Monthly Statistical Digest

Transcription

1 Tucson Association of REALTORS Monthly Statistical Digest September 27 FOR IMMEDIATE RELEASE: October 1, 27 CONTACT: Judy Lowe, President - (2) Rick Hodges, CEO - (2) LETTER FROM THE PRESIDENT ONCE AGAIN, according to the Tucson Association of REALTORS Multiple Listing Service September 27 housing report, we see an increase in new contracts opening escrow (989 units) compared to the same month in 26. This is the fourth month this has occurred - thus supporting the belief the local Tucson real estate market has stabilized. There is still a surplus of listing inventory (9,19) especially in specific areas of the community, which may require particular attention of the Sellers and Listing Agents to the "up to the minute" values and the condition of the property. The average sales price continues to climb, with September average being $279,2. However, as we see with seasonality, the median sales price showed a decline to $21,, which should not impact the 27 year to date median average of $22,29. It's impossible to time any market. Right now, interest rates are very favorable, buyers have lots of options, and there are many mortgage programs available to meet the needs of today's buyers. 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 SEPTEMBER 27 RESIDENTIAL SALES O V E RVIEW Sales Snapshot Home Sales Volume Decreased 3.27% from $273,322,2 in September 26 to $19,7,76 in September 27. Graph on page. Home Sales Units Decreased 36.8% from 1,77 in September 26 to 683 in September 27. Graph on page 3. Sales Analysis Pending Contracts Continue Year-Over-Year Increase Pending contracts totaled 989 in September 27, up 32.% over September 26. Average Sales Price Rises Again! The average sales price continues to rise. September s average sale price increased 9.9% from $23,781 in September 26 to $279,2 in September 27. Average Sales Price (all residential types) Increased 9.9% from $23,781 in September 26 to $279,2 in September 27. Page. Median Sales Price Increased 2.38% from $21, in September 26 to $21, in September 27. Page 6. Pending Contracts (not yet closed in escrow) Increased 32.% from 77 in September 26 to 989 in September 27. Graph on page 6. Active Listings Decreased 1.1% from 9,297 in September 26 to 9,19 in September 27. Graph on page 8. New Listings Decreased 1.1% from 2,97 in September 26 to 2,97 in September 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 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Total Unit Sales September 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 61 TH/THNC 8.93% % MH.73% 28.1% ,2 1, ,67 1, 1 1,232 1,98 1, ,16 1,1 1, 126 1, , ,69 1,8 1, 22 1,17 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, ,22 1,81 SFR/SFRNC % ,2 1,36 1, 1,33 1,718 1,3 1,68 1,27 1,29 1,29 1, ,86 1,33 1,2 1,89 1, 679 1,88 1,8 1,79 1, 1,368 1,219 1, ,8 1,1 1,66 1,26 1,2 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 12, 2, 1, 1,8 1,6 8, 1, 6, 1,2 1,, 8 6 2, 2 FEB ,2 2 1,86 1, ,8 MAR APR MAY JUN JUL AUG SEP OCT 1,36 1, 1,33 1,718 1,3 1,68 1,27 1,29 1,2 1,89 1,679 1,88 1,8 1,79 1, 1,368 1,1 1,66 1,26 1,2 1,227 1,381 1,77 1,9 NOV 1,29 1,28 1,219 1, SFR/SFRNC TH/THNC YTD 2 YTD 26 YTD 27 11,179 9,228 7,823 1,68 1, CND/CNDNC MH ,318 1,287 1,313 1,226 1,98 1, Copyright 27 Tucson Association of REALTORS 3

4 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Total Sales Volume September 27 $6 $ $ Millions $3 $2 $1 $ FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1996 $73,766, $7,339, $79,318, $91,88,39 2 $9,831, $71,92,29 $1,,3 $91,212,62 $116,68, $7,727,3 $9,218,9 $98,1,2 $12,162,6 $79,1,1 $118,37,7 $122,36,9 $133,12,2 $13,263,9 $13,97,2 $19,93,9 $17,32,2 $117,123, $168,9,1 $17,77,9 $18,8,3 21 $16,33,2 $113,8, $16,662,2 $171,877,6 $22,6,8 22 $116,271, $139,317, $167,31,1 $19,297,9 $231,71,2 23 $13,,9 $1,7, $189,19,1 $226,1,8 $22,63,7 2 $167,132,9 $192,399, $279,26,8 $31,86,1 $31,381, 2 $29,161, $31,7, $363,9,8 $367,27, $3,8,7 26 $28,363,2 $29,89,8 $23,91,6 $6,193, $1,82,6 27 $26,9,61 $28,38, $38,181,937 $39,63,9 $368,13,99 $112,37,7 $12,39,2 $93,26,,7 $77,926,72 $18,2,7 $17,987,1 $96,27,,23 $1,219, $1,88, $16,36,8 $112,727,2 $11,,2 $196,838,9 $162,676,3 $12,7, $123,1, $182,71, $17,838, $16,61, $13,89, $19,66,7 $199,29,9 $18,892,9 $136,367,9 $196,799, $199,21, $189,73,3 $13,6, $2,199, $239,869,7 $229,97, $22,633,6 $36,63, $311,318, $3,96,7 $26,33,8 $97,2, $12,3, $77,37,7 $3,31,3 $17,12,1 $33,8,8 $37,671, $273,322,2 $36,932,899 $29,33,32 $279,136,83 $19,7,76 $79,11,86 $72,69,87 $78,736,9 $1,2,6 $7,73,36 $9,23,92 $11,98,3 $12,12,2 $119,2, 3 $12,791,1 $11,23, $119,86, 9 $123,679,8 $137,68,2 $12,288, $139,188,8 $12,63,9 $127,9, $18,339,7 $18,1,9 $187,36, 9 $218,31, $166,7, $189,933, 7 $273,, $28,237,3 $273,3, 7 $3,266, $32,188,9 $331,13, 7 $292,2,7 $262,678, $26,382, 1 Annual Comparison Monthly Volume by Type $ $ $ $ TH/NC $13,736, % CND/NC $9,38,797.92% $3,3, 1.7% MH $9,.31% $3 Millions $3 $2 $2 $1 $1 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV SFR/NC $163,1,1 8.8% 2 $29,161, $31,7, $363,9,8 $367,27, $3,8,7 $97,2, $12,3, $77,37,7 $3,31,3 $3,266, $32,188,9 $331,13,7 26 $28,363,2 $29,89,8 $23,91,6 $6,193, $1,82,6 $17,12,1 $33,8,8 $37,671, $273,322,2 $292,2,7 $262,678, $26,382, 1 27** $26,9,61 $28,38, $38,181,937 $39,63,9 $368,13,99 $36,932,899 $29,33,32 $279,136,83 $19,7,76 Copyright 27 Tucson Association of REALTORS

5 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Averagee Sales Price September 27 $3, $3, $2, $2, $1, $1, $, $ FEB MAR APR MAY JUN JUL AUG SEP OCT NOV $117,6 $13,29 $133,77 $1,69 $1,761 $12,368 $13,9 $13,62 $128,273 $11,71 $1,9 $19,99 $12,738 $129,372 $137,888 $19,281 $11,98 $1,3 $119,777 $12,3 $137,8 $1,211 $16,21 $16, $129,21 $131,16 $12,3 $1,12 $19,929 $16, $16,89 $16,1 $179,96 $229,3 $273,69 $272,29 $16,873 $167,676 $187,89 $23,23 $27,98 $26,27 $16,96 $171,683 $27,72 $238,367 $282,39 $271,762 $167,9266 $181,37 $26,22 $26,666 $277,76 $278,9922 $178,7 $181,9 $2,76 $28,83 $269,217 $28,89 $13,637 $132,981 $128,276 $12,83 $132,66 $132,99 $128,19 $137,66 $1,287 $138,18 $13,39 $132,79 $19,772 $18,17 $1,7 $139,718 $16,16 $17,61 $1,999 $1,838 $162,269 $167,391 $167,779 $19,122 $169,9 $17,83 $178,9 $163,8 $19,688 $18,1 $178,6911 $188,293 $212,78 $21,666 $2,1 $27,81 $27, $26,29 $26,97 $22,1 $273,71 $273,717 $268,88 $23,781 $298,77 $268,983 $273,9322 $279,2 $12,382 $129,19 $131,228 $136,616 $13,712 $133,69 $13,7 $133,133 $11,2333 $12,782 $1,3 $1,8 $1,829 $162,27 $162,3333 $12,9 $16,26 $16,3166 $166,822 $179,1 $183,111 $186,31 $172,13 $17,72 $211,2 $213,96 $213,196 $29,698 $26,97 $266,731 $266,8 $267,93 $261,38 Averagee Sales Price by Type September 27 Average Sale Price per Area September 27 $7, $119, % MH $118, % SFR/NC $31, 3.72% $6, $, $, $3, $2, $1, CND/NC $13, % TH/NC $199, % $ N NE NW XNE XNW C E S SE SW XSW XS W XW Copyright 27 Tucson Association of REALTORS

6 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Median Sale Price by Type Total Listings Under Contract $116, 1.86% MH $76, 1.3% SFR/NC $239, % 3, 2, 2, 1, 1, FEB MAR APR MAY JUN JUL AUG SEP OCT NOV ,38 1, ,2 1, ,21 1,18 1,1 1,228 1, ,3 1,216 1, CND/ /NC $12, 19.33% TH/NC $16, 21.79% ,89 1,28 1,168 1,26 1,217 1,131 1, , ,18 1,2 1,1 1, 1,27 1,3 1,33 1,33 1,21 1,23 1,21 1, ,319 1,1 1,71 1,719 1,712 1,68 1,62 1,1 1,316 1,1 1,233 1,1 2 1,7 1,676 2,6 2,766 2, 1,978 1,916 1,71 1,62 1,72 1,93 1,282 SFR/NC TH/NC CND/NC MH 2 1,29 1,881 2,188 2,28 2,391 2,27 2,28 1,961 1,877 1,766 1,28 1, ,672 1,796 2,2 1,928 2,19 1,712 1, ,9 1,192 1,217 1,191 2,3 1,777 1,2 989 Median Sale Price September 27 $2, $2, $1, $1, $, $ FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1997 $17, 1998 $18, 1999 $113, 2 $19,9 21 $119, 22 $12,73 23 $13,37 2 $18, 2 $17,29 26 $21,87 27 $22,36 $11, $12, $1, $1, $17, $18, $13, $13,9 $11, $11, $112,9 $117,9 $116, $112, $19, $11, $11, $12, $127, $119,9 $11,9 $112, $117, $118,9 $12, $12, $121, $12,9 $116, $12,7 $129, $127, $129, $129, $129,9 $128,9 $127,678 $13,89 $139, $137,9 $138, $1, $139, $137, $1, $1, $12, $17, $17, $18,7 $16, $19, $161, $167,733 $16,3 $167, $18, $19, $196, $26, $219, $22, $219, $227, $218, $219,2 $221,2 $22, $22, $22,9 $22, $222, $22,91 $223, $229, $218,7 $22, $19, $112, $12,9 $1, $18, $19, $11, $111,96 $11, $112, $11,2 $117, $121, $119,9 $12, $12, $12,8 $123, $129, $12, $132,82 $136, $1, $138, $16, $1, $11, $1, $168, $162, $17, $169, $219, $22, $226, $22, $21, $211, $218, $21, $21, Copyright 27 Tucson Association of REALTORS 6

7 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Number of Sold Listings by Area Annual Comparison,, 3,, 3,, 2,, 2,, 1,, 1,, N NE NW XNW C E S SE SW XSW XS W XW YTD 2 1,16 8 3,, ,167 1, ,8 1, YTD 26 1, ,, ,87 1, , YTD ,, 126 1, Averagee Sold per Area by # of Units Sold per Area by # of All All N $ 379,379 $ 2,91 $ 971,21 $ 1,3,333 $ 62,732 N NE $ 17,17 $ 3,77 $ 2,292 $ 1,1,7 $ 11,863 NE NW $ 27,26 $ 27,36 $ 371,2 $,17 $ 31,13 NW XNW $. $ 11,3 $ 189, $. $ 17,83 XNW 1 6 C $ 1,76 $ 21,8 $ 26,7 $. $ 187,71 C 7 1 E $ 162,1 $ 237,2 $ 27,7 $ 6, $ 231,931 E S $ 137,983 $ 11,667 $ 198,39 $ 98, $ 17,73 S SE $ 163, $ 232,1 $ 26,23 $ 26, $ 21,282 SE SW $ 99,22 $ 173,988 $ 28,129 $. $ 173,7 SW XSW $ 18,8 $ 21,7 $ 277,7 $. $ 197,713 XSW XS $ 166, $ 21,918 $ 23,21 $ 317, $ 2,92 XS W $ 132,17 $ 22,369 $ 38,917 $ 8, $ 2,69 W XW $. $ 1,2 $ 19, $. $ 11,2 XW 1 TOTAL Copyright 27 Tucson Association of REALTORS 7

8 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Active Listings September 27 12, 1, 8, 6,, 2, FEB,21,331,9,8,771,71,623,9,16 3,982,716,78,89,6,172,221,86,7 3,7 3,262 6,99 7,17 9,72 9,87 MAR APR MAY,3,39,2,79,613,2,739,69,2,1,186 3,981 3,938 3,91 3,88,69,78,2,93,868,77,26,2,7,668,,37 3,93 3,6 3,882 7,77 8,131 8,23 1,18 1,,387 9,721 JUN JUL,13,8,387,382,363,12 3,8 3,78 3,876 3,98,179,1,772,778,628,6,123 3,926 3,969,62 8,72 8,9 8,66 8,692 AUG SEP OCT NOV,7,73,76, 3,9,68,6266,776, 67,67,6,79,683, 76,17 3,812 3,91,21 3, 888 3,777,2,229,6, 81,22,128,8,6, 28,97,837,968,13, 67,816,9,7999,821, 69,639 3,927 3,976 3,838 3, 633 3,383,,8,33,,7 9,1 9,297 9,336 9, 238 8,18 8,9 9,19 Area # of Listings N 739 NE 28 NW 2,9 XNE 1 XNW 138 C 1,171 E 222 S 61 SE 813 SW 79 XSW 3 XS 6 W 39 XW 71 Active Listings Unit Breakdown Active Listings Price Breakdown TH/NC % CND/NC % SFR/NC CND/NC MH 9.89% MH % TH/NC SFR/NC 7,37 8.% 29,999 under 3, 39,999, 9,999, 9,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 1, 19,999 16, 179,999 18, 199,999 2, 29,999 2, 299,999 3, 399,999, 99,999, 79,999 7, 999,999 1,, and over , 1, , 1,6 1,229 1,3 1,8 2, 1,72 Copyright 27 Tucson Association of REALTORS 8

9 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Averagee Days on Market/Listing September 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 38.6% 3 Days % Days % 2 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 61 9 Days % Copyright 27 Tucson Association of REALTORS 9

10 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS New Listings September 27*, 3, 3, 2, 2, 1, 1, FEB MAR APR MAY ,623 1,3 1,72 1,772 1,376 1,62 1,287 1, 1,87 1,2 1,26 1, 1,88 1,76 1,27 1,7 1,32 1,61 1,6 1,328 1,7 1,28 1,3 1,1 1, ,8 1,12 1,71 1,9 1, ,12 1,69 1,897 1,91 1,7 JUN JUL 1,31 1,18 1,2 1,317 1,321 1,3 1,76 1,388 1,392 1,288 1,8 1,62 1,71 1,782 AUG SEP OCT NOV 1,216 1,2111 1,377 1, 786 1,27 1,9 1,33 1, ,2 1,76 1, 1, ,29 1,1 1,33 1, ,7 1,1 1,2 1, ,67 1,7 1,777 1,32 1,1 1,726 1,811 1,92 1,9 1,191 Area # of Listings N 1911 NE 1211 NW 6 XNE 3 XNW 6 C 333 E 168 S 168 SE 2 SW 178 XSW 86 XS 162 W 12 XW ,261 1,882 1,977 1,877 1,76 1,811 1,889 1,798 1,7999 1,91 1,28 1, ,2 1,831 2, 1,91 1,816 1,898 1,896 1,789 1,8 1,7 1,39 1, ,97 1,7 2,1 2,12 2,21 2,293 2,132 2,31 2, 2,7 2,313 1, ,29 2,973 3,2 2,892 3,169 3,232 2,867 3,1 2,97 2,886 2,38 1, ,99 2,376 2,71 3,8 2,96 2,82 2,766 2,337 2,97 *Includes properties that were re listed Misc. MLS Information September 27 Month January 27 February 27 March 27 April 27 May 27 June 27 July 27 August 27 September 27 #Expired WD Release WD Temp Re-Lists Copyright 27 Tucson Association of REALTORS 1

11 SEPTEMBER 27 RESIDENTIAL SALES STATISTICS Sale Price by Bedroom to ,999 under 3, 39,999, 9,999, 9,999 6, 69,999 or More ,999 under 3, 39,999, 9,999, 9,999 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, 19,999 16, 179,999 18, 199,999 2, 29,999 2, 299, , 19, , 179,999 18, 199,999 2, 29,999 2, 299,999 3, 399,999, 99,999, 79,999 7, 999,999 1,, over 3, 399, , 99,999, 79,999 7, 999,999 1,, over 29,999 under 3, 39,999, 9,999, 9,999 6, 69,999 Total ,999 under 3, 39,999, 9,999, 9,999 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, 19, , 179,999 18, 199,999 2, 29,999 2, 299,999 3, 399,999, 99,999, 79,999 7, 999,999 1,, over , 19, , 179,999 18, 199,999 2, 29,999 2, 299,999 3, 399, , 99,999, 79,999 7, 999,999 1,, over Copyright 27 Tucson Association of REALTORS 11

12 Tucson Association of REALTORS, Real Estate Trend Indicator Tucson, AZ From: 9/1/27 to 9/3/27 Statistics generated on: 1//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 19 $3, to $39, NE Days 163 $, to $9, NW Days 12 $, to $9, XNE Days 76 $6, to $69, XNW Days 91 $7, to $79, C 1171 Over 18 Days 38 $8, to $89, E 22 $9, to $99, S 61 $1, to $119, SE 813 $12, to $139, SW 79 $1, to $19, XSW 3 $16, to $179, XS 6 $18, to $199, W 39 $2, to $29, XW 71 $2, to $299, Sold Units per $3, to $39, N 6 $3, to $399, NE $, to $9, NW 181 $, to $99, XNE $, to $79, XNW 6 $7, to $999, C 1 $1,, to $1,29, E 2 $1,2, to $1,99, S 39 $1,, to $1,999, SE 68 $2,, to $2,999, SW 39 $3,, and over XSW 2 XS 26 Totals 9, , W 3 XW Sept. 27 Sept. 26 % Change YTD 27 YTD 26 % Change Home Sales Volume $19,7,76 $273,322,2 3.27% $2,81,99,73 $3,39,212, % Home Sales Units 683 1, % 1,269 12, % Average Sales Price (All Residential) $279,2 $23, % $277,729 $272, % Median Sales Price $21, $21, 2.38% $22,19 $221,18.% Average Days on Market: 73 6.% % Average List Price for Solds: $291,3 $267, % $ 286,739 $ 279,31 2.6% SP/LP % 9.77% 9.78% 96.86% 97.1% Pending Contracts(Not yet closed in escrow) % Active Listings 9,19 9, % New Listings 2,97 2,97 1.1% Avg. Days on Market 73 Avg. Sold Price $279,2 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