December 2018

Found 13 blog entries for December 2018.


Activity in the The Sun City Grand real estate market continued to increase through November with prices rising as well.  The number of homes sold in Grand for the month of November was up 62% over October, and up 9% from last year.  The average sale price increased 3% over October and was up 9% year over year. The average days on market was 47, which is a 38% increase from October and 22% less than November 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 3.25 months, leaning toward a buyer's market.  Currently there are 90 homes on the market in Grand and 40 under contract, which foreshadows a weaker market report in December. The 12 month moving average price $311,309, continues to edge up, 6% over

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The Villas at Anthem real estate market had 1 sale in November, 1 more than October and 1 less than November 2017. There are currently 3 homes on the market in The Villas, and 4 homes currently under contract. The 12 month moving average price, $188,078 inching down a bit this month but 14% versus November 2017. 

Here are the latest stats for the month ending 11/30/18:

Active Listings: 3

Homes Pending: 4

Homes sold in last 90 days: 1 (Up 1% from Oct. '18, Down 50% from Nov. '17)

Burn rate (Inventory on market / by homes currently under contract) = 1.75

Avg. Sale price (Solds): $220,000 (Up 100% from Oct. '18, Up 5% from Nov. '17)

Avg. price per sq. ft. (Solds): $141.84 (Up 100% from Oct. '18, Down 4% from Nov. '17)

Avg. Days on

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Prices rose but sales activity slipped in the Anthem Country Club real estate market during November. The total number of homes sold in the Country Club was down 6% versus October and was down 12% from Noveber 2017.  Marking 3 months in row of declining home sales. The average sale price increased by 5% from October, but was down 22% from November 2017. The price per square foot also fell 3% from October but was up 4% year over year. But more importantly for the third month in a row the 12 month moving average slipped now at $432,032, down 2% from October and up 6% from November 2017. The days on market increased 23% over October, but was down 22% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.62 month’s

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Home sales declined for the third month in a row and prices dropped for the second month in a row in the Anthem real estate market during November.  The total number of homes sold dropped 7% from October, but was up 35% versus November 2017.  The average sale price in November was down 6% from October and down 10% from November 2017.  The price per square foot decreased 2% versus October and was up 8% year over year. The 12 month moving average ($348,620) dropped 1% from October, and is up 8% from last year.  The days on market increased to 74, up 23% versus October and down 27% from November 2017. The burn rate, (or homes under contract versus homes on the market) remains at 3.00 month’s supply, a pretty balanced market.  There are now 142 homes on

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Home sales and prices dropped in the Scottsdale real estate market during November. The number of homes sold was down 1% from October and down 11% from last November. This marks five out of the last six months of declining home sales in Scottsdale.  The average sale price decreased 2% from October but is up 4% from November 2017. The 12 month moving average sale price is up 9% from a year ago,  now standing at $579,774.  The number of homes on the market is 2,415, 3% less than October, and 8% less than November 2017.  The days on market is at 92 up 8% from last year and the burn rate (homes pending/home sold) is at 4.21 months, slowly shifting back to a buyer's market.  There are currently 752 homes under contract, foreshadowing another slow month in

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Tucson is a verdant green gem in the middle of the desert. It's refreshing. It's delightful. It's stunningly beautiful. And I get to call it home.

The Spanish name of the city, Tucsón [tukˈson], is derived from the O'odham Cuk Ṣon [tʃʊk ʂɔːn], meaning "Spring at the base of the black mountain [hill]", a reference to a basalt-covered hill now known as Sentinel Peak, also known as "A" Mountain.Tucson is sometimes referred to as "The Old Pueblo".

Follow the related links for more details on the history of the name of Tucson.

Exploring Mount Lemmon

 

 

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