Ability Realty
Barry Fotheringham, Broker
7360 E. 22nd Street,
Tucson, AZ 85710
Last month I stated we are probably going to coast for a few months. I did not like saying that but it had to be said. Look at this months statistics and we are indeed coasting. Most every thing went in the opposite direction that it should, which was not bad, but we should be doing better than I see and have heard how great the economy is doing by our current President. Who is he trying to fool?
| Mar 2014 | Apr 2014 | May 2014 | Jun 2014 | Jul 2014 | Aug 2014 |
|
|---|---|---|---|---|---|---|
Average Sales Price | $200,479 | $197,066 | $204,561 | $211,600 | $205,259 | $205,084 |
Median Sales Price | $162,000 | $164,900 | $167,000 | $168,815 | $170,000 | $163,000 |
Total Units Sold* | 1131 | 1301 | 1215 | 1297 | 1176 | 1158 |
Active Listings | 5705 | 5466 | 5394 | 5284 | 5149 | 5155 |
Days On Market | 62 | 65 | 64 | 62 | 60 | 65 |
Listings Under Contract** | 2173 | 2127 | 2068 | 1949 | 1830 | 1655 |
Sales Over $500,000 | 47 | 50 | 49 | 56 | 50 | 44 |
| The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables. * Closed during the month. ** For the current month (not the total listing under contract) |
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I firmly believe we will get out of this, but I have been waiting a long time (Over 5 years) to see a real change. Maybe Congress should stay in DC until they get some real change in our Tax structure and fix all the tax items that got pushed through under the Obamacare Law. Not one Republican in the house voted for that, so you know who you can thank!
If Tucson can ever attract major manufactures we would work our way out of a service oriented economy. We wont get Tesla but we did make some news that we were open to a large company coming here.
I want to wish the family that has put in the infrastructure for the The Port of Tucson, 800-acre foreign trade zone the best in their endeavors. You deserve all the good fortune that is out there. I hope you make a pile of money and keep all that you can.
Again I ask you to vote this November 4th and take the time to learn all you can about the candidates. I would like to tell you how to vote but that is really up to you. We the people need to do something about this not action Congress.
If you are thinking about buying call me at 520-240-7130 I can help find a good Lender and assist you through the process.
Sep 12, 2014 No comments yet Share