Real Estate Market Update for 85711 (Tucson, AZ)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 12% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 75%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 130-thousand dollars. The number of units sold decreased 12% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 85711 (Tucson, AZ)
Area Information for 85711 (Tucson, AZ)
  • Population: 42,078
  • Median Age: 35.22 yr
  • Median Commute Time: 17.56 mins
  • Educational Climate*: 3
  • Sales Tax: 6.1%
  • Population Density: 4,921/sq mi
  • Population Change Since 2000: -3.44%
  • Closest Airport: Tucson International
  • Closest College: University Of Phoenix-southern Arizona
  • Closest Jr. College: Pima Community College
  • Median Household Income: $36,074
  • Annual Residential Turnover: 23.67%
  • Median Years in Residence: 2.65 yr
  • Median Home Sales Price: $99,000
  • Closest Major Sports Team: Tucson Padres
  • Change Avg. Household Income Since 2000: 17%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85711 (Tucson, AZ)
Median Age: 35.22 Married: 24% Number of Households: 17,802 Households with Children: 5,115
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85711 (Tucson, AZ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Bonillas Elementary Basic Curriculum Magnet School 0.3 mi Public K-5 2 4
      Alice Vail Middle School 0.4 mi Public 6-8 2-5 3
      St. Joseph Catholic School 0.6 mi Catholic PRESCHOOL-8 0 4
      Academy Del Sol Broadway 0.8 mi Public K-6 0 0
      Myers-ganoung Elementary School 0.9 mi Public PRESCHOOL-5 1 1
      University High School 0.9 mi Public 9-12 5 4
      Rincon High School 0.9 mi Public 9-12 2-5 3
      Tuller School 1.0 mi Private PRESCHOOL-8 0 4
      Lineweaver Elementary School 1.1 mi Public K-5 3-5 4
      Mary Meredith K-12 School 1.1 mi Public K-12 0 0
      Anshei Israel Preschool And Kindergarten 1.1 mi Private PRESCHOOL-K 0 0
      Sky Islands High School 1.1 mi Public 9-12 3 4
      Naylor Middle School 1.2 mi Public K-8 1 3
      Roberts Elementary/middle School 1.2 mi Public K-5 0 0
      W Arthur Sewel Elementary School 1.3 mi Public K-5 3-5 4
      Howell Peter Elementary School 1.5 mi Public K-5 2 4
      Little Beaver School 1.6 mi Private PRESCHOOL-3 0 0
      Faith Lutheran School 1.7 mi Private PRESCHOOL-8 0 4
      Children Reaching For The Sky Preparatory 1.8 mi Public PRESCHOOL-8 0 3
      Future Investment Middle School 1.8 mi Public 6-8 1 0
      St. Michael's School 1.9 mi Private K-8 0 4
      Canyon Rose Academy 2.2 mi Public 9-12 1 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 85711 (Tucson, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.