Tucson MLS Statistics May 2019

It’s that time again! When the Tucson Association of Realtors releases the stats for the month prior. So what do the statistics for the Tucson real estate market in May 2019 mean?

It’s A Seller’s Market – Is Your Home Ready to Sell?

Tucson Association of Realtors statistics are showing the market for home sellers growing stronger month to month! Now is a great time to consider listing your home. Average prices are rising and days on market are reducing. This means inventory is low and buyers will pay a premium to get into a house! We typically see the market slow down as we get closer to the holidays, around October. We would be happy to provide a free, no obligation assessment of your home’s current value and potential profit margin from your home sale! We do this because often clients will come to us with under-valued or inflated numbers generated by brokerage sites that use an algorithm to determine an estimated value. Unfortunately, this value doesn’t always take into consideration updates the home may have or may need before selling. Not sure if your house is sale ready? Check out these tips on how to stage your home to sell.

To get a much more accurate assessment, send us an email at: shane@thesupallateam.com | robin@thesupallateam.com

Quick Market Turn Around

Average days on market is just 37, and total sales have increased from last month approximately 8.72%. However, our team has experienced average days on the market to be under a month from listing to close. In fact, we have had 3 listings this month that all received offers within just a couple weeks on the market, 2 of those were within the first few days! We exclusively use LUXE premium photography to make our listings stand out online, and we always cover that cost.

We attribute this success to strong cost analysis of the market and helping our clients accurately price the value of their home, our marketing team, and our diligent realtor to realtor reach out in order to find the perfect buyer.

How to Win in a Competitive First-Time Home Buyer Market

The average sales price is holding steady at around $277,228. However, this indicates that the market for first-time buyers or downsizers is still very competitive.

When the market is this competitive, you need a highly diligent agents watching the market like a hawk for you (yes, The Supalla Team) if you are searching in that price range. Why? Because those real estate listings often are sold before they even hit MLS or popular listing sites such as Zillow. By having an agent support your search while you spend your time focused on life, we can accurately find the perfect well-priced home for you before anyone else gets it!

We have several upcoming listings that might be exactly what you are looking for!

So give us a call and let us show you how WE make the difference for you! It’s the little details that make us among the top 5% of realtors in Tucson.