Monthly Statistical Digest

Transcription

1 Tucson Association of REALTORS Monthly Statistical Digest October 27 FOR IMMEDIATE RELEASE: November 9, 27 CONTACT: Judy Lowe, President - (52) Wes Hodges, Vice President, MLS (52) Rick Hodges, CEO - (52) LETTER FROM THE PRESIDENT TUCSON REAL ESTATE MARKET MAY BE SAYING "WE'RE HOLDING OUR OWN" when reviewing the Tucson Association of REALTORS Multiple Listing Service October 27 statistics. For the fifth consecutive month, new contracts opening escrow in '7 exceeded the same month in 26. The October 27 shows 993 new pending contracts, and the October 26 shows 782. This indicates there are more buyers in the market finding their dream home and making offers and sellers are more receptive to these offers. This consistent monthly increase in new contracts pending is reflected in the increase in the October 27 total closed units of 79 units, an increase of 17 units over Septembers' number. Additional good news indicates the Active Listing inventory has declined for the fifth consecutive month, with October '7 showing an inventory of 9,313, a decline even when compared to October '6. The 2,399 new listings coming into the market are less than the September number, as well as the same month last year. The year-to-date Average Sales Price is $27,8. The year-to-date Median Sales Price remains at $22,, the same median as 26 for the same period. Regardless of the national media, we must remember REAL ESTATE IS LOCAL. I heard someone tell a group "There is no national weather forecast.same with real estate it's all local." Judy Lowe 27 MLS President The Tucson 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 6,7 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. 1

2 O C TO B E R 27 RESIDENTIAL SALES O V E RVIEW Sales Snapshot Home Sales Volume Decreased 29.1% from $292,2,7 in October 26 to $27,178,37 in October 27. Graph on page. Home Sales Units Decreased 27.85% from 1,95 in October 26 to 79 in October 27. Graph on page 3. Average Sales Price (all residential types) Decreased 1.72% from $266,85 in October 26 to $262,251 in October 27. Page 5. Median Sales Price Decreased by.71% from $211,5 in October 26 to $21, in October 27. Page 6. Pending Contracts (not yet closed in escrow) Increased 26.98% from 782 in October 26 to 993 in October 27. Graph on page 6. Active Listings Decreased.25% from 9,336 in October 26 to 9,313 in October 27. Graph on page 8. New Listings Decreased 16.97% from 2,886 in October 26 to 2,399 in Ocotber 27. Graph on page 1. Data in this report is based in whole or in part on data supplied by the Tucson Association of REALTORS or its Multiple Listing Service. Neither the Association nor its MLS guarantees or is Data maintained by the Association or its MLS does not reflect all real estate activity in the market. Copyright 27 Tucson Association of REALTORS 2

3 OCTOBER 27 RESIDENTIAL SALES STATISTICS Total Unit Sales October 27 Unit Sales Sept 27 Breakdown by Type 2, 1,8 1,6 1, 1,2 1, FEB MAR APR MAY JUN JUL AUG SEP OCT NOV CND/CNDNC TH/THNC % 8.73% 3 5.% MH % ,2 1, ,67 1, 15 1,232 1,98 1, ,16 1,1 1, 126 1, , ,69 1,8 1, 225 1,175 1,192 1, ,2 1,163 1, 299 1,161 1,166 1, , ,12 1,29 1, 336 1,299 1,3 1,287 1,193 1, ,2 1,36 1,55 1,533 1,718 1,53 1,68 1,27 1,295 1, ,22 1,81 1,283 SFR/ /SFRNC % 25 1,86 1,33 1,525 1,89 1, 679 1,858 1,58 1,795 1, 1,368 1,219 1, ,58 1,51 1,66 1,526 1,52 1,227 1,381 1,777 1, ,318 1,287 1, 313 1,226 1,98 1, Total Unit Sales Annual Comparison YTD Annual Comparison Breakdown by Type 1, 12, 2, 1,8 1, 1,6 1, 8, 1,2 6, 1, 8, 6 2, 2 FEB ,2 25 1,86 1, ,58 MAR APR MAY JUN JUL AUG SEP OCT 1,36 1,55 1,533 1,718 1,53 1,68 1,27 1,295 1,525 1,89 1,679 1,858 1,58 1,795 1, 1,368 1,51 1,66 1,526 1,52 1,227 1,381 1,77 1,95 NOV 1,29 1,28 1,219 1, SFR/SFRNC TH/THNC YTD 25 YTD 26 YTD 27 12,258 1,93 8,521 1,85 2,193 1,62 CND/CNDNC MH ,318 1,287 1,313 1,226 1,98 1, Copyright 27 Tucson Association of REALTORS 3

4 OCTOBER 27 RESIDENTIAL SALES STATISTICS Total Sales Volume October 27 $6 $5 $ Millions $3 $2 $1 $ FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1996 $73,766, $7,339, $79,318, $91,858,39 2 $95,831,5 $71,92,29 $1,,3 $91,212,62 $116,68, $7,727,3 $95,218,9 $98,1,25 $12,162,6 $79,1,1 $118,37,7 $122,36,9 $133,12,2 $13,263,9 $13,97,2 $19,935,9 $17,32,2 $117,123,5 $168,95,1 $157,775,9 $18,8,3 21 $16,353,2 $113,85,5 $16,662,2 $171,877,6 $22,6,8 22 $116,271,5 $139,317,5 $167,31,1 $195,297,9 $231,751,2 23 $13,,9 $15,7,5 $189,19,1 $226,51,8 $22,63,7 2 $167,132,9 $192,399, $279,256,8 $31,86,1 $31,381,5 25 $29,161, $31,57, $363,59,8 $367,27, $3,58,7 26 $258,363,2 $29,89,8 $23,91,6 $6,193, $1,825,6 27 $256,9,61 $258,385,55 $358,181,937 $359,63,95 $368,13,99 $112,37,7 $12,395,2 $93,256,,7 $77,926,72 $18,25,7 $17,987,1 $96,27,,23 $1,219,5 $15,588, $16,36,8 $112,727,2 $11,,2 $196,838,9 $162,676,3 $152,75, $123,51, $182,71, $17,838, $16,61, $135,89,5 $19,665,7 $199,529,9 $18,892,9 $136,367,9 $196,799, $199,215, $189,735,3 $153,6,5 $25,199, $239,869,7 $229,975, $22,633,6 $365,563, $311,318,5 $3,96,7 $26,33,8 $97,2, $12,35,5 $77,375,7 $35,531,3 $17,12,1 $335,85,8 $37,671,5 $273,322,2 $365,932,899 $295,33,32 $279,136,853 $19,57,76 $79,115,86 $72,659,87 $78,736,95 $1,2,6 $75,573,36 $9,23,92 $11,985,3 $12,512,2 $119,2, 3 $125,791,1 $11,23, $119,865, 9 $123,679,8 $137,68,2 $12,288, $139,188,8 $12,635,9 $127,95, $185,339,7 $158,51,9 $187,36, 9 $218,531,5 $166,75, $189,933, 7 $273,555,5 $258,237,3 $273,53, 7 $355,266,5 $32,188,9 $331,13, 7 $292,2,7 $262,678, $256,382, 1 $27,178,37 Annual Comparison Monthly Volume by Type $55 $5 $5 $ TH/NC $13,661, % CND/NC $6,68, % $5,397, % MH $1,97,8.53% $35 Millions $3 $25 $2 $15 $1 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 25 $29,161, $31,57, $363,59,8 $367,27, $3,58,7 $97,2, $12,35,5 $77,375,7 $35,531,3 $355,266,5 $32,188,9 $331,13,7 26 $258,363,2 $29,89,8 $23,91,6 $6,193, $1,825,6 $17,12,1 $335,85,8 $37,671,5 $273,322,2 $292,2,7 $262,678, $256,382, 1 27** $256,9,61 $258,385,55 $358,181,937 $359,63,95 $368,13,99 $365,932,899 $295,33,32 $279,136,853 $19,57,76 $27,178,37 SFR/NC $18,3,, % Copyright 27 Tucson Association of REALTORS

5 OCTOBER 27 RESIDENTIAL SALES STATISTICS Averagee Sales Price October 27 $35, $3, $25, $2, $15, $1, $5, $ FEB MAR APR MAY JUN JUL AUG SEP OCT NOV $117,65 $135,529 $133,757 $1,659 $1,761 $152,368 $13,95 $13,62 $128,273 $11,71 $15,95 $19,99 $12,738 $129,372 $137,888 $19,281 $151,985 $15,3 $119,777 $12,53 $137,8 $1,5211 $156,21 $16,5 $129,251 $131,16 $12,355 $15,12 $159,929 $165, $156,89 $156,15 $179,96 $229,3 $273,69 $272,529 $16,873 $167,676 $187,89 $23,23 $27,98 $26,27 $16,596 $171,683 $27,72 $238,367 $282,39 $271,762 $167,9266 $181,357 $26,5522 $26,6566 $277,76 $278,9922 $178,7 $181,59 $25,76 $258,835 $269,217 $28,589 $135,637 $132,981 $128,276 $125,83 $132,665 $132,99 $128,159 $137,66 $15,287 $138,18 $13,359 $132,579 $159,772 $18,157 $1,7 $139,718 $16,16 $157,61 $15,999 $155,838 $162,269 $167,391 $167,779 $159,122 $169,59 $17,853 $178,9 $163,58 $195,688 $18,515 $178,6911 $188,293 $212,78 $21,666 $25,1 $27,81 $257,55 $26,29 $265,97 $252,515 $273,71 $273,717 $268,88 $253,781 $298,77 $268,983 $273,9322 $279,25 $125,382 $129,519 $131,228 $136,616 $13,712 $133,695 $13,75 $133,133 $11,2333 $12,782 $1,53 $15,5855 $15,829 $162,27 $162,3333 $152,955 $156,26 $165,3166 $166,822 $179,51 $183,111 $186,31 $172,513 $175,72 $211,2 $213,596 $213,196 $259,698 $265,97 $266,731 $266,85 $267,93 $261,38 $262,251 Averagee Sales Price by Type October 27 Average Sale Price per Area October 27 $6, $125, % MH $78,1 9.% SFR/NC $292, % $5, $, $3, $2, $1, CND/NC $139, % TH/NC $197, % $ N NE NW XNE XNW C E S SE SW XSW XS W XW Copyright 27 Tucson Association of REALTORS 5

6 OCTOBER 27 RESIDENTIAL SALES STATISTICS Median Sale Price by Type Total Listings Under Contract $12, 16.82% MH $71,75 1.6% SFR/NC $226, % 3, 2,5 2, 1,5 1, 5 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV ,38 1, ,2 1, ,251 1,18 1,15 1,228 1, ,3 1,216 1, CND/ NC $12, % TH/NC $17, 23.83% ,89 1,285 1,168 1,26 1,217 1,131 1, , ,18 1,25 1,15 1,555 1,27 1,35 1,335 1,335 1,21 1,23 1,251 1, ,319 1,1 1,71 1,719 1,712 1,68 1,62 1,515 1,316 1,1 1,233 1,1 2 1,7 1,676 2,6 2,766 2, 1,978 1,916 1,71 1,652 1,72 1,593 1,282 SFR/NC TH/NC CND/NC MH 25 1,259 1,881 2,188 2,285 2,391 2,257 2,28 1,961 1,877 1,766 1,528 1, ,672 1,796 2,25 1,928 2,19 1,712 1, ,9 1,192 1,217 1,191 2,53 1,777 1, Median Sale Price October 27 $25, $2, $15, $1, $5, $ FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1997 $17, 1998 $18, 1999 $113, 2 $19,9 21 $119, 22 $125,73 23 $13,37 2 $18, 25 $175, $215, $22,365 $11, $12,5 $1, $15, $17, $18, $13, $13,9 $11, $11, $112,9 $117,9 $116, $112, $19,5 $115,5 $115, $12, $127, $119,9 $11,95 $112, $117, $118,9 $12, $12, $121, $12,9 $116, $12,7 $129,5 $127,5 $129, $129, $129,9 $128,9 $127,678 $13,895 $139,5 $137,9 $138, $1, $139, $137,5 $1, $15, $152, $17, $17,5 $18,75 $156,5 $159, $161, $167,733 $165,3 $167, $185, $19, $196, $26, $219,5 $22, $219, $227, $218, $219,25 $221,25 $225, $225, $22,9 $22, $222, $22,91 $223,5 $229, $218,75 $22, $19, $112, $12,9 $15, $18, $19,5 $11, $111,965 $11, $112, $11,2 $117,5 $121,5 $119,9 $12,5 $12,5 $12,8 $123,5 $129, $125, $132,825 $136, $1, $138, $16, $15, $11, $15, $168,5 $162,5 $175, $169, $219, $22, $226, $22, $21, $211,5 $218, $215, $215, $21, Copyright 27 Tucson Association of REALTORS 6

7 OCTOBER 27 RESIDENTIAL SALES STATISTICS Number of Sold Listings by Area Annual Comparison,,5,, 3,,5 3,, 2,,5 2,, 1,,5 1,, 5 N NE NW XNW C E S SE SW XSW XS W XW YTD 25 1,26 892,, ,353 1, ,65 1, YTD 26 1, ,, ,61 1, ,333 1, YTD ,, , , Averagee Sold per Area by # of Units Sold per Area by # of All All N $ 268,38 $ 56,785 $ 863,612 $ 83,75 $ 51,696 N NE $ 139,99 $ 362,15 $ 59,6 $ 538,95 $ 392,516 NE NW $ 23,995 $ 255,89 $ 373,518 $ 99,86 $ 295,519 NW XNW $. $ 228,333 $ 185, $ 238,69 $ 221,73 XNW C $ 173,963 $ 221,786 $ 8, $ 68, $ 233,689 C E $ 131,579 $ 2,18 $ 252,227 $ 32, $ 195,561 E S $ 13,225 $ 153,822 $ 23,931 $ 233,8 $ 169,698 S SE $ 167,333 $ 2,153 $ 253,6 $ 368, $ 217,87 SE SW $ 118,758 $ 158,62 $ 215,266 $. $ 166,88 SW XSW $ 11,21 $ 185,68 $ 232,5 $. $ 16,1 XSW XS $ 213,289 $ 192,66 $ 27,231 $ 329,995 $ 229,379 XS W $ 12,62 $ 25,53 $ 272,2 $ 83, $ 233,97 W XW $. $. $ 191,833 $ 9, $ 166,375 XW 3 1 TOTAL Copyright 27 Tucson Association of REALTORS 7

8 OCTOBER 27 RESIDENTIAL SALES STATISTICS Active Listings October 27 12, 1, 8, 6,, 2, FEB,215,331,559,85,771,71,623,59,16 3,982,716,78,859,56 5,172 5,221,856,75 3,7 3,262 6,99 7,17 9,72 9,87 MAR APR MAY,3,359,2,79,613,525,739,569,52,1,186 3,981 3,938 3,91 3,88,69,78,255,953,868,77 5,26 5,2,75,668,55,37 3,93 3,6 3,882 7,577 8,131 8,23 1,185 1,,387 9,721 JUN JUL,513,58,387,382,363,12 3,85 3,78 3,876 3,98,179,1,772,778,628,6,123 3,926 3,969,62 8,725 8,955 8,665 8,692 AUG SEP OCT NOV,7,73,76, 53,59,68,6266,776, 67,657,6,579,683, 576,517 3,812 3,91,21 3, 888 3,777,2,229,56, 81,22,128,8,6, 528,597,837,968 5,13 5, 67,816,59,7999,821, 69,639 3,927 3,976 3,838 3, 633 3,383,5,8 5,33 5, 55 5,57 9,1 9,297 9,336 9, 238 8,518 8,95 9,19 9,313 Area # of Listings N 762 NE 2 NW 26 XNE 13 XNW 128 C 1159 E 5222 S 623 SE 789 SW 776 XSW 378 XS 667 W 56 XW 7 Active Listings Unit Breakdown Active Listings Price Breakdown TH/NC % CND/NC % SFR/NC CND/NC MH 52.85% MH % TH/NC SFR/ NC 7, % 29,999 under 3, 39,999, 9,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 1, 159,999 16, 179,999 18, 199,999 2, 29,999 25, 299,999 3, 399,999, 99,999 5, 79,999 75, 999,999 1,, and over , 1,,2 1, ,19 1,333 1,6 1,8 1,68 Copyright 27 Tucson Association of REALTORS 8

9 OCTOBER 27 RESIDENTIAL SALES STATISTICS Averagee Days on Market/Listing October FEB MAR APR MAY JUN JUL AUG SEP OCT NOV Area N NE NW XNE XNW C E S SE SW XSW XS W XW Avg. DOM N/A Annual Comparison Average Days on Market/Listing Averagee Days on Market/Listing Breakdown Days % Days % Days 37.7% 3 Days % FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 61 9 Days % 31 6 Days % Copyright 27 Tucson Association of REALTORS 9

10 OCTOBER 27 RESIDENTIAL SALES STATISTICS New Listings October 27*, 3,5 3, 2,5 2, 1,5 1, 5 FEB MAR APR MAY ,623 1,553 1,72 1,772 1,376 1,62 1,287 1, 1,87 1,2 1,526 1,5 1,588 1,76 1,527 1,7 1,32 1,61 1,56 1,328 1,57 1,258 1,3 1,1 1, ,8 1,512 1,71 1,59 1, ,12 1,695 1,897 1,951 1,755 JUN JUL 1,31 1,518 1,25 1,317 1,321 1,3 1,76 1,388 1,392 1,288 1,585 1,62 1,71 1,782 AUG SEP OCT NOV 1,216 1,2111 1,377 1, ,275 1,9 1,33 1, ,2 1,76 1,5 1, ,29 1,1 1,33 1, ,57 1,15 1,52 1, ,67 1,57 1,777 1,352 1,15 1,726 1,8511 1,952 1,59 1,191 Area # of Listings N 193 NE 13 NW 657 XNE XNW 2 C 281 E 13 S 196 SE 216 SW 198 XSW 72 XS 162 W 1555 XW ,261 1,882 1,977 1,877 1,76 1,811 1,889 1,798 1,7999 1,91 1,528 1, ,2 1,831 2, 1,91 1,816 1,898 1,896 1,789 1,85 1,75 1,539 1, ,97 1,57 2,15 2,12 2,21 2,293 2,132 2,351 2, 2,7 2,313 1, ,29 2,973 3,25 2,892 3,169 3,232 2,867 3,15 2,97 2,886 2,38 1, ,99 2,376 2,71 3,85 2,96 2,82 2,766 2,337 2,97 2,399 *Includes properties that were re listed Misc. MLS Information October 27 Month January 27 February 27 March 27 April 27 May 27 June 27 July 27 August 27 September 27 October 27 #Expired WD Release WD Temp Re-Lists Copyright 27 Tucson Association of REALTORS 1

11 OCTOBER 27 RESIDENTIAL SALES STATISTICS Sale Price by Bedroom to ,999 under 3, 39,999, 9,999 5, 59,999 6, 69,999 or More ,999 under 3, 39,999, 9,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 7, 79, , 89,999 9, 99,999 1, 119,999 12, 139,999 1, 159,999 16, 179,999 18, 199,999 2, 29,999 25, 299, , 159, , 179,999 18, 199,999 2, 29,999 25, 299,999 3, 399,999, 99,999 5, 79,999 75, 999,999 1,, over 3, 399, , 99,999 5, 79,999 75, 999,999 1,, over 29,999 under 3, 39,999, 9,999 5, 59,999 6, 69,999 Total ,999 under 3, 39,999, 9,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 1, 159, , 179,999 18, 199,999 2, 29,999 25, 299,999 3, 399,999, 99,999 5, 79,999 75, 999,999 1,, over , 159, , 179,999 18, 199,999 2, 29,999 25, 299,999 3, 399, , 99,999 5, 79,999 75, 999,999 1,, over Copyright 27 Tucson Association of REALTORS 11

12 Tucson Association of REALTORS, Real Estate Trend Indicator Tucson, AZ From: 1/1/27 to 1/31/27 Statistics generated on: 11/5/27 Residential Listing Statistics Active Listings Days on Market # Per Total Active Total Contingent Total Capa Total Pending Total Inventory Sept. Sold Area Area of Units Sold Under $29,999 N Days 27 $3, to $39, NE Days 177 $, to $9, NW Days 137 $5, to $59, XNE Days 98 $6, to $69, XNW Days 9 $7, to $79, C 1159 Over 18 Days 37 $8, to $89, E 522 $9, to $99, S 623 $1, to $119, SE 789 $12, to $139, SW 776 $1, to $159, XSW 378 $16, to $179, XS 667 $18, to $199, W 56 $2, to $29, XW 7 $25, to $299, Sold Units per $3, to $39, N 52 $35, to $399, NE 38 $, to $9, NW 219 $5, to $99, XNE $5, to $79, XNW 5 $75, to $999, C 11 $1,, to $1,29, E 55 $1,25, to $1,99, S 61 $1,5, to $1,999, SE 91 $2,, to $2,999, SW 57 $3,, and over XSW 17 XS Totals 9, ,36 79 W 37 XW Oct. 27 Oct. 26 % Change YTD 27 YTD 26 % Change Home Sales Volume $27,178,37 $292,2,7 29.1% $3,61,6,97 $3,66,385, % Home Sales Units 79 1, % 11,152 13, % Average Sales Price (All Residential) $262,251 $266, % $27,8 $271, % Median Sales Price $21, $211,5.71% $22, $22,.% Average Days on Market: % % Average List Price for Solds: $276,89 $277,176.39% $ 285,711 $ 279, % SP/LP % 9.99% 96.28% 96.7% 97.3% Pending Contracts(Not yet closed in escrow) % Active Listings 9,313 9,336.25% New Listings 2,399 2, % Avg. Days on Market 7 Avg. Sold Price $262,251 Avg. Median Price $21, here are deemed to be substantially correct, neither the Tucson Association of Realtors nor the MLS guarantees nor is Copyright 27 Tucson Association of REALTORS