773 single family homes sold in 2014 – DOWN 12.5% vs. 880 in 2013
350 sold in 85718 zip
349 sold in 85750 (scout’s honor)
74 sold in 85704
649 were 1 story homes
124 were 2+ story
154 were from 0 to 2000 sq.ft.
370 from 2001 to 3000 sq.ft.
149 from 3001 to 4000 sq.ft.
56 from 4001 to 5000 sq.ft.
39 from 5001 to 7500 sq. ft.
1 from 7501 sq. ft. & UP (@ 7831 sq. ft.)
58 had 1 - 2 bedrooms
630 had 3 – 4
85 had 5 or more
18 were built from the beginning of time up to 1960
250 from 1961 to 1980
356 from 1981 to 1999
149 from 2000 on
422 had swimming pools
351 did not
231 were in gated communities
542 were not
133 were in Amphitheater School District
428 in Catalina Foothills
212 in Tucson Unified School District
404 were frame stucco construction
81 were burnt adobe, mud adobe or rammed earth
114 were slump block
174 were some form of masonry, stone, concrete, brick or a combination of
14 were short sales
36 were foreclosures
all 773 sold in an average of 103 CDOM (cumulative days on the market)
vs. 99 CDOM in 2013
all 773 sold at an average of 96.2% of final list price (after price cuts, relisting,etc.)
vs. 96.4% in 2013
average/median sold price;
$$491,938/$400,000 – UP 6%/1.3% vs. 2013’s $463,994/$395,000
average $/sf sold price $169/sf vs. $163/sf in 2013
highest priced sale - $3,700,000 (in the Canyons)
lowest priced sale - $101,100 (in Northmanor)
highest $$/sf - $706/sf (for the $3.7 house in the Canyons)
2nd highest $$/sf - $356/sf (in the Mountain Estates of Ventana)
lowest $$/sf - $59/sf (a foreclosure in Sabino Vista South)
197 were cash sales
508 were conventional mortgage loans
19 were FHA loans
4 were owner carrybacks
42 were VA
3 were financed by other creative means
And the ‘come from behind’ upset of the year, 47 homes sold for $1,000,000+
vs. 33 sold in 2013.
Happy New Year!
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