Tucson Arizona Real Estate Market Report: December 2011 Zip Code 85748

Tucson Arizona Real Estate Market Report: December 2011 for East Tucson Zip Code 85748

Recent Sales Activity:

18 homes sold last month in this east side area of Tucson and it was 5 more than December 2010.

The average list price for homes that closed in 85748 was $186,515 in December 2011.

The average list price for houses that sold in December 2010 was $173,937.

Houses that closed in this area for December 2011 sold for 98,5% of asking price.

Houses that closed in this area for December 2010 sold for 91.6% of asking price

The average Sales price for homes that closed in 85748 was $183,658 in December 2011.

The average Sales price for homes that closed in 85748 was $159,146 in December 2010.

The average Market time for homes that closed here was 83 days in December 2011.

The average Market time for homes that closed here was 139 days in December 2010.

9 homes went under contract in 85748 in December 2011. The average list price for homes that went under contract was $195,440. The average time on market for these homes was 92 days.

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Thinking of buying or selling a home in the 85748 zip code or the Greater Tucson Area? I welcome the opportunity to serve you.

I'm Kevin Wood of Keller Williams Realty, and I'm the author of this post. You can reach me through email at Kevin@LiveHereTucson.com , 520.260.3123, or visit my website at LiveHereTucson.com. I have helped people like you move in and out of Tucson for 7 years. In a previous career, I represented Honda Automobile Corporation in Toledo, Ohio for 10 years. During that time, I placed among the top 5% of all sales consultants nationwide for overall client satisfaction and volume. My office is conveniently located on Kolb Road 1/4 mile south of Tanque Verde. Thanks again for visiting!