Tucson n “Top 10 Sellers Market” Nationally

Tucson AZ Homes For Sale on MLS

Tucson AZ Homes For Sale on MLS

ZipRealty, a national real estate brokerage company, has found that Tucson, AZ is a Top 10 housing market that is starting to lean in the sellers’ favors. This is important for investors to know. Our market is ready to really start making and impact, and it is time to act now.

For the average home in Arizona the gap between the AZ home listing price and AZ home closing price is narrowing with AZ home sellers able to get more than 99.3% of their AZ home’s listing price back. Also, the median days an AZ home for sale is spending on the Tucson market also is falling, dropping to 44 days nationwide last year — a 23% decline from the year before that, according to ZipRealty’s report.

“A limited inventory of homes on the market, combined with the extremely low cost of mortgage financing, has resulted in homes selling above asking price in many western markets, boosting the average listing to closing price ratio,” says Lanny Baker, ZipRealty’s CEO and president.

ZipRealty has identified the following 10 best housing markets for sellers, based on the list-to-close price ratios:

  1. San Francisco (102.5)
  2. San Diego (101.3)
  3. Sacramento, Calif. (100.9)
  4. Las Vegas (100.7)
  5. Los Angeles (100)
  6. Orange County, Calif. (100)
  7. Denver (99.8)
  8. Tucson, Arizona (99.3% list-to-close ratio)

Source: ZipRealty

This is exciting news. Contact MyOwnArizona if you want your real estate sold. Pick up the phone right now and get in contact with us. When you are making one of the most important decisions of your life MyOwnArizona is your solution. Selling real estate is supposed to be fun!

My best,
Carl F. Pepper, Realtor

Tucson: (520) 822-6575
Phoenix: (480) 382-9191


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