What are Homes Selling for in Your Neighborhood?
Recent
Sales - Click
Here to view a .PDF list of homes (sorted by Street Name) that have sold through the Tucson MLS within
the last three months. If you are more comfortable with Microsoft Excel, Click Here to access the Sold data in an Excel worksheet.
Once a month, we update six months of SOLD properties at our primary website, www.MovetoAZ.com. To access this information, Click Here.
Setting the right price starts with research...
Before you assign a price to your house, spend time viewing
what homes in your neighborhood and surrounding areas sold
for within the last four months. There are a number of conditions
that you may want to take into consideration:
Market Conditions - What
were the market conditions at the time of the comparable
sale? If the market has appreciated since the similar
house was sold, you will need to make an upward adjustment.
If the market has declined or slowed down, a downward
adjustment needs to be considered. Review the Tucson MLS Monthly Reports to determine trends in the Tucson's market.
Similar Properties -
Choose properties that are similar to yours in square
footage, bedrooms, number and types of baths, lot size
and upgrades. Adjust for the differences. Did you know
that when comparing similar homes in a subdivision, the
sales price per square foot goes down as the square footage
goes up? Be sure to take this into consideration when
pricing your home.
Location - Location plays
a key factor when selling a house. Does the house backup
or resided on a busy street? Is the house in a cul-de-sac?
How much elbow room is there between homes? Is the house
in a desirable school district? These are some of the
factors that need to be considered and adjusted for when
pricing a home.
Age - Typically, newer
homes will sell for more compared to older homes.
Condition - How is the
roof? Has the flooring seen better days? Are the main
colors in the house neutral? Does the interior and exterior
of the house need a fresh coat of paint? You are competing
with new and resale homes. Spend time and money improving
the condition of your home before putting it on the market.
If not, adjust the price accordingly.
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