| | Tucson Market Statistics for January 2024 |  | Dear Friends,
The market continues to move in the Tucson area and the surrounding communities. Interest rates have corrected from the 8% range down to the 6.75% for a 30-year fixed rate loan. We are hoping for more rate improvements throughout the year. Here are the January 2024 market statistics:
1,961 New listings
3,551 Active listings
3.61 Months' supply of inventory
26 Average days on market
$411,211 is the average sales price (up 5.1% over last year)
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| | My Recent Sales and Listings + Buyer Needs | |
Just Sold in Oro Valley - 12291 N. Kylene Canyon in Rancho Vistoso.
4 Bedrooms/2 Baths, 1873 sqft. This was a real find for my clients completing a 1031 exchange. Rancho Vistoso is an upscale master planned community with neighborhood parks, hiking trails and walking paths. This home offers a beautiful mountain view from the front living room and a private backyard adjacent to open space. There are views of the Tortolita Mountains from the backyard and spa. Listing price $420,000. Sold price $415,000.
My Listings is Under Contract at Ft. Lowell and Columbus - 4120 E Megan Dr. in McCormick Place Townhomes. 3 Bedrooms/2 Baths, 1316 sqft. Centrally located, completely remodeled and move-in ready. NEW EVERYTHING helped this little gem sell in 9 days! Listing price $315,000.
I will disclose the sold price in my next newsletter.
My Buyer is Under Contract at Oracle and Golder Ranch Dr. - 3686 E Canter Rd. is located in Upper Northwest Tucson. 3 Bedrooms/2 Baths, 1364 sqft. We knew this was the one when we stepped into the backyard and saw the view! Finding a Single Family Home with a landscaped backyard and mountain view under 350k is rare. This move-in ready home has Great Room floorplan and tile throughout. Listing Price $349,000. I will disclose the sold price in my next newsletter.
Views of the mountains are much closer in person!
Just Listed at Swan and Sunrise - 5675 N Camino Esplendora #6136 in Dakotah Hills. 2 Bedrooms+Loft/ 2 baths, 1409 sqft condo feels like a townhome because there is no neighbor above or below. NEW 18 seer Bosch HVAC + NEW appliances, water heater, paint, fixtures and lighting throughout. Move-in ready and low maintenance living. Front courtyard and a pet door for your furry friends! For more photos and a floorplan click on link below.
Listing price $355,000.
https://sites.boompix.com/5675-N-Camino-Esplendora/idx
 
Great Room Community Pool
Buyer Needs
Buyer #1 is looking for a 4BR+den or flex space/3BA home with privacy and views. They are specifically looking in Tucson Country Club or Forty Niner's Country Club. Price point is up to $1,200,000. For a move-in ready home with no repairs or remodeling required, they are willing to go higher in price.
Buyer #2 is looking for a 3BR/2BA low maintenance, updated home in Oro Valley or Northwest Tucson on an elevated lot with mountain views. Price point is up to $750,000.
Buyer #3 is looking for a 4BR/3BA home with a pool. They are looking in the Foothills and Tanque Verde Valley. Price point is up to $800,000.
If you know of anyone thinking about selling their home, please give them my name and number.
Thank you for your business and your referrals. They both mean the world to me!
Sincerely,
Mary
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