The Latest - Tucson Foothills Sales Activity, 9/24

Here's the broad picture of sales activity - from the Tucson Assoc of Realtors MLS, for single family homes in the Tucson Foothills, during the past two weeks, that's 9/11 thru 9/24.
This activity took place against a base of 387 homes currently listed for sale (priced from $225,000 - $22,000,000) that $22 million home is still available.

New Listings = 62 (priced from $225,000 - $2,975,000)
Homes gone under contract = 23 (priced from $319,900 - $2,295,000)
Homes Sold = 17 (priced $212,900 - $1,020,000)
Price Reductions = 50
Price Increases = 0
Expired Listings = 11
Withdrawn Listings = 11

In the current 2 week period, compared to the previous two weeks, there have been- 
5 fewer new listings
4 more homes have gone under contract,
5 fewer have sold,
13 more price reductions,
2 fewer price increases,
2 fewer expired listings
11 fewer withdrawn listings
The only thing that stands out to me is the increased # of price reductions, and that's a good thing, other than that the pace though slow, seems to be holding steady.
'til next time,
Previous 2 Week Sales #'s
The Latest - Tucson Foothills Sales Activity, 9/10
The Latest - Tucson Foothills Sales Activity 8/27
The Latest - Tucson Foothills Sales Activity 8/13
The Latest - Tucson Foothills Sales Activity, 7/30

Here's the broad picture of sales activity - from the Tucson Assoc of Realtors MLS, for single family homes in the Tucson Foothills, during the past two weeks, that's 9/11 thru 9/24.
This activity took place against a base of 387 homes currently listed for sale (priced from $225,000 - $22,000,000) that $22 million home is still available.

New Listings = 62 (priced from $225,000 - $2,975,000)
Homes gone under contract = 23 (priced from $319,900 - $2,295,000)
Homes Sold = 17 (priced $212,900 - $1,020,000)
Price Reductions = 50
Price Increases = 0
Expired Listings = 11
Withdrawn Listings = 11

In the current 2 week period, compared to the previous two weeks, there have been- 
5 fewer new listings
4 more homes have gone under contract,
5 fewer have sold,
13 more price reductions,
2 fewer price increases,
2 fewer expired listings
11 fewer withdrawn listings
The only thing that stands out to me is the increased # of price reductions, and that's a good thing, other than that the pace though slow, seems to be holding steady.
'til next time,
Previous 2 Week Sales #'s
The Latest - Tucson Foothills Sales Activity, 9/10
The Latest - Tucson Foothills Sales Activity 8/27
The Latest - Tucson Foothills Sales Activity 8/13
The Latest - Tucson Foothills Sales Activity, 7/30