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Green Valley AZ June 2014 Real Estate Statistics

by Judi Monday, Your Green Valley AZ Expert

For the very latest on all things Green Valley AZ Real Estate--follow Judi on

2243 Calle Casas Lindas Green Valley AZ

Updated To Impress W/High-End Finishes: Virtual Tour

Real Estate sales in June 2014 continue to trail behind 2013 with 78 sales as compared to 111 in June 2013, a 30% drop.  Year to date (YTD) there have been 536 sales as compared to 685 for the same time period last year, a 22% decrease.

The slow sales are definitely having an impact on the "absorption rate" which has to do with demand.  It is the rate at which the market absorbs the inventory of homes that are for sale--in other words how fast are homebuyers buying the homes that are available.  In June the absorption rate was 10.48 and 11.34 YTD. According to the National Association of Realtors, a Seller's market occurs when there are less than 6 months of inventory on the market and a Buyer's market when there are more than 6 months of inventory on on the market.  In other words the greater Green Valley AZ real estate market is still very much a Buyer's market. 

If you are thinking about selling your Green Valley AZ home give me a call, I'd love to hang an Another SOLD By Judi in front of YOUR house.  With more than forty-five of my listings selling in 2013--and 36 are already under contract or sold in 2014, including 2 that were on the market less than a week--I'd love to make yours the next one.  My extremely successful marketing plan WORKS...let me prove it to you. 

Green Valley AZ June 2014 Real Estate Statistics

Green Valley AZ May 2014 Real Estate Statistics

by Judi Monday, Your Green Valley AZ Expert

For the very latest on all things Green Valley AZ Real Estate--follow Judi on

1124 Camino Urbano, Green Valley, AZ 85622

Come Home To Updated Mirmar In Canoa Ridge: Virtual Tour

Real Estate sales in May 2014 continue to trail behind 2013 with 93 sales as compared to 119 in May 2013, an almost 22% drop.  Year to date (YTD) there have been 456 sales as compared to 574 for the same time period last year, a 21% decrease.

The slow sales are definitely having an impact on the "absorption rate" which has to do with demand.  It is the rate at which the market absorbs the inventory of homes that are for sale--in other words how fast are homebuyers buying the homes that are available.  In May the absorption rate was 10.89 and 11.55 for YTD. According to the National Association of Realtors, a Seller's market occurs when there are less than 6 months of inventory on the market and a Buyer's market when there are more than 6 months of inventory on on the market.  In other words the greater Green Valley AZ real estate market is still very much a Buyer's market. 

If you are thinking about selling your Green Valley AZ home give me a call, I'd love to hang an Another SOLD By Judi in front of YOUR house.  With more than forty-five of my listings selling in 2013--and 34 are already under contract or sold in 2014, including 2 that were on the market less than a week--I'd love to make yours the next one.  My extremely successful marketing plan WORKS...let me prove it to you. 

Green Valley AZ May 2014 Real Estate Statistics

Green Valley AZ April 2014 Real Estate Statistics

by Judi Monday, Your Green Valley AZ Expert

For the very latest on all things Green Valley AZ Real Estate--follow Judi on

1705 Placita Canoa Azul Green Valley AZ

Magnificent Mountain Views In Canoa Ranch: Virtual Tour

Real Estate sales in April 2014 continue to trail behind 2013 with 105 sales as compared to 131 in April 2013, an almost 20% drop.  Year to date (YTD) there have been 359 sales as compared to 455 for the same time period last year, a 21% decrease.

The slow sales are definitely having an impact on the "absorption rate" which has to do with demand.  It is the rate at which the market absorbs the inventory of homes that are for sale--in other words how fast are homebuyers buying the homes that are available.  In April the absorption rate was 12.19 and 11.8 for YTD. According to the National Association of Realtors, a Seller's market occurs when there are less than 6 months of inventory on the market and a Buyer's market when there are more than 6 months of inventory on on the market.  In other words the greater Green Valley AZ real estate market is very much a Buyer's market. 

If you are thinking about selling your Green Valley AZ home give me a call, I'd love to hang an Another SOLD By Judi in front of YOUR house.  With more than forty-five of my listings selling in 2013--and 25 are already under contract or sold in 2014, including 2 that were on the market less than a week--I'd love to make yours the next one.  My extremely successful marketing plan WORKS...let me prove it to you. 

Green Valley AZ April 2014 Real Estate Statistics

Home, Smart Home with Wireless Technology

by Judi Monday, Your Green Valley AZ Expert

For the very latest on all things Green Valley AZ Real Estate--follow Judi on

How smart is your home? You can make your home smarter and safer, and make your life easier, with these five simple switch-outs that make the most of emerging home technology, courtesy of Jack Thomasson, HGTV Smart Home House Planner.

• Entry level. You needn't throw away your key, but save it as a backup, and install a keypad at your front door instead. The latest keypads
Lockey E-DIGITAL E985R Electronic Lever Door Lock with REMOTE Optionprovide not only security, but also remote access via your smartphone. You'll never again have to wonder whether you locked the door; your smartphone, tablet or other Internet device will tell you if you did, and let you lock it if you didn't. Need to open the door for someone when you're not there? Keypads allow for that option as well.

• Perfect temperature. Want to come home to a cozy warm or comfortably cool house? Make the switch to a WiFi-accessible thermostat, and adjust the temperature of your home remotely.

• Guess-free garage. With wireless technology and your smartphone, you can check the status of your garage door and open or close it as needed.

• Who's there? Security cameras accessible from your smartphone let your house tell you who's making a delivery. In addition to viewing camera feeds, remote home monitoring systems allow you to arm or disarm your home security system and to receive specific notification by text, email or phone in case of emergency.

• Smart cookies. Preheat your oven while you're still at the grocery store. Certain apps and appliances will let you adjust and monitor your oven and other appliances remotely via your smartphone. You can adjust cooking temperature and set a timer, too.

Source: HGTV

Reprinted with permission from RISMedia. ©2014. All rights reserved.

 

Green Valley, AZ August 2011 Real Estate Statistics

by Judi Monday, Your Green Valley AZ Expert

Green Valley AZ Real Estate Statistics

Green Valley "old timers" are all talking about how unusually hot and humid this summer has been--one told he couldn't remember a hotter or more humid summer in his 25 years living in Green Valley.  Of course the upside to all that humidity is just how lush and green everything looks. 

The hot temps didn't seem to deter Buyers with 53 sales in August, which is par with July's sales.  On a year to date (YTD) the number of sales continues to be higher than in 2010 with 608 as compared to 583. 

Proving it is a bumpy road to market stabilization, the average sales price continues to fluctuate:

AVERAGE SELLING PRICE YTD FOR 2011:

JANUARY 2011     $162,340
FEBRUARY 2011 $164,457
MARCH 2011

$161,548

APRIL 2011

$162,586

May 2011 $175,595

June 2011

$165,340

July 2011 $162,542
August 2011 $160,017

AVERAGE SELLING PRICE YTD FOR 2010:

JANUARY 2010 $157,727
FEBRUARY 2010 $163,604
MARCH 2010 $158,559
APRIL 2010 $162,666
MAY 2010 $178,462
JUNE 2010 $165,693
JULY 2010 $167,440
AUGUST 2010 $167,884
SEPTEMBER 2010 $167,543
OCTOBER 2010 $168,547
NOVEMBER 2010

$169,476

DECEMBER 2010 $168,477

The breakdown for the active residential listings as of August 31, 2011 were as follows:

GREEN VALLEY

(includes Quail Creek & surrounding subdivisions)

585

SAHUARITA

(includes subdivisions N of Duval Mine Road & Duval Mine Rd.

  64

AREAS S & SE & SW OF GREEN VALLEY

(includes Elephant Head, Amado, Aravaca, Montana Vista & Lakewood)

  14

AREAS N & NE & NW OF SAHUARITA

(includes Vail, Curley, Horn Ranch, Ocotillo Ranch, etc)

    5

TUBAC & TUMACACORI

  38

RIO RICO   17
OTHER: INCLUDING TUCSON, NOGALES, ETC.     5

53 homes were sold in August 2011 as compared to 53 in July 2011.  The breakdown, by area, for those sales were as follows:

GREEN VALLEY                                                32
SAHUARITA

15

TUBAC   3
Tucson, VAIL, NOGALES, RIO RICO, ARIVACA/AMADO   3

Following is the 2010 to 2011 year-to-date comparison for the time period of January 1 through August 31, 2011:

  2010 2011
Houses Sold 583 608
Days On Market 172 182
Average Selling Price $167,884 $160,017
Median Price $151,000 $143,500

          JUDI MONDAY, CRS         

520-241-7780

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Judi Monday
RE/MAX Valley Properties In Green Valley, AZ
210 West Continental Road
Green Valley AZ 85622
Direct: (520) 241-7780
Fax: (520) 648-2221