Real Estate Market Update for Tucson, AZ
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 5% from one year earlier and up 3% from the previous month This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month... was 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 5% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 140-thousand dollars. The number of units sold Decreased 12% year-over-year and Decreased 23% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. 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 Tucson, AZ
Area Information for Tucson, AZ
  • Population: 508,644
  • Median Age: 36.96 yr
  • Median Commute Time: 19.01 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 100
  • Sales Tax: 71%
  • Population Density: 2,229/sq mi
  • Population Change Since 2000: 6%
  • Closest Airport: Tucson International
  • Closest College: Art Center Design College
  • Closest Jr. College: Pima Community College
  • Median Household Income: $38,466
  • Annual Residential Turnover: 24.93%
  • Median Years in Residence: 2.51 yr
  • Median Home Sales Price: $105,000
  • Closest Major Sports Team: Azl Cubs (r)
  • Change Avg. Household Income Since 2000: 24%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Tucson, AZ
Median Age: 36.96 Married: 35% Number of Households: 208,572 Households with Children: 61,137
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 Tucson, AZ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Santa Clara Elementary School 0.5 mi Public K-5 1 3
      Math And Science Success Academy 0.9 mi Public K-12 3-5 5
      Mission Manor Elementary School 1.2 mi Public K-5 2 4
      Liberty Elementary School 2.0 mi Public K-5 3 4
      Chapel In The Hills-pre-school 2.5 mi Private PRESCHOOL-5 0 4
      Van Buskirk Elementary School 3.4 mi Public PRESCHOOL-5 1 4
      Gallego Basic Elementary School 4.5 mi Public K-5 4 4
      Saguaro Hills Adventist Christi 4.6 mi Private PRESCHOOL-8 0 5
      Pima Vocational High School 4.9 mi Public 9-12 1 4
      Summit View Elementary School 5.0 mi Public K-5 2-5 4
      Holladay Magnet School 5.1 mi Public K-5 2 5
      Santa Cruz Catholic School 5.6 mi Catholic PRESCHOOL-8 0 4
      Borton Primary Magnet School 5.8 mi Public PRESCHOOL-5 3 4
      Carrillo Intermediate Magnet School 6.1 mi Public K-5 3 5
      Project More High School 6.5 mi Public 9-12 1 5
      Pace Alternative School 6.6 mi Public 9-12 0 0
      Billy Lane Lauffer Middle School 6.6 mi Public 7-8 3 4
      City High School 6.7 mi Public 9-12 3-5 4
      Robison Elementary School 6.8 mi Public K-5 1 4
      Miles-exploratory Learning Center 6.9 mi Public PRESCHOOL-8 3 5
      Davis Bilingual Magnet School 7.0 mi Public K-5 2-5 5
      Paulo Freire Freedom School 7.3 mi Public 6-8 4-5 4
      First Southern Christian School 7.6 mi Private PRESCHOOL-6 0 5
      Sonoran Science Academy - Davis-monthan 8.0 mi Public 6-11 4-5 4
      Sts. Peter And Paul Catholic 8.2 mi Catholic K-8 0 4
      International School Of Tucson 8.6 mi Private PRESCHOOL-5 0 4
      Salpointe Catholic High School 9.1 mi Catholic 9-12 0 4
      University High School 9.1 mi Public 9-12 5 4
      Southern Arizona Community High School 9.2 mi Public 9-12 3 3
      Helen Keeling Elementary School 9.2 mi Public K-5 2-5 3
      St. Joseph Catholic School 9.2 mi Catholic PRESCHOOL-8 0 4
      Tuller School 9.4 mi Private PRESCHOOL-8 0 4
      Montessori Schoolhouse 9.7 mi Public PRESCHOOL-5 0 4
      Desert Valley Christian School 9.8 mi Private K-8 0 5
      St. Cyril Elementary School 9.9 mi Catholic K-8 0 5
      Our Mother Of Sorrows School 10.1 mi Catholic PRESCHOOL-8 0 4
      Tucson Waldorf School 10.2 mi Private PRESCHOOL-8 0 5
      Satori Charter School 10.3 mi Public 2-8 4-5 4
      Rillito Center 10.3 mi Public PRESCHOOL-12 2 5
      Satori 10.4 mi Private PRESCHOOL-1 0 5
      St. Michael's School 10.4 mi Private K-8 0 4
      Fountain Of Life Lutheran School 10.5 mi Private PRESCHOOL-8 0 4
      Dove Christian School 10.5 mi Private 4-12 0 5
      Carden Christian Academy Central 10.6 mi Private PRESCHOOL-8 0 5
      Sonoran Science Academy - Broadway 10.6 mi Public K-8 4 4
      Ida Flood Dodge Traditional Middle Magnet School 10.7 mi Public 6-8 4 4
      Rio Vista Elementary School 11.0 mi Public K-5 3 3
      W V Whitmore Elementary School 11.1 mi Public K-5 3 4
      Arizona College Prep Academy 11.2 mi Public 9-12 4-5 4
      Family Life Academy 11.3 mi Private PRESCHOOL-5 0 5
      Beginning School 11.4 mi Private PRESCHOOL-K 0 4
      Vail Digital Learning Program 11.7 mi Public K-12 0 0
      Desert Willow Elementary School 11.8 mi Public PRESCHOOL-5 4-5 5
      Desert Christian Schools 11.9 mi Private PRESCHOOL-12 0 5
      St. Augustine Catholic High School 12.2 mi Catholic 9-12 0 5
      Carden Of Tucson 12.3 mi Public K-8 4 4
      Cottonwood Elementary School 12.6 mi Public PRESCHOOL-5 4-5 4
      Gale Elementary School 12.6 mi Public PRESCHOOL-5 4 5
      Lamb's Gate Christian School 12.8 mi Private PRESCHOOL-4 0 5
      Sky Islands High School 12.8 mi Public 9-12 3-5 4
      Dunham Elementary School 13.1 mi Public K-5 3 5
      Civano Community School 13.2 mi Public K-8 4 4
      Anna Henry Elementary School 13.2 mi Public PRESCHOOL-5 3-5 4
      Green Fields Country Day School 13.3 mi Private K-12 0 4
      Senita Valley Elementary School 13.4 mi Public K-5 4-5 5
      Rincon Vista Middle School 13.4 mi Public 6-8 0 5
      Fruchthendler Elementary School 13.4 mi Public K-5 4 5
      Casa Ninos School Of Montessori - North Campus 13.5 mi Private PRESCHOOL-PRESCHOOL 0 4
      Catalina Foothills High School 13.5 mi Public 9-12 5 4
      Faith Community Academy 13.6 mi Private PRESCHOOL-6 0 5
      Empire High School 13.7 mi Public 9-12 5 4
      J Robert Hendricks Elementary School 13.8 mi Public K-6 3-5 5
      Cornerstone Christian Academy 13.9 mi Private K-6 0 5
      Tucson Country Day School 13.9 mi Public K-8 4 4
      Sunrise Drive Elementary School 14.1 mi Public K-5 4-5 4
      Robert Richardson Elementary School 14.4 mi Public K-6 4 4
      Manzanita School 14.4 mi Public K-5 5 5
      Winifred Harelson Elementary School 15.0 mi Public K-6 4-5 5
      Butterfield Elementary School 15.3 mi Public K-6 4 4
      Ascension Lutheran School 15.5 mi Private PRESCHOOL-5 0 4
      Immaculate Heart Academy 15.6 mi Catholic PRESCHOOL-8 0 4
      Canyon View Elementary School 16.0 mi Public PRESCHOOL-5 4-5 5
      Mesa Verde Elementary School 16.0 mi Public K-5 4-5 4
      Emily Gray Junior High School 16.2 mi Public 7-8 4-5 4
      Cienega High School 16.3 mi Public 9-12 4-5 4
      St. Elizabeth Ann Seton School 16.4 mi Catholic PRESCHOOL-8 0 5
      Canyon Del Oro High School 17.0 mi Public 9-12 4-5 4
      Rattlesnake Ridge Elementary School 17.3 mi Public K-6 4 5
      Ocotillo Ridge Elementary School 17.4 mi Public K-5 4-5 4
      Ironwood Elementary School 17.5 mi Public K-6 4 4
      Tanque Verde High School 17.5 mi Public 9-12 5 4
      Sycamore Elementary School 17.6 mi Public K-5 4-5 4
      Tanque Verde Elementary School 17.6 mi Public K-6 5 4
      Agua Caliente School 17.7 mi Public PRESCHOOL-6 5 5
      Casas Christian School 19.1 mi Private K-8 0 5
      Twin Peaks Elementary School 19.1 mi Public K-6 4 4
      Basis Oro Valley 19.3 mi Public 5-10 5 5
      Desert Winds Elementary School 19.4 mi Public K-3 3-5 5
      Copper Creek Elementary School 20.1 mi Public K-5 4-5 5
      Richard B Wilson Jr School 20.1 mi Public K-8 4-5 5
      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 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.