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Cochise County Arizona Sold Market Analysis

Sold Market Analysis

(Residential Listings)

February 2010

Another average month here in Sierra Vista. First time home buyers are still dominating the market and being in a military town.... VA loans are the loan of choice.

No. of Listings

Dollar Volume

Average Price

Median Price

Average DOM

RESIDENTIAL

OTHER

4

$766,184

$191,546

$188,604

134

CONVENTIONAL

14

$2,559,983

$182,856

$180,415

136

FHA

5

$694,000

$138,800

$141,000

89

VA

32

$6,530,074

$204,065

$200,308

132

CASH

13

$1,378,500

$106,038

$69,000

96

OWNER CARRY 1st

2

$112,500

$56,250

$56,250

132


Analysis by Area

Benson

1

$242,000

$242,000

$242,000

212

Bisbee

2

$349,750

$174,875

$174,875

98

Cochise

1

$63,000

$63,000

$63,000

92

Douglas

2

$195,000

$97,500

$97,500

71

Elfrida

1

$32,000

$32,000

$32,000

99

Hereford

10

$1,703,225

$170,323

$168,113

184

Huachuca City

2

$271,000

$135,500

$135,500

99

McNeal

1

$41,000

$41,000

$41,000

116

Palominas

1

$350,000

$350,000

$350,000

364

Sierra Vista

46

$8,542,366

$185,704

$193,158

109

Tombstone

3

$251,900

$83,967

$83,000

117

Totals

70

$12,041,241

$172,018

$178,000

123

Non Co-op Sales

20

$2,790,200

$139,510

$123,450

97

Co-op Sales

50

$9,251,041

$185,021

$183,163

134

All Sold Listings

70

$12,041,241

$172,018

$178,000

123

Posted Tuesday Mar 09