Patricia Paul Properties

Patricia Paul Properties

Commentary on Tucson Area Real Estate, Home Ownership, Rental Homes, and Life around the Tucson Community

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The Tucson housing statistics for February have been published by Tucson Association of Realtors Multiple Listing Service for February 2011, and the news is positive.

   *  The total sales volume increased 23.08% over January's sales volume

   *  Total number of homes under contract increased 12.87% over January
   *  The average sales price is up 9.22% over January

   *  The average list price was up 8.43% over January (Currently $191,957)

   *  The median sales price was up 2.05% over January (Currently $137,000)

   *  The total number of units sold (879) increased 12.69% over January, and that is 18.62% more than January of 2010.

I've been saying for the last couple months that the market appears to be picking up.  These numbers support my own observations.
It is still a great time to buy a home.  There are outstanding values, and incredibly low interest rates.  
Please contact me if I can help you find a great home at a fabulous deal!

Patricia Paul, GRI ***  ***  (520) 548-2078

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