Tucson Luxury Real Estate Review June 2013
June 2013 marked the year that the Tucson Luxury real estate market improved since 2007. The number of closing that occurred in June of 2013 was 50 percent above June 2012. There were 12 luxury closing in June 2013. It took approximately 19.2 months to sell a luxury property in Tucson, Arizona as compared to 27.6 in June of 2012.
The Tucson Multiple Listing Service reported the median price of luxury sold homes in June 2013 was $952,500, which is down 11 percent from the same time as last year. The median is considered the threshold which divides the real estate market by two or half. A simple way to think about it would be that just as many homes sold above as below the threshold.
Currently, the number of Tucson luxury homes on the market in June 2013 was 222, which was reported as the same as last year. The average luxury home price recorded for June 2013 was $1.16m with 39 sales for Tucson Luxury homes priced over $750,000 and above. There were 5 sales recorded in June 2013 above $1,000,000.
June 2013 Luxury Home Sales:
- 14249 N. Honey Bee Trail, Oro Valley Arizona 85755
- 13875 N. King Air Dr., Oro Valley, Arizona 85755
- 744o N. Catalina Ridge, Tucson, Arizona 85718
- 3818 W. Cayton Mountain Dr., Marana, Arizona 85658
- 5000 E. Via Estancia Miraval 16, Tucson Arizona 85739
The Vallee Gold Team Tucson Luxury Home of The Week Goes To…
1232 E, Canada Vista Place, Tucson, Arizona 85704
Directions: North on Oracle, past Ina and Magee, to Linda Vista, turn East on Linda Vista to Canada Vista to private gated entrance.
Call Don Vallee or Kathy Vallee for a private showing
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Long Realty-Serving Tucson, Oro Valley, and Marana
A Berkshire Hathaway Affiliate
Certified Luxury Home Specialist – Laurie Moore Moore
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