Tucson April 2008 Closed Transaction 991 and Counting

calendar May 5, 2008

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Tucson Saguaro BloomI’ve felt like an auctioneer all day long. I check the closed transactions counts about once every 30 minutes since early this morning. I didn’t think we could close ground on the nearly 30 transactions we needed to get to 1000 for the month.

980 do I hear 981?

We have 985 do I hear 986?

991, I have 991. Do I hear 1000?

I think I hear 1000. If the trend for late entries of the past three months are any indicator we just might make it yet. All things considered, taxes due in April, the media converage (in an election year all things are to be 100 times worse than they are not just 75 times). Finally, the current state of real estate in this country to have 1000 closed transactions is an indication of a healthy (healthier than expected) Tucson real estate market.
Averages:

  • Asking Price: $265,109
  • Sale Price: $253,251

This represents 95.52% of asking price to sale price ratio.

Do I hear 992?


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By David Smith in Tucson Real Estate Market

3 Responses to “Tucson April 2008 Closed Transaction 991 and Counting”

  1. Margie Says:

    Hi Dave,

    Thanks for the info. What was the final count of closed transactions?

    Margie

  2. David Smith Says:

    Margie,

    We are sitting at 998 at this moment. I thought we might get to 1000 when we hit 994 two days ago. I’ve held off updating thinking we would get these last 2 in and I could put a YEAH! 1000 Closed Transactions.

    But 998 is pretty good. Come On, there has to be 2 more out there some where?

    Some more good news, we already have 179 for May entered.

  3. Margie Says:

    “Some more good news, we already have 179 for May entered.”

    Keep em coming. :)

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