet closed escrow, increased by 16.1% from 1,104 in December, 2003, to 1,282 in December, 2004.

The 3,383 active listings in December, 2004, were 27% under the 4,639 in December, 2003, and the 1,127 listings added during December, 2004, decreased by 8.4% from the 1,231 listings added in December, 2003.

According to Judy Lowe, President of the Tucson Association of REALTORS® Multiple Listing Service, Inc., "Fewer new listings being added to the inventory along with more buyers in the marketplace create an extremely active Tucson real estate environment. We are continuing to see record-breaking appreciation in property values with sellers realizing large equity returns and then reinvesting in Tucson real estate. Forecasts are that 2005 will bring more of the same."

For more information, please visit www.BrendaSellsTucson.com - Tucson Real Estate and Tucson Homes from Top Tucson Realtor Brenda O'Brien, CRS
Zipcode Population Households Average
house value
85701 4,474 2,561 $204,750
85704 26,869 13,091 $272,090
85705 55,199 27,386 $100,282
85706 70,406 22,633 $111,748
85708 6,494 1,601 $62,244
85710 54,561 27,016 $180,544
85711 42,859 19,133 $166,348
85712 32,656 17,527 $165,984
85713 47,998 17,983 $106,106
85714 14,549 4,798 $110,292
85715 15,890 7,340 $260,078
85716 33,374 17,934 $188,552
85718 26,424 13,223 $486,122
85719 44,066 19,494 $185,276
85730 38,872 15,692 $169,078
85735 8,203 3,183 $149,240
85736 4,713 1,787 $139,412
85737 30,370 14,238 $320,866
85739 12,088 5,642 $302,484
85741 31,757 12,797 $192,738
85742 22,239 8,282 $227,136
85743 18,695 7,350 $208,390
85745 30,881 12,970 $218,036
85746 44,665 15,325 $154,700
85747 12,729 4,396 $226,044
85748 15,662 6,360 $254,618
85749 18,267 7,250 $406,770
85750 24,783 12,106 $430,430

Other cities in the area: Green Valley, Marana, Sahuarita, Vail, San Manuel, Red Rock, Rillito, Mount Lemmon


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